Kathmandu, Nov. 27 -- The National Cooperatives Regulatory Authority (NCRA) has launched a software for the registration of cooperatives with their major operations in savings and credit. The NCRA held a program here on Wednesday to formally begin registration of cooperatives through an automatic online system. At the program organized to inform about the start of the online registration process, NCRA Chair Dr. Khagaraj Sharma shared that arrangements have been made for cooperatives to also become members of the Credit Information Center. He said that it will also make it easier to be included in the Deposit and Credit Protection Fund.

Sharma emphasized the need to pay attention to the issue of money laundering and bring cooperatives in...