Special refinancing will be provided to the service providers providing internet in remote areas

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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.

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Rabins Sharma Lamichhane

Rabins Sharma Lamichhane is the owner of RabinsXP who is constantly working for increasing the Internet of Things (IoT) in Nepal. He also builds android apps and crafts beautiful websites. He is also working with various social services. The main aim of Lamichhane is to digitally empower the citizens of Nepal and make the world spiritually sound better both in terms of technology and personal development. Rabins is also the first initiator of Digital Nepal.

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