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NRB mulls over taking action against HBL and NIBL for breaching merger norm
January 16, 2022 18:55 pm
KATHMANDU, Jan 16: Nepal Rastra Bank (NRB) is mulling over taking action against Himalayan Bank Limited (HBL) and Nepal Investment Bank Limited (NIBL), which have failed to conclude their merger plan despite signing officially an agreement for unification.
NIBL and HBL merger falls uncertain after majority of HBL’s shareholders vote against merger
January 15, 2022 17:45 pm
KATHMANDU, Jan 15: The much-hyped merger between Himalayan Bank Limited (HBL) and Nepal Investment Bank Limited (NIBL) has fallen uncertain after the majority of shareholders of HBL did not give consent to the bank’s prior plan.
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