Rastriya Banijya Bank Partners with Food Management and Trading Company for Employee Loans and Salary Accounts

Sun, Sep 8, 2024 9:35 AM on Latest, Corporate,

Rastriya Banijya Bank Limited and Food Management and Trading Company Limited have signed an agreement to offer professional loans and manage salary accounts for the company's employees.

The deal, signed by Mr. Devendra Raman Khanal, CEO of Rastriya Banijya Bank, and Mr. Ramesh Acharya, CEO of Food Management and Trading Company, allows the bank to provide loans up to fifteen lakh rupees to eligible employees at a 2% premium above the base rate of 6.66%.

Additionally, the bank will manage the employees' salary accounts. This collaboration is expected to benefit both parties. The signing ceremony was attended by various departmental heads and officials from both organizations.