An agreement has been signed between Siddharth Bank and Manipal Technologies to ensure financial security. The bank has entered into an agreement with Manipal to ensure the financial security of the customers and stabilize the financial system.

After the agreement, the Bank believes that it will further strengthen the commitment to reduce the risk of financial crimes in accordance with the regulatory requirements of Nepal Rastra Bank by strengthening the anti-money laundering technology. Manipal Technologies has said that it will enable banks to use artificial intelligence (AI) and machine learning to monitor transactions, control fraud and adopt customer identification systems.