Introduction - Citizen Investment Trust
Citizen Investment Trust (Nagarik Lagani Kosh), a statutory foundation under Citizen Investment Trust Act, 2047, has responsibility for Government as an open money related association. It was built up on eighteenth March, 1991 (fourth Chaitra, 2047B.S) as an independent body. Formally it has been working its exercises since fifteenth January, 1992 (first Magh, 2048. It works and oversees different kinds of retirement plans/programs and different unit plans and common reserve program for both household and remote financial specialists to energize the general population for sparing to extend store and increment the speculation openings alongside the dynamic advancement of the capital market to contribute monetary improvement of the country.
CIT has effectively finished its two decade testing a long time with the concurrent development of dynamic capital market in Nepal. At display, it has been propelling different sorts of willful retirement plans (Pension reserves, Gratuity stores and so forth.) and obligatory protection support programs on the premise of completely financed and singular record. CIT, in the meantime, promising the long haul sparing assemblies by working Employee Savings Growth Retirement Fund (ESGRF), Insurance Funds for Civil Service's representatives, Teachers, Nepal Army's Employees, Nepal Police's Employees, Armed Police Force's Employees and others foundation's representatives to enable the investors for sparing to extend store and increment chances to venture alongside the advancement of the capital market.
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