July 6:  Mahalaxmi Bikas Bank and Reliable Nepal Life Insurance have signed an agreement to provide bancassurance service to their customers.

Chief Executive Officer of Mahalaxmi Bikas Bank, Krishna Raj Lamichhane, and Chief Executive Officer of Reliable Nepal Life Insurance, Narayan Babu Lohani, signed the agreement on behalf of their respective organisations amid a programme held on Thursday, July 5. As per the agreement, customers of the bank will receive all the facilities related to insurance service provided by Reliable Nepal Life Insurance from all branches of the bank.