Machhapuchhre, Standard Finance Merging

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Dec. 28, 2011, 5:45 p.m. Published in Magazine Issue: Vol. : 05 No. -12 Dec. 23-2011 (Poush 08,2068)<BR>

Machhapuchhre Bank Ltd. and Standard Finance have asked for official permission from the Nepal Rastra Bank (NRB) to merge with each other. These two financial institutions took the decision last Saturday and requested NRB to allow them to merge within Chaitra of this year.


Sources at Rastra bank have said that NRB is planning to allow these two institutions to undergo merger as soon as possible.
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