Kumari Bank Ltd won The manthan Award South Asia 2011

Kumari Bank Limited has received an award recognized by the grand jury of The manthan Award South Asia 2011 (Digital Inclusion for Development), during The manthan Award South Asia 2011 International Summit 2011 held in New Delhi, India on December 01-02, 2011. The award was won in the e-business & enterprise category for providing service called Kumari Mobile Cash which uses mobile phones to provide access to financial services through mobile wallet concept which allows users to store cash balances in their mobile phones. Out of a total of more than 481 applications from across Afghanistan, Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan and Sri Lanka, 38 were selected as winners spread across 30 core categories, with Kumari Bank, the sole winner representing Nepal.