Kathmandu: An agreement has been signed between the Citizen Investment Trust (CIT) and the Department of Land Management and Archive regarding the release and registration of collateral through an online system.
The agreement was signed by Executive Director Parbat Kumar Karki on behalf of the Trust and Director General Shiv Prasad Regmi on behalf of the Department.
Following the agreement, the registration and release of collateral related to housing and soft loans provided by the Trust in the Kathmandu Valley will now be completed online. The Trust believes this will make the process faster and more efficient, allowing service recipients to receive improved and timely services.