Collaboration Between Rural Microfinance and Nepal Bank

February 8: Rural Microfinance Development Center and Nepal Bank have entered into an agreement regarding banking transactions. Devendra Pratap Shah, CEO of Nepal Bank and Jyoti Chandra Ojha, CEO of Rural Microfinance have signed an agreement paper on this regard. According to the agreement, money transfer of microfinance to its partner organization will be free of charge from the account maintained by the institution at the bank.