Issuing a press statement, the bank claimed that neither the bank had disbursed loans to any imaginary project nor had it employed any imaginary persons. It also claimed that was abiding all rules and directives of Nepal Rastra Bank (NRB). [break]
NRB had filed fraud charges with Nepal Police against the chiefs of Public Development Bank and Infrastructure Development Bank on Tuesday.
NIC foundation supports orphanage
KATHMANDU, Jan 27: NIC Foundation, a charity wing of NIC Bank, has donated Rs 50,000 to Bal Kalyan Griha, an orphanage based in Khandbari of Sankhuwasabha through Makalu-Trishakti Samuha (MATS).
Ashok Agrawal, member of the foundation, handed over the check to Santosh Chapagain, president of MATS, states a press release issued by the bank on Wednesday.
MATS is currently supporting 10 orphan children. Few months back, the foundation had supported a police officer of Khandbari who has been helping local orphan children in Sankhuwashava district.
The foundation has also been supporting in the field of girl child education, scholarship to differently-abled and orphan children besides supporting different orphanages and hospitals.
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