Param Savings and Credit Cooperative Ltd (PSCCL) of Kathmandu metropolis ward no. 28, Bangemudha, has collected a deposit of Rs 45 million in the first year of operation. According to a statement by managing director Sanu Raj Joshi, it has shares equivalent to Rs 3.5 million. PSCCL provides hire-purchase and other small business banking services to its customers. It was established on May 15, 2008.
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