Kathmandu. Nepal Rastra Bank (NRB) has scrapped the license of National Money Changer Birgunj-Parsa Pvt Ltd. Issuing a notice on Tuesday, the Nepal Rastra Bank (NRB) informed that the license of the company has been revoked.
According to the notice, the license was cancelled after the company was found not carrying out transactions in Indian rupees against the provisions mentioned in Rule 3 of the Money Changer License and Inspection Bylaw-2077 (Fourth Amendment) of Nepal Rastra Bank.
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