Kathmandu. Global I ME Bank has announced a financial assistance of Rs. 50 million for the rescue, relief and rehabilitation of the people affected by the floods in Bhotekoshi. The bank has announced a financial assistance of Rs. 50 million to the ‘Prime Minister ‘Prime Minister Natural Disaster Relief Fund’ }.

The floods that occurred at around 9:15 am on Wednesday have caused a huge loss of physical and human life in the river banks including Rasuwa, Nuwakot, Dhading, Gorkha and Chitwan.

At present, the state has mobilized all the state agencies for rescue, search and relief in the flood-affected areas. Meanwhile, the government had also appealed for assistance for rescue, relief and rehabilitation of the affected people.

Meanwhile, GlobalIME Bank has announced a support of Rs. 50 million under Corporate Social Responsibility (CSR) of (.

The floods have caused major damage to the local settlements, bridges, road networks and hydro power projects. Dozens of settlements have been completely damaged. Hundreds of people have lost their lives and hundreds are still missing. The search for is currently underway.