Kathmandu, Oct 25: The Nepal Rastra Bank (NRB) – the central bank of Nepal – has stated that the telecom service provider company, Ncell, received its dividend by fulfilling proper legal procedure.
At a press conference organized by the NRB here on Monday, the central bank clarified that the Company drew Rs 8.36 billion as a dividend in the fiscal year 2068/069 BS that was blocked for nearly five years owing to various reasons.
According to NRB Spokesperson Narayan Prasad Poudel, “We had granted approval to Ncell after it met the conditions”. He made it clear that the central bank had given approval to the telecom service provider on the basis of the recommendations of Nepal Telecom Authority and Department of Industry.
The decision is in line with the legal provision of Nepal. RSS
२५ कार्तिक २०८३, बुधबार
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