CIT calls bids from banks for fixed deposit at minimum 8% interest

ShareSansar, May 18:

With the intention to invest in fixed deposit for a period of year, Citizen Investment Trust (CIT) has published a notice seeking quotation from commercial banks.

The Trust has asked the banks to specify interest rate and fixed deposit amount in the quotation. The minimum quotation for interest rate is 8%.

As per the notice, only the commercial bank listed in A-category by Nepal Rastra Bank (NRB) can submit the quotation. Interested banks must submit their proposal by Jestha 8 till 1:30 pm.