Kathmandu. KATHMANDU: Nepal Rastra Bank (NRB) has scrapped the license of Suvidha Money Changer Pvt Ltd based in Mechinagar municipality-6, Jhapa.

It has canceled the license of the money changer licensed by the Nepal Rastra Bank.

The Nepal Rastra Bank (NRB) has decided to cancel the license as it failed to renew the license within the stipulated time as per the provision of sub-by-rule (3) of Regulation 19 of the Nepal Rastra Bank, Money Changer License and Inspection Bylaw-2077 (with fourth amendment).