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BFIs Allowed to Use CSR Funds for Gen Z Movement Victims Kathmandu: Banks and financial institutions are now permitted to allocate their Corporate Social Responsibility (CSR) budgets to support those affected by the Gen Z demonstrations that occurred on September 8-9
NRB Allows Banks and Financial Institutions to Use CSR Funds for Gen Z . . . With this amendment, banks and financial institutions can now provide financial assistance to individuals injured during the movement as well as to the families of those who lost their lives The NRB has allowed such assistance to be recorded as CSR expenditure in their financial statements
Banks Can Cover Medical Expenses for Gen Z Movement-injured The central bank has explicitly permitted BFIs to utilize their dedicated CSR funds to cover the medical costs of individuals from poor and underprivileged backgrounds who were injured during the movement
New CSR Amendments for BFIs: Supporting Gen-Z Movement Banks and financial institutions can utilize CSR funds to provide free medical treatment to marginalized citizens affected by the movement, and support livelihood and skill