Deal inked to facilitate cross-border payments
![](https://snowberry.prixacdn.net/media/gallery_folder/sign_5X25nmVY7l_iesdgx8uaphp8gywg0smlpm1wwsvh2hbnezfddlcemjjbzwgb8rfim354srn.jpg)
KATHMANDU, MAY 27: Nepal SBI Bank Ltd. (NSBL) has entered into an agreement with Nepal Clearing House Ltd. (NCHL) to facilitate cross-border payments between Nepal and India. It was signed by Rajesh Kumar Panda, Dy. CEO & Chief Financial Officer, NSBL and Neelesh Man Singh Pradhan, Chief Executive Officer, NCHL, on behalf of their respective organisations, at a program held today in the capital
With this, Indian citizens residing in Nepal will be able to directly transfer funds from National Payments Interface (NPI) handle-linked accounts in Nepal SBI Bank Ltd. to their accounts in India, subject to limits set by the Nepal Rastra Bank. Similarly, Nepali citizens residing in India can also transfer funds directly from their Unified Payments Interface (UPI) handle-linked accounts, to accounts maintained with NSBL.
The Bank provides its banking services through its 97 branches, 22 extension counters, 7 province offices and 1 corporate office along with 121 ATMs.
- #Yeti Airlines Sued for Pokhara Air Crash; Rs 800 Million Compensation Demanded
- # Gold price in Nepal much higher than in India ; risks of smuggling getting higherr
- #" A significant number of Nepali migrants imprisoned in Malaysia due to lack of valid document"
- #Sanima GIC Insurance, Citizens Capital ink deal
- #NOC accelerates petroleum storage facility construction process
![Litmus Industries, Avasar Equity Diversified Fund ink deal](https://snowberry.prixacdn.net/media/gallery_folder/litmus%25201_8soz1xJMlg_htlzfuh0xmwnaelkk5otndtsnrbq0ziu321j6taznmld5cidnm35lmun2a1l_zrMYj0Qrxj_zro0j31uxiqsybn1qv6ccm5jiierq589rhb8z58mfpcedk5ns1lynxzt9x1t.jpg)
Litmus Industries, Avasar Equity Diversified Fund ink deal
![Credit will be mobilised in productive sector: Finance Minister Pun](https://snowberry.prixacdn.net/media/gallery_folder/fm_mP8C9ZVQQQ_izme8vjtj43p6qfnbz3pd70pvwctengzjgqcgi2ya72vhfmrpzqntgxd45xs_v04PtyuRns_g6jnri6czghivgj5b1sd9jqinpbs31sfla41yewm63g0g6a7gj7acmyt9qnu.jpg)
Credit will be mobilised in productive sector: Finance Minister Pun
![Paid-up capital of BFIs exceeds Rs 436 billion](https://snowberry.prixacdn.net/media/gallery_folder/banks_EzgZKFmZc5_yamh67ixmdlceuqxrtgxbwybfohsmuvu6nwggaa1c6lxed43xhqvatuw22ys_nTqPs1ZIAY_xr1tv7sp4dtke5cktxokypzekjn1km8ufi3dj2c7ufshoq0m9jex8xwdlg2r.jpg)
Paid-up capital of BFIs exceeds Rs 436 billion
![Sislain appointed as World Bank country director for Nepal, Maldives and Sri Lanka](https://snowberry.prixacdn.net/media/gallery_folder/david_CMDVii3s2u_nn0hdgyeln4haioixngpinncojrg52boulyaezvyvw0ujsya0hrbtayjgqdm_SZXlfcEzaB_wy84yeyi5pyz7gtopw7dkilkwogppur12dbjxwdk4knplv0cpzdblglrnrm3.webp)
Sislain appointed as World Bank country director for Nepal, Maldives and…
![Chirkhwa Hydropower not to offer dividend to shareholders](https://snowberry.prixacdn.net/media/gallery_folder/hydro_0EDBba4pfM_o9jipj9pqmkusfmz63jypdt35o7bt7xqu4kgteb3etonqwkg4emhuafilkis.jpg)
Chirkhwa Hydropower not to offer dividend to shareholders
![IDA21 taking place from June 18-21 in Nepal](https://snowberry.prixacdn.net/media/gallery_folder/finance-ministry_ziovnmTSfV_x5hygguigs7siyjqd7v8ym4ch2thigxnmsjwbayfxojrxpnyucbpsnnchars.jpg)
IDA21 taking place from June 18-21 in Nepal
![“It will be a must for offsprings to provide 10 percent income to parents”](https://snowberry.prixacdn.net/media/gallery_folder/money_fkfFLTJMiO_u4s3gk7fo0mvct5bwhyaztbyttv2udwpylqav7bo9kcnxzqugi0cg18p0vni.jpg)
“It will be a must for offsprings to provide 10 percent income to …
![MTEF workshop for local government officers concludes](https://snowberry.prixacdn.net/media/gallery_folder/aarthiknews.com__X02V50TJve_qgn9iievng83fhefepi3pxw4vis51vuz6d1s7bfzrim5mjyckesbpokd5qdk.png)