Special refinancing will be provided to internet service providers in remote areas
Nepal Rastra Bank (NRB) is going to provide special refinancing to the service providers bringing internet to remote places. Announcing the monetary policy for the fiscal year 2078/79 on Friday, the National Bank of Nepal (NBN) has asked the government to provide special refinancing to the service providers in remote areas.
The policy states, “Special refinancing will be provided to Internet service providers in remote areas to promote broadband and provide Internet access to the public.”
Similarly, NRB has made arrangements to provide special refinance to the payment service providers and payment service operators and communication service providers who are investing in the overall ecosystem development and promotion of electronic payment system.