Nepal Clearing House Ltd. (NCHL) recognizes banking & financial technology oriented services as one of the key ingredients for the BFIs to improve their efficiency, productivity and also provide innovative financial solutions to their customers. And NCHL intends to help them realize these by providing various technology based payment related services without having to invest heavily into infrastructures by the BFIs. NCHL has the strategic objectives to establish multiple payments, clearing and settlement systems in Nepal with long term objective to establish a national payments gateway to facilitate electronic payments and financial transactions within the country. Electronic Cheque Clearing (NCHL-ECC) and Interbank Payment System (NCHL-IPS) are the national payment systems that are currently in operation. 

NCHL-IPS System popularly known as Connect IPS provides safe and efficient means of funds tranfer from one account to any other account held at any of the participating member BFIs thereby supporting direct credit (payments) and direct debit (collection) related transactions.

In this episode of Banking Bahas we have talked with our guest Mr. Neelesh Man Singh Pradhan about how NCHL and its most popular product Connect IPS is contributing towards digital economic transformation. 
 
Presenter: Manoj Regmi

Guest:  Neelesh Man Singh Pradhan
        CEO, Nepal Clearing House Ltd. (NCHL)

About Guest
Mr. Neelesh Man Singh Pradhan has over 20 years of proven experience in the area of strategy development & implementation, public company management with profit & loss responsibility, financial management, banking & financial technology, project management, IT service management at various jurisdictions and at various roles. 

He is the founding CEO of Nepal Clearing House Ltd. (NCHL) for institutionalizing the national clearing house, which is one of the flagship projects of the country's payments market infrastructure. He is currently engaged in the implementation of National Paymant Switch and have assisted Central Bank, Government/ Semi-Govt institutions, capital market stakeholders, large fund mangers and other large institutions in an advisory role for their process re-engineering to adopt digital payments, including development of the regulatory frameworks.

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