BIZ BRIEFS

NIC growing

KATHMANDU: NIC Bank formally inaugurated its Surkhet and Dhanghadi branches on Thursday. Chairman of the bank Jagdish Prasad Agrawal inaugurated the Surkhet branch. On the occasion, NIC Bank also donated an ambulance to Mid-Western Regional Hospital of Surkhet. It had donated another ambulance in Lahan last week for public use. “Both ambulances were donated with contributions of the bank’s customers which were matched by NIC Foundation and the bank,” said Agrawal. — HNS

Sunrise’s products

KATHMANDU: Sunrise Bank has launched two new products, ‘Sunrise Lakhpati Bachat’ and ‘Sunrise Gold Loan’. It also expanded its existing Sunrise Overdraft Savings Account (ODSA). “In the Lakhpati scheme, a customer must deposit Rs 2,510 per month for three years or Rs 3,900 per month for two years or Rs 8,070 per month for a year depending upon the type of scheme,” said bank CEO Kishore Maharjan. In Gold scheme, a customer can take a loan from Rs 50,000 to rs 20,000,000 on gold collateral at 10 per cent interest from the bank’s New Road branch. — HNS

Transporters’ demand

KATHMANDU: Federation of Nepalese National Transportation Enterpreneurs (FNNTE) has demanded the government pay required compensation for the vehicle torched by an agressive group at Jamal on July 21. FNNTE also condemned the government’s inability to provide security to the transportation sector. The federation requested the transportation enterpreneurs throughout the country to make its July 24 protest programme successful. It has also apologised to the people for the inconvenience. — HNS

TCCI, Vaidhya’s CSR

KATHMANDU: Tulsipur Chamber of Commerce and Industry (TCCI) and Vaidhya’s Organization (VoITH) handed over 32 packects of medicine to Nepal Army battalion commander Bharat Bahadur Malla on Thursday for diarrheoa and dysentry affected in Jajarkot, Rukum and Rolpa. — HNS