2 development banks to join hands for Jyoti Remit service; Deva to support Jyoti in the business

Deva Bikas Bank and Jyoti Bikas Bank have signed an agreement for providing Jyoti Remit service through the branch network of the former. The agreement was signed between CEO of Jyoti Bikas Bank Mr. Manoj Gyawali and CEO of Deva Bikas Bank Mr. Bijay Bahadur Shrestha.

Jyoti Bikas Bank currently has 60 branches under its network and is mulling to open 30 more in the current Fiscal Year while Deva Bank has 51 branches at different locations which will together bring in remittance money through Jyoti remit after the agreement.