ECONOMY

NRB operating RTGS on public holidays for smooth payment system

Nepal Rastra Bank (NRB) is set to operate the ‘Real Time Gross Settlement’ (RTGS) system even on public holidays.
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By REPUBLICA

KATHMANDU, Nov 14: Nepal Rastra Bank (NRB) is set to operate the ‘Real Time Gross Settlement’ (RTGS) system even on public holidays.



The central bank in a public notice stated that the RTGS system will be in operation on Monday, from 9:00 AM to 3:00 PM.


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The government has declared a public holiday on Monday to mark the Chhath festival.  The central bank has said the arrangements have been made to keep the RTGS service operational to ensure continuity of the payment system.


 

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