March 25: Tinau Development Bank has signed Interbank Payment System (NCHL-IPS) with Nepal Clearing House Limited amid a program held on March 24. According to the agreement, Nepal Clearing House will provide NCHL-IPS service for interbank payment system to Tinau Development Bank.

Nilesman Singh Pradhan, CEO of Nepal Clearing House and Pradip Kumar Shrestha, CEO of Tinau Development Bank signed on the agreement paper. "Customers of Banks and other financial institutions under NHCL-IPS system can receive and make payment among them, which includes the payment of dividend, IPO refund, bill, pension, remittance, premium and social security allowance," inform two institutions, issuing a joint statement. The number of financial institutions under NCHL-IPS system has reached 48 with Tinau Development Bank.