Kathmandu, Dec. 31 -- India Chamber of Commerce and Industry (NICCI) has welcomed Nepal Rastra Bank's decision to ease the repatriation of dividends for foreign investors, saying the move will significantly reduce procedural hassles and strengthen investor confidence.

On May 29, NICCI officials met Nepal Rastra Bank governor Bishwanath Paudel and raised concerns related to the repatriation of dividends and salaries of foreign employees, difficulties in cross-border service payments, and the need for effective implementation of the one-window system. The delegation requested the central bank to introduce necessary facilitative measures to address these issues.

NICCI President Sunil KC said the latest amendment has removed long-standing p...