Nepal Rastra Bank Governor Highlights Digital Finance Transformation

Summary

Nepal Rastra Bank Governor Vishwanath Poudel says rapid advances in financial technology are transforming traditional financial services and expanding access for underserved communities. He said Nepal’s digital finance journey has grown from cards and ATMs to mobile banking, digital wallets, and QR payments, while regulators strengthen safeguards.

Key Points
  • Governor Vishwanath Poudel said financial technology is fundamentally changing how financial services are delivered.
  • He highlighted AI, digital platforms, cloud computing and data analytics as key drivers of better access, quality and efficiency.
  • He said digital finance in Nepal has evolved from electronic cards and ATMs to mobile banking, digital wallets and QR codes.
  • Nepal Rastra Bank is strengthening regulatory and supervisory measures to make digital financial services safer and more reliable.
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