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Central Bank Tells BFIs to Save Lives under CSR

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Central Bank Tells BFIs to Save Lives under CSR
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May 19: Nepal Rastra Bank (NRB) has directed banks and financial institutions to support people suffering from Covid-19 with oxygen supply and medical aid under their Corporate Social Responsibility (CSR).

The central bank issued such directive on May 18 in the third quarterly review of the monetary policy of the current fiscal year.

This is expected to help the treatment of COVID-19 infected patients, the central bank said.

"Under the CSR, arrangement shall be made to contribute funds to save people's lives in public interest and philanthropic works across the country," the state-owned national news agency RSS quoted the central bank as saying.

 

 

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