CIT provides return of Rs 1.52bn to savings growth retirement fund participants

KATHMANDU: Citizen Investment Trust (CIT) has provided 1% return, amounting to Rs 1.52 billion, to participants of the Savings Growth Retirement Fund programme. The return is based on the total funds deposited in their accounts.  

The decision was made during a CIT board meeting held on April 12, 2024. It was resolved that this return would be provided to participants who held funds in the CIT as of the same date, utilising the total accumulated profit of the fund.  

The additional return has now been credited to the accounts of Savings Growth Retirement Fund participants. 

The CIT has been providing additional returns to its participants.