Kathmandu. Muktinath Bikas Bank has agreed to acquire Bank and Janaki Finance Company (Acquisition). The merger environment has been created in the Nepali banking after a long time.

Muktinath BikasBank has already signed a memorandum of understanding (MoU) to acquire Sindhu and Janaki.

Also, the trading of shares of the basic shareholders of these companies has also been stopped. The new bank will be named Muktinath {{} bank commercial bank by acquiring by acquiring {{}{{} by ac quiring two companies simultaneously.

Tara Manandhar will be the CEO of Muktinath Bikas Bank and Tara Manandhar will be the CEO of Muktinath Bikas Bank.The integrated transaction will start after the approval of the bank and the completion of the regulatory process of .