NTA and NRB agree to cooperate for effective mobile

Kathmandu, April 21: Nepal Telecommunications Authority (NTA) and Nepal Rastra Bank (NRB) have signed an understanding, promising cooperation and coordination necessary for the development and regulation of mobile financial services.

NTA Spokesperson Min Prasad Aryal said NRB governor Dr Chiranjibi Nepal and NTA acting chair Purushottam Khanal signed on the paper on behalf of their respective sides.

The document mentions the role and works of both organisations in order to make the development and regulation of mobile financial services more reliable and effective. (RSS)