Kathmandu. KATHMANDU: Nepal Rastra Bank (NRB) has not renewed the license of Prabhu Technology Pvt. Ltd.
The central bank issued a notice today. It is stated that the license of Prabhu Technology has not been renewed as per the provision of Section 13 (4) of the Payment and Settlement Act, 2075.
Prabhu Technology had obtained the license of payment service provider from the Nepal Rastra Bank on 11th Falgun 2076.
The NRB has also notified the customers using the payment instruments issued by the institution to contact the concerned institution within 30 days from the date of publication of this notice.
