By Our Reporter
Mahalaxmi Development Bank Ltd and Nepal Rastra Bank have inked a memorandum of understanding for introducing Real Time Gross Settlement (RTGS) system. TRGS provides the facility of prompt clearance, which will facilitate for prompt payment.
The agreement was signed by Rewotiprasad Nepal, executive director of the Payment System Department, NRB and Krishnaraj Lamichhane, CEO of the Mahalazmi Bank.
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