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Why could not NIBL, HBL ink merger agreement on scheduled date?

KATHMANDU: Though the merger agreement between Nepal Investment Bank Limited (NIBL) and Himalayan Bank Limited (HBL) was scheduled to take place on Tuesday, the merger agreement will now take few more time. Merger agreement could not take place on Tuesday after understanding could not be reached on designation that...

Why could not NIBL, HBL ink merger agreement on scheduled date?
Nepal’s economy to post modest recovery of 3.1% in FY2021

Nepal’s economy to post modest recovery of 3.1% in FY2021

Banks to open from 10AM to 2PM from Thursday

Banks to open from 10AM to 2PM from Thursday

NRB to give continuity to economy revival programs

NRB to give continuity to economy revival programs

Stock Exchange to remain open despite prohibitory order in Kathmandu

Stock Exchange to remain open despite prohibitory order in Kathmandu

Adequate food in stock, do not panic: Govt

Adequate food in stock, do not panic: Govt

Week-long prohibitory order in Kathmandu Valley from Thursday

Week-long prohibitory order in Kathmandu Valley from Thursday

Prohibitory order in Kathmandu Valley from Thursday

Prohibitory order in Kathmandu Valley from Thursday

Prabhu Bank reports rise in its net profit by 44% in third quarter

Prabhu Bank reports rise in its net profit by 44% in third quarter

FNCCI asks govt to bring down VAT rate, revise income tax slabs

FNCCI asks govt to bring down VAT rate, revise income tax slabs

Partial lockdown, if required: Foreign Minister Gyawali

Partial lockdown, if required: Foreign Minister Gyawali

Himalayan, NIBL to ink merger agreement on Tuesday

Himalayan, NIBL to ink merger agreement on Tuesday

Six years of devastating earthquake: Reconstruction of 93 per cent of private houses completed

Six years of devastating earthquake: Reconstruction of 93 per cent of private houses completed

Bank lending ticks up by 25.63% to Rs 3,573 billion

Bank lending ticks up by 25.63% to Rs 3,573 billion

NNRFC recommends to allocate Rs 152.51 billion unconditional grants to provincial, local govts

NNRFC recommends to allocate Rs 152.51 billion unconditional grants to provincial, local govts

Ncell building Green Park at the heart of the city in Lainchaur

Ncell building Green Park at the heart of the city in Lainchaur

Rift over consortium financing made in Smart Cell delays NIBL, HBL merger

Rift over consortium financing made in Smart Cell delays NIBL, HBL merger

Australia withdraws from Chinese ‘Belt and Road’ deal

Australia withdraws from Chinese ‘Belt and Road’ deal

NRB study shows total foreign investment in Nepal accounts for Rs 182.91 billion

NRB study shows total foreign investment in Nepal accounts for Rs 182.91 billion

Govt introduces quota system in Everest climbing to prevent human traffic

Govt introduces quota system in Everest climbing to prevent human traffic

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