KATHMANDU, JUNE 4

A report on digital transaction between Nepal and India has been submitted to Nepal Rastra Bank (NRB) Governor, Maha Prasad Adhikari.

A team of the Economic Media Operators Association of Nepal (EMAN) prepared the report after conducting studies in various cities in India, including the Indian capital New Delhi, for two weeks.

The association handed over the report to the governor today amid a programme organised at the central bank, informed EMAN President Royal Acharya.

Receiving the report, Governor Adhikari extended gratitude to the EMAN for conducting the study on cross-country digital transaction, which he believed, would further facilitate the Indian tourists visiting Nepal.

"There is the issue of payment for the Indian tourists visiting Nepal. Also, the Nepalis going to India for study and for pilgrimage used to face difficulties," said Governor Adhikari, adding that the cross-country digital transaction would aid in making payment easier.

He pledged to do more homework for this to materialise and said that the report prepared by EMAN would be useful to the NRB.

Meanwhile, EMAN also handed over the report to Sunil KC, president of the Nepal Bankers' Association today itself.

It may be noted that Nepal and India recently signed a memorandum of understanding for cross-border digital payment which is expected to facilitate people of both countries for digital transactions.

A version of this article appears in the print on June 5, 2023, of The Himalayan Times.