Kumari Bank Limited has received The Manthan Award South Asia 2011 under the category of e-business and enterprise during ‘The Manthan Award South Asia 2011’ International Summit 2011 held in New Delhi, India on 1-2 December.

The award honours the best practices in e-content and creativity. Kumari Bank won the award for providing Kumari Mobile Cash service. Inthis year’s event, there were more than 481 applications under 30 core categories from across Afghanistan, Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan and Sri Lanka. Out of them, 38 were selected as winners and with Kumari Bank was the sole winner representing Nepal.

The Manthan Award was launched on 10th October 2004, by Digital Empowerment Foundation in partnership with World Summit Award, Department of Information Technology, Government of India. Kumari Mobile Cash had earlier received mBillionth Award South Asia for during the ‘mBillionth 2011 South Asia International Summit’, New Delhi, India on 23 July this year.