In continuation to supporting Nepal Rastra Bank (NRB) in its initiative of extending Real Time Gross Settlement (RTGS) system, Nepal Clearing House Ltd. (NCHL) has further enabled 1 development bank and 3 finance companies into connectRTGS system, through which they will now be able to initiate and process RTGS transactions.

Miteri Development Bank Ltd., Nepal Finance Ltd., Samriddhi Finance Company Ltd. and Shree Investment & Finance Co. Ltd. are the recently added BFIs in the system. Prior to this 24 commercial banks, 9 development banks and 8 finance companies have already been using RTGS system. Out of the total BFIs using RTGS, a total of 46 BFIs are accessing RTGS through connectRTGS, which is an…


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