Kathmandu. KATHMANDU: Nepal Rastra Bank (NRB) has cancelled the license of Central Exchange Counter Pvt Ltd. Nepal Rastra Bank (NRB) has revoked the money changer license of the company.

According to the Nepal Rastra Bank, the license has been revoked on the basis of the application submitted by the company for the cancellation of the license.

The license of the company has been revoked as per the provision of Regulation 22 of the Nepal Rastra Bank Money Changer License and Inspection Bylaw, 2077 (with fourth amendment).