Saturday, July 2, 2022

CIT offers 1.5 per cent additional returns

 Kathmandu, June 26

The Citizen Investment Trust (CIT) has decided to give 1.5 per cent additional return from the profits of the fund to the participants of the Employees Savings Growth Retirement Scheme Programme.

The scheme will be implemented from the profits up to the fiscal year 2021/22 and about 298,000 participants of the scheme will be benefitted from it.

Employees Saving Growth Retirement Scheme is one of the major schemes introduced to the employees.

According to the CIT, the decision was taken at a meeting of the Board of Directors held on Sunday.

As per the schemes about Rs. 1.74 billion would be distributed to all the participants. The money will be directly deposited to the account of participants. 

Published in The Rising Nepal daily on 27 June 2022.  

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