Microfinance Companies Barred From Rendering E-Banking Services

Sep 24, 2020 05:14 PM Merolagani

Microfinance companies are barred from rendering e-banking services to customers.

In the unified directives issued on Thursday, NRB erased the previously included mechanism that allows microfinance companies to provide digital banking services.

NRB is prioritizing e-banking in recent times however banned such services through microfinance companies.

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