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<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Unveiling the monetary policy on Friday, Nepal Rastra Bank’s Governor Maha Prasad Adhikari shared that the banks and financial institutions opting for merger and acquisition would be provided with the facilities up to mid-January next year. </span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Earlier, the central bank had set the deadline for merger and acquisition up to mid-July. </span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Likewise, the monetary policy states that the transactions of banks and financial institutions opting for merger and acquisition will not be halted.</span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">The central bank had adopted a policy to encourage merger and acquisition of banks and financial institutions to increase their paid-up capital in order to increase their risk-bearing capacity. It has been giving tax concessions to the merging banks, cooling off period, investment in the priority sector and so on.</span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">In order to reduce the number of banks and financial institutions, NRB had issued regulations regarding merger of banks and financial institutions in 2068 BS. Since then, 241 banks and financial institutions have joined the merger / acquisition process, 177 licenses have been revoked and the number of BFIs has dropped to 64.</span></span></span></p>
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<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Unveiling the monetary policy on Friday, Nepal Rastra Bank’s Governor Maha Prasad Adhikari shared that the banks and financial institutions opting for merger and acquisition would be provided with the facilities up to mid-January next year. </span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Earlier, the central bank had set the deadline for merger and acquisition up to mid-July. </span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Likewise, the monetary policy states that the transactions of banks and financial institutions opting for merger and acquisition will not be halted.</span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">The central bank had adopted a policy to encourage merger and acquisition of banks and financial institutions to increase their paid-up capital in order to increase their risk-bearing capacity. It has been giving tax concessions to the merging banks, cooling off period, investment in the priority sector and so on.</span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">In order to reduce the number of banks and financial institutions, NRB had issued regulations regarding merger of banks and financial institutions in 2068 BS. Since then, 241 banks and financial institutions have joined the merger / acquisition process, 177 licenses have been revoked and the number of BFIs has dropped to 64.</span></span></span></p>
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Notice (8): Trying to access array offset on value of type null [APP/View/Articles/view.ctp, line 115]
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<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Unveiling the monetary policy on Friday, Nepal Rastra Bank’s Governor Maha Prasad Adhikari shared that the banks and financial institutions opting for merger and acquisition would be provided with the facilities up to mid-January next year. </span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Earlier, the central bank had set the deadline for merger and acquisition up to mid-July. </span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Likewise, the monetary policy states that the transactions of banks and financial institutions opting for merger and acquisition will not be halted.</span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">The central bank had adopted a policy to encourage merger and acquisition of banks and financial institutions to increase their paid-up capital in order to increase their risk-bearing capacity. It has been giving tax concessions to the merging banks, cooling off period, investment in the priority sector and so on.</span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">In order to reduce the number of banks and financial institutions, NRB had issued regulations regarding merger of banks and financial institutions in 2068 BS. Since then, 241 banks and financial institutions have joined the merger / acquisition process, 177 licenses have been revoked and the number of BFIs has dropped to 64.</span></span></span></p>
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<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Unveiling the monetary policy on Friday, Nepal Rastra Bank’s Governor Maha Prasad Adhikari shared that the banks and financial institutions opting for merger and acquisition would be provided with the facilities up to mid-January next year. </span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Earlier, the central bank had set the deadline for merger and acquisition up to mid-July. </span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Likewise, the monetary policy states that the transactions of banks and financial institutions opting for merger and acquisition will not be halted.</span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">The central bank had adopted a policy to encourage merger and acquisition of banks and financial institutions to increase their paid-up capital in order to increase their risk-bearing capacity. It has been giving tax concessions to the merging banks, cooling off period, investment in the priority sector and so on.</span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">In order to reduce the number of banks and financial institutions, NRB had issued regulations regarding merger of banks and financial institutions in 2068 BS. Since then, 241 banks and financial institutions have joined the merger / acquisition process, 177 licenses have been revoked and the number of BFIs has dropped to 64.</span></span></span></p>
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include - APP/View/Articles/view.ctp, line 115
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
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Notice (8): Trying to access array offset on value of type null [APP/View/Articles/view.ctp, line 116]
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<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Unveiling the monetary policy on Friday, Nepal Rastra Bank’s Governor Maha Prasad Adhikari shared that the banks and financial institutions opting for merger and acquisition would be provided with the facilities up to mid-January next year. </span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Earlier, the central bank had set the deadline for merger and acquisition up to mid-July. </span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Likewise, the monetary policy states that the transactions of banks and financial institutions opting for merger and acquisition will not be halted.</span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">The central bank had adopted a policy to encourage merger and acquisition of banks and financial institutions to increase their paid-up capital in order to increase their risk-bearing capacity. It has been giving tax concessions to the merging banks, cooling off period, investment in the priority sector and so on.</span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">In order to reduce the number of banks and financial institutions, NRB had issued regulations regarding merger of banks and financial institutions in 2068 BS. Since then, 241 banks and financial institutions have joined the merger / acquisition process, 177 licenses have been revoked and the number of BFIs has dropped to 64.</span></span></span></p>
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<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Unveiling the monetary policy on Friday, Nepal Rastra Bank’s Governor Maha Prasad Adhikari shared that the banks and financial institutions opting for merger and acquisition would be provided with the facilities up to mid-January next year. </span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Earlier, the central bank had set the deadline for merger and acquisition up to mid-July. </span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Likewise, the monetary policy states that the transactions of banks and financial institutions opting for merger and acquisition will not be halted.</span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">The central bank had adopted a policy to encourage merger and acquisition of banks and financial institutions to increase their paid-up capital in order to increase their risk-bearing capacity. It has been giving tax concessions to the merging banks, cooling off period, investment in the priority sector and so on.</span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">In order to reduce the number of banks and financial institutions, NRB had issued regulations regarding merger of banks and financial institutions in 2068 BS. Since then, 241 banks and financial institutions have joined the merger / acquisition process, 177 licenses have been revoked and the number of BFIs has dropped to 64.</span></span></span></p>
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<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Unveiling the monetary policy on Friday, Nepal Rastra Bank’s Governor Maha Prasad Adhikari shared that the banks and financial institutions opting for merger and acquisition would be provided with the facilities up to mid-January next year. </span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Earlier, the central bank had set the deadline for merger and acquisition up to mid-July. </span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Likewise, the monetary policy states that the transactions of banks and financial institutions opting for merger and acquisition will not be halted.</span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">The central bank had adopted a policy to encourage merger and acquisition of banks and financial institutions to increase their paid-up capital in order to increase their risk-bearing capacity. It has been giving tax concessions to the merging banks, cooling off period, investment in the priority sector and so on.</span></span></span></p>
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<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Unveiling the monetary policy on Friday, Nepal Rastra Bank’s Governor Maha Prasad Adhikari shared that the banks and financial institutions opting for merger and acquisition would be provided with the facilities up to mid-January next year. </span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Earlier, the central bank had set the deadline for merger and acquisition up to mid-July. </span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Likewise, the monetary policy states that the transactions of banks and financial institutions opting for merger and acquisition will not be halted.</span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">The central bank had adopted a policy to encourage merger and acquisition of banks and financial institutions to increase their paid-up capital in order to increase their risk-bearing capacity. It has been giving tax concessions to the merging banks, cooling off period, investment in the priority sector and so on.</span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">In order to reduce the number of banks and financial institutions, NRB had issued regulations regarding merger of banks and financial institutions in 2068 BS. Since then, 241 banks and financial institutions have joined the merger / acquisition process, 177 licenses have been revoked and the number of BFIs has dropped to 64.</span></span></span></p>
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July 24: The monetary policy for the current fiscal year has extended the timeframe for the merger and acquisition of banks and financial institutions.
Unveiling the monetary policy on Friday, Nepal Rastra Bank’s Governor Maha Prasad Adhikari shared that the banks and financial institutions opting for merger and acquisition would be provided with the facilities up to mid-January next year.
Earlier, the central bank had set the deadline for merger and acquisition up to mid-July.
Likewise, the monetary policy states that the transactions of banks and financial institutions opting for merger and acquisition will not be halted.
The central bank had adopted a policy to encourage merger and acquisition of banks and financial institutions to increase their paid-up capital in order to increase their risk-bearing capacity. It has been giving tax concessions to the merging banks, cooling off period, investment in the priority sector and so on.
In order to reduce the number of banks and financial institutions, NRB had issued regulations regarding merger of banks and financial institutions in 2068 BS. Since then, 241 banks and financial institutions have joined the merger / acquisition process, 177 licenses have been revoked and the number of BFIs has dropped to 64.
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<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Unveiling the monetary policy on Friday, Nepal Rastra Bank’s Governor Maha Prasad Adhikari shared that the banks and financial institutions opting for merger and acquisition would be provided with the facilities up to mid-January next year. </span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Earlier, the central bank had set the deadline for merger and acquisition up to mid-July. </span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Likewise, the monetary policy states that the transactions of banks and financial institutions opting for merger and acquisition will not be halted.</span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">The central bank had adopted a policy to encourage merger and acquisition of banks and financial institutions to increase their paid-up capital in order to increase their risk-bearing capacity. It has been giving tax concessions to the merging banks, cooling off period, investment in the priority sector and so on.</span></span></span></p>
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<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Unveiling the monetary policy on Friday, Nepal Rastra Bank’s Governor Maha Prasad Adhikari shared that the banks and financial institutions opting for merger and acquisition would be provided with the facilities up to mid-January next year. </span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Earlier, the central bank had set the deadline for merger and acquisition up to mid-July. </span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Likewise, the monetary policy states that the transactions of banks and financial institutions opting for merger and acquisition will not be halted.</span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">The central bank had adopted a policy to encourage merger and acquisition of banks and financial institutions to increase their paid-up capital in order to increase their risk-bearing capacity. It has been giving tax concessions to the merging banks, cooling off period, investment in the priority sector and so on.</span></span></span></p>
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Warning (2): simplexml_load_file() [<a href='http://php.net/function.simplexml-load-file'>function.simplexml-load-file</a>]: I/O warning : failed to load external entity "" [APP/View/Elements/side_bar.ctp, line 60]
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<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Unveiling the monetary policy on Friday, Nepal Rastra Bank’s Governor Maha Prasad Adhikari shared that the banks and financial institutions opting for merger and acquisition would be provided with the facilities up to mid-January next year. </span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Earlier, the central bank had set the deadline for merger and acquisition up to mid-July. </span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Likewise, the monetary policy states that the transactions of banks and financial institutions opting for merger and acquisition will not be halted.</span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">The central bank had adopted a policy to encourage merger and acquisition of banks and financial institutions to increase their paid-up capital in order to increase their risk-bearing capacity. It has been giving tax concessions to the merging banks, cooling off period, investment in the priority sector and so on.</span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">In order to reduce the number of banks and financial institutions, NRB had issued regulations regarding merger of banks and financial institutions in 2068 BS. Since then, 241 banks and financial institutions have joined the merger / acquisition process, 177 licenses have been revoked and the number of BFIs has dropped to 64.</span></span></span></p>
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<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Unveiling the monetary policy on Friday, Nepal Rastra Bank’s Governor Maha Prasad Adhikari shared that the banks and financial institutions opting for merger and acquisition would be provided with the facilities up to mid-January next year. </span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Earlier, the central bank had set the deadline for merger and acquisition up to mid-July. </span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Likewise, the monetary policy states that the transactions of banks and financial institutions opting for merger and acquisition will not be halted.</span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">The central bank had adopted a policy to encourage merger and acquisition of banks and financial institutions to increase their paid-up capital in order to increase their risk-bearing capacity. It has been giving tax concessions to the merging banks, cooling off period, investment in the priority sector and so on.</span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">In order to reduce the number of banks and financial institutions, NRB had issued regulations regarding merger of banks and financial institutions in 2068 BS. Since then, 241 banks and financial institutions have joined the merger / acquisition process, 177 licenses have been revoked and the number of BFIs has dropped to 64.</span></span></span></p>
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simplexml_load_file - [internal], line ??
include - APP/View/Elements/side_bar.ctp, line 60
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
include - APP/View/Articles/view.ctp, line 391
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
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Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
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[main] - APP/webroot/index.php, line 117
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<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Unveiling the monetary policy on Friday, Nepal Rastra Bank’s Governor Maha Prasad Adhikari shared that the banks and financial institutions opting for merger and acquisition would be provided with the facilities up to mid-January next year. </span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Earlier, the central bank had set the deadline for merger and acquisition up to mid-July. </span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Likewise, the monetary policy states that the transactions of banks and financial institutions opting for merger and acquisition will not be halted.</span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">The central bank had adopted a policy to encourage merger and acquisition of banks and financial institutions to increase their paid-up capital in order to increase their risk-bearing capacity. It has been giving tax concessions to the merging banks, cooling off period, investment in the priority sector and so on.</span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">In order to reduce the number of banks and financial institutions, NRB had issued regulations regarding merger of banks and financial institutions in 2068 BS. Since then, 241 banks and financial institutions have joined the merger / acquisition process, 177 licenses have been revoked and the number of BFIs has dropped to 64.</span></span></span></p>
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<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Unveiling the monetary policy on Friday, Nepal Rastra Bank’s Governor Maha Prasad Adhikari shared that the banks and financial institutions opting for merger and acquisition would be provided with the facilities up to mid-January next year. </span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Earlier, the central bank had set the deadline for merger and acquisition up to mid-July. </span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Likewise, the monetary policy states that the transactions of banks and financial institutions opting for merger and acquisition will not be halted.</span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">The central bank had adopted a policy to encourage merger and acquisition of banks and financial institutions to increase their paid-up capital in order to increase their risk-bearing capacity. It has been giving tax concessions to the merging banks, cooling off period, investment in the priority sector and so on.</span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">In order to reduce the number of banks and financial institutions, NRB had issued regulations regarding merger of banks and financial institutions in 2068 BS. Since then, 241 banks and financial institutions have joined the merger / acquisition process, 177 licenses have been revoked and the number of BFIs has dropped to 64.</span></span></span></p>
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View::_renderElement() - CORE/Cake/View/View.php, line 1224
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<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Unveiling the monetary policy on Friday, Nepal Rastra Bank’s Governor Maha Prasad Adhikari shared that the banks and financial institutions opting for merger and acquisition would be provided with the facilities up to mid-January next year. </span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Earlier, the central bank had set the deadline for merger and acquisition up to mid-July. </span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Likewise, the monetary policy states that the transactions of banks and financial institutions opting for merger and acquisition will not be halted.</span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">The central bank had adopted a policy to encourage merger and acquisition of banks and financial institutions to increase their paid-up capital in order to increase their risk-bearing capacity. It has been giving tax concessions to the merging banks, cooling off period, investment in the priority sector and so on.</span></span></span></p>
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<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Unveiling the monetary policy on Friday, Nepal Rastra Bank’s Governor Maha Prasad Adhikari shared that the banks and financial institutions opting for merger and acquisition would be provided with the facilities up to mid-January next year. </span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Earlier, the central bank had set the deadline for merger and acquisition up to mid-July. </span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Likewise, the monetary policy states that the transactions of banks and financial institutions opting for merger and acquisition will not be halted.</span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">The central bank had adopted a policy to encourage merger and acquisition of banks and financial institutions to increase their paid-up capital in order to increase their risk-bearing capacity. It has been giving tax concessions to the merging banks, cooling off period, investment in the priority sector and so on.</span></span></span></p>
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View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
include - APP/View/Articles/view.ctp, line 391
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
