KATHMANDU: Nepal Investment Bank Ltd (NIBL) and Nepal Red Cross Society (NRCS) have signed a memorandum of understanding (MoU) under the bank’s ongoing corporate social responsibility (CSR) initiative promoting health care and literacy.

NIBL handed over the cheque amounting to Rs 500,000 to the NRCS management, as per a media release. The financial assistance provided to the NRCS will aid in conducting blood donation/collection, awareness, and motivational programmes to educate the people about the necessity of such knowledge to enhance and promote a healthy living