CIT and Laxmi Sunrise Bank Sign Agreement on Employee Retirement Fund Management
Summary
Citizen Investment Trust and Laxmi Sunrise Bank Limited have signed an agreement for managing employee retirement funds including provident, gratuity, voluntary retirement, and additional retirement schemes.
Key Points
- Citizen Investment Trust and Laxmi Sunrise Bank Limited signed an agreement on employee retirement fund management.
- The agreement covers provident, gratuity, voluntary retirement, and additional retirement schemes.
- Citizen Investment Trust will maintain records, manage accounts, and process contributions and payouts.
- The management aims for systematic, transparent, and efficient handling of employee retirement benefits.
.jpg)