Nepal Insurance Authority joins NPS; to initiate for automation of its various payment processes

Nepal Insurance Authority has signed an agreement with Nepal Clearing House Ltd. (NCHL) for automating its various payment processes, including disbursements and collections through NCHL payment systems. The agreement was signed by Mr. Raju Raman Paudel, ED of the authority and Mr. Neelesh Man Singh Pradhan, CEO of NCHL.

With this, Nepal Insurance Authority will now have access to various digital instruments under NPS through National Payments Interface (NPI), for automating its transactions.