$user = $this->Session->read('Auth.User');
//find the group of logged user
$groupId = $user['Group']['id'];
$viewFile = '/var/www/html/newbusinessage.com/app/View/Articles/view.ctp'
$dataForView = array(
'article' => array(
'Article' => array(
'id' => '17946',
'article_category_id' => '219',
'title' => 'Laxmi Bank and Sunrise Bank Sign Final Merger Agreement ',
'sub_title' => '',
'summary' => 'Two commercial banks-Laxmi Bank and Sunrise Bank limited- have reached a final agreement for a merger. Amidst a programme organized on Monday, the final agreement for the merger of the two banks was signed. ',
'content' => '<p> </p>
<p><span style="font-size:18px">May 23: Two commercial banks-Laxmi Bank and Sunrise Bank limited- have reached a final agreement for a merger. Amidst a programme organized on Monday, the final agreement for the merger of the two banks was signed. </span></p>
<p><span style="font-size:18px">Based on the due diligence report, both banks will merge in a 1:1 swap ratio. After the merger, the name of the merged entity will be Laxmi Sunrise Bank Limited.</span></p>
<p><span style="font-size:18px">Ajay Bikram Shah, the current Chief Executive Officer of Laxmi Bank, will become the CEO of the merged bank, while the first meeting of the Board of Directors will select the Chairman of the Board of Directors of the merged entity. </span></p>
<p><span style="font-size:18px">Once the merger is approved by the General Assemblies of both banks and accepted by the Nepal Rastra Bank and the Office of the Company Registrar, the joint operations will commence. The goal is to start integrated business operations within the month of Asar. </span></p>
<p><span style="font-size:18px">Prior to this, the Chairman of Laxmi Bank, Raman Nepal, and the Chairman of Sunrise Bank, Motilal Dugad, had signed the initial agreement for the merger on 25th Poush, 2079. </span></p>
<p><span style="font-size:18px">Dr. Manish Thapa and Swati Rungta represent Laxmi Bank, while Sharada Sharma and Deepak Nepal represent Sunrise Bank in the Joint Merger Committee. </span></p>
<p><br />
</p>
',
'published' => true,
'created' => '2023-05-23',
'modified' => '2023-05-23',
'keywords' => '',
'description' => '',
'sortorder' => '17677',
'image' => '20230523061856_collage (8).jpg',
'article_date' => '2023-05-23 06:16:47',
'homepage' => false,
'breaking_news' => false,
'main_news' => true,
'in_scroller' => false,
'user_id' => '42'
),
'ArticleCategory' => array(
'id' => '219',
'name' => 'Commercial Banks',
'parentOf' => '21',
'published' => true,
'registered' => '2018-11-17 00:00:00',
'sortorder' => '92',
'del_flag' => '0',
'homepage' => false,
'display_in_menu' => true,
'user_id' => '1',
'created' => '2018-11-16 00:00:00',
'modified' => '2018-11-22 12:27:23'
),
'User' => array(
'password' => '*****',
'id' => '42',
'user_detail_id' => '1',
'group_id' => '1',
'username' => 'karkiushak@gmail.com',
'name' => null,
'email' => 'karkiushak@gmail.com',
'address' => null,
'gender' => null,
'access' => '1',
'phone' => null,
'access_type' => null,
'activated' => true,
'sortorder' => null,
'published' => null,
'created' => '2022-12-08 15:31:54',
'last_login' => '2024-08-13 15:00:05',
'ip' => '172.68.250.137'
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
[maximum depth reached]
)
),
'Slider' => array()
),
'current_user' => null,
'logged_in' => false
)
$article = array(
'Article' => array(
'id' => '17946',
'article_category_id' => '219',
'title' => 'Laxmi Bank and Sunrise Bank Sign Final Merger Agreement ',
'sub_title' => '',
'summary' => 'Two commercial banks-Laxmi Bank and Sunrise Bank limited- have reached a final agreement for a merger. Amidst a programme organized on Monday, the final agreement for the merger of the two banks was signed. ',
'content' => '<p> </p>
<p><span style="font-size:18px">May 23: Two commercial banks-Laxmi Bank and Sunrise Bank limited- have reached a final agreement for a merger. Amidst a programme organized on Monday, the final agreement for the merger of the two banks was signed. </span></p>
<p><span style="font-size:18px">Based on the due diligence report, both banks will merge in a 1:1 swap ratio. After the merger, the name of the merged entity will be Laxmi Sunrise Bank Limited.</span></p>
<p><span style="font-size:18px">Ajay Bikram Shah, the current Chief Executive Officer of Laxmi Bank, will become the CEO of the merged bank, while the first meeting of the Board of Directors will select the Chairman of the Board of Directors of the merged entity. </span></p>
<p><span style="font-size:18px">Once the merger is approved by the General Assemblies of both banks and accepted by the Nepal Rastra Bank and the Office of the Company Registrar, the joint operations will commence. The goal is to start integrated business operations within the month of Asar. </span></p>
<p><span style="font-size:18px">Prior to this, the Chairman of Laxmi Bank, Raman Nepal, and the Chairman of Sunrise Bank, Motilal Dugad, had signed the initial agreement for the merger on 25th Poush, 2079. </span></p>
<p><span style="font-size:18px">Dr. Manish Thapa and Swati Rungta represent Laxmi Bank, while Sharada Sharma and Deepak Nepal represent Sunrise Bank in the Joint Merger Committee. </span></p>
<p><br />
</p>
',
'published' => true,
'created' => '2023-05-23',
'modified' => '2023-05-23',
'keywords' => '',
'description' => '',
'sortorder' => '17677',
'image' => '20230523061856_collage (8).jpg',
'article_date' => '2023-05-23 06:16:47',
'homepage' => false,
'breaking_news' => false,
'main_news' => true,
'in_scroller' => false,
'user_id' => '42'
),
'ArticleCategory' => array(
'id' => '219',
'name' => 'Commercial Banks',
'parentOf' => '21',
'published' => true,
'registered' => '2018-11-17 00:00:00',
'sortorder' => '92',
'del_flag' => '0',
'homepage' => false,
'display_in_menu' => true,
'user_id' => '1',
'created' => '2018-11-16 00:00:00',
'modified' => '2018-11-22 12:27:23'
),
'User' => array(
'password' => '*****',
'id' => '42',
'user_detail_id' => '1',
'group_id' => '1',
'username' => 'karkiushak@gmail.com',
'name' => null,
'email' => 'karkiushak@gmail.com',
'address' => null,
'gender' => null,
'access' => '1',
'phone' => null,
'access_type' => null,
'activated' => true,
'sortorder' => null,
'published' => null,
'created' => '2022-12-08 15:31:54',
'last_login' => '2024-08-13 15:00:05',
'ip' => '172.68.250.137'
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
'article_id' => '17946',
'hit' => '1008'
)
),
'Slider' => array()
)
$current_user = null
$logged_in = false
$image = 'https://old.newbusinessage.com/app/webroot/img/news/20230523061856_collage (8).jpg'
$user = null
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
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
Notice (8): Trying to access array offset on value of type null [APP/View/Articles/view.ctp, line 115]
$user = $this->Session->read('Auth.User');
//find the group of logged user
$groupId = $user['Group']['id'];
$viewFile = '/var/www/html/newbusinessage.com/app/View/Articles/view.ctp'
$dataForView = array(
'article' => array(
'Article' => array(
'id' => '17946',
'article_category_id' => '219',
'title' => 'Laxmi Bank and Sunrise Bank Sign Final Merger Agreement ',
'sub_title' => '',
'summary' => 'Two commercial banks-Laxmi Bank and Sunrise Bank limited- have reached a final agreement for a merger. Amidst a programme organized on Monday, the final agreement for the merger of the two banks was signed. ',
'content' => '<p> </p>
<p><span style="font-size:18px">May 23: Two commercial banks-Laxmi Bank and Sunrise Bank limited- have reached a final agreement for a merger. Amidst a programme organized on Monday, the final agreement for the merger of the two banks was signed. </span></p>
<p><span style="font-size:18px">Based on the due diligence report, both banks will merge in a 1:1 swap ratio. After the merger, the name of the merged entity will be Laxmi Sunrise Bank Limited.</span></p>
<p><span style="font-size:18px">Ajay Bikram Shah, the current Chief Executive Officer of Laxmi Bank, will become the CEO of the merged bank, while the first meeting of the Board of Directors will select the Chairman of the Board of Directors of the merged entity. </span></p>
<p><span style="font-size:18px">Once the merger is approved by the General Assemblies of both banks and accepted by the Nepal Rastra Bank and the Office of the Company Registrar, the joint operations will commence. The goal is to start integrated business operations within the month of Asar. </span></p>
<p><span style="font-size:18px">Prior to this, the Chairman of Laxmi Bank, Raman Nepal, and the Chairman of Sunrise Bank, Motilal Dugad, had signed the initial agreement for the merger on 25th Poush, 2079. </span></p>
<p><span style="font-size:18px">Dr. Manish Thapa and Swati Rungta represent Laxmi Bank, while Sharada Sharma and Deepak Nepal represent Sunrise Bank in the Joint Merger Committee. </span></p>
<p><br />
</p>
',
'published' => true,
'created' => '2023-05-23',
'modified' => '2023-05-23',
'keywords' => '',
'description' => '',
'sortorder' => '17677',
'image' => '20230523061856_collage (8).jpg',
'article_date' => '2023-05-23 06:16:47',
'homepage' => false,
'breaking_news' => false,
'main_news' => true,
'in_scroller' => false,
'user_id' => '42'
),
'ArticleCategory' => array(
'id' => '219',
'name' => 'Commercial Banks',
'parentOf' => '21',
'published' => true,
'registered' => '2018-11-17 00:00:00',
'sortorder' => '92',
'del_flag' => '0',
'homepage' => false,
'display_in_menu' => true,
'user_id' => '1',
'created' => '2018-11-16 00:00:00',
'modified' => '2018-11-22 12:27:23'
),
'User' => array(
'password' => '*****',
'id' => '42',
'user_detail_id' => '1',
'group_id' => '1',
'username' => 'karkiushak@gmail.com',
'name' => null,
'email' => 'karkiushak@gmail.com',
'address' => null,
'gender' => null,
'access' => '1',
'phone' => null,
'access_type' => null,
'activated' => true,
'sortorder' => null,
'published' => null,
'created' => '2022-12-08 15:31:54',
'last_login' => '2024-08-13 15:00:05',
'ip' => '172.68.250.137'
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
[maximum depth reached]
)
),
'Slider' => array()
),
'current_user' => null,
'logged_in' => false
)
$article = array(
'Article' => array(
'id' => '17946',
'article_category_id' => '219',
'title' => 'Laxmi Bank and Sunrise Bank Sign Final Merger Agreement ',
'sub_title' => '',
'summary' => 'Two commercial banks-Laxmi Bank and Sunrise Bank limited- have reached a final agreement for a merger. Amidst a programme organized on Monday, the final agreement for the merger of the two banks was signed. ',
'content' => '<p> </p>
<p><span style="font-size:18px">May 23: Two commercial banks-Laxmi Bank and Sunrise Bank limited- have reached a final agreement for a merger. Amidst a programme organized on Monday, the final agreement for the merger of the two banks was signed. </span></p>
<p><span style="font-size:18px">Based on the due diligence report, both banks will merge in a 1:1 swap ratio. After the merger, the name of the merged entity will be Laxmi Sunrise Bank Limited.</span></p>
<p><span style="font-size:18px">Ajay Bikram Shah, the current Chief Executive Officer of Laxmi Bank, will become the CEO of the merged bank, while the first meeting of the Board of Directors will select the Chairman of the Board of Directors of the merged entity. </span></p>
<p><span style="font-size:18px">Once the merger is approved by the General Assemblies of both banks and accepted by the Nepal Rastra Bank and the Office of the Company Registrar, the joint operations will commence. The goal is to start integrated business operations within the month of Asar. </span></p>
<p><span style="font-size:18px">Prior to this, the Chairman of Laxmi Bank, Raman Nepal, and the Chairman of Sunrise Bank, Motilal Dugad, had signed the initial agreement for the merger on 25th Poush, 2079. </span></p>
<p><span style="font-size:18px">Dr. Manish Thapa and Swati Rungta represent Laxmi Bank, while Sharada Sharma and Deepak Nepal represent Sunrise Bank in the Joint Merger Committee. </span></p>
<p><br />
</p>
',
'published' => true,
'created' => '2023-05-23',
'modified' => '2023-05-23',
'keywords' => '',
'description' => '',
'sortorder' => '17677',
'image' => '20230523061856_collage (8).jpg',
'article_date' => '2023-05-23 06:16:47',
'homepage' => false,
'breaking_news' => false,
'main_news' => true,
'in_scroller' => false,
'user_id' => '42'
),
'ArticleCategory' => array(
'id' => '219',
'name' => 'Commercial Banks',
'parentOf' => '21',
'published' => true,
'registered' => '2018-11-17 00:00:00',
'sortorder' => '92',
'del_flag' => '0',
'homepage' => false,
'display_in_menu' => true,
'user_id' => '1',
'created' => '2018-11-16 00:00:00',
'modified' => '2018-11-22 12:27:23'
),
'User' => array(
'password' => '*****',
'id' => '42',
'user_detail_id' => '1',
'group_id' => '1',
'username' => 'karkiushak@gmail.com',
'name' => null,
'email' => 'karkiushak@gmail.com',
'address' => null,
'gender' => null,
'access' => '1',
'phone' => null,
'access_type' => null,
'activated' => true,
'sortorder' => null,
'published' => null,
'created' => '2022-12-08 15:31:54',
'last_login' => '2024-08-13 15:00:05',
'ip' => '172.68.250.137'
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
'article_id' => '17946',
'hit' => '1008'
)
),
'Slider' => array()
)
$current_user = null
$logged_in = false
$image = 'https://old.newbusinessage.com/app/webroot/img/news/20230523061856_collage (8).jpg'
$user = null
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
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
Notice (8): Trying to access array offset on value of type null [APP/View/Articles/view.ctp, line 116]
//find the group of logged user
$groupId = $user['Group']['id'];
$user_id=$user["id"];
$viewFile = '/var/www/html/newbusinessage.com/app/View/Articles/view.ctp'
$dataForView = array(
'article' => array(
'Article' => array(
'id' => '17946',
'article_category_id' => '219',
'title' => 'Laxmi Bank and Sunrise Bank Sign Final Merger Agreement ',
'sub_title' => '',
'summary' => 'Two commercial banks-Laxmi Bank and Sunrise Bank limited- have reached a final agreement for a merger. Amidst a programme organized on Monday, the final agreement for the merger of the two banks was signed. ',
'content' => '<p> </p>
<p><span style="font-size:18px">May 23: Two commercial banks-Laxmi Bank and Sunrise Bank limited- have reached a final agreement for a merger. Amidst a programme organized on Monday, the final agreement for the merger of the two banks was signed. </span></p>
<p><span style="font-size:18px">Based on the due diligence report, both banks will merge in a 1:1 swap ratio. After the merger, the name of the merged entity will be Laxmi Sunrise Bank Limited.</span></p>
<p><span style="font-size:18px">Ajay Bikram Shah, the current Chief Executive Officer of Laxmi Bank, will become the CEO of the merged bank, while the first meeting of the Board of Directors will select the Chairman of the Board of Directors of the merged entity. </span></p>
<p><span style="font-size:18px">Once the merger is approved by the General Assemblies of both banks and accepted by the Nepal Rastra Bank and the Office of the Company Registrar, the joint operations will commence. The goal is to start integrated business operations within the month of Asar. </span></p>
<p><span style="font-size:18px">Prior to this, the Chairman of Laxmi Bank, Raman Nepal, and the Chairman of Sunrise Bank, Motilal Dugad, had signed the initial agreement for the merger on 25th Poush, 2079. </span></p>
<p><span style="font-size:18px">Dr. Manish Thapa and Swati Rungta represent Laxmi Bank, while Sharada Sharma and Deepak Nepal represent Sunrise Bank in the Joint Merger Committee. </span></p>
<p><br />
</p>
',
'published' => true,
'created' => '2023-05-23',
'modified' => '2023-05-23',
'keywords' => '',
'description' => '',
'sortorder' => '17677',
'image' => '20230523061856_collage (8).jpg',
'article_date' => '2023-05-23 06:16:47',
'homepage' => false,
'breaking_news' => false,
'main_news' => true,
'in_scroller' => false,
'user_id' => '42'
),
'ArticleCategory' => array(
'id' => '219',
'name' => 'Commercial Banks',
'parentOf' => '21',
'published' => true,
'registered' => '2018-11-17 00:00:00',
'sortorder' => '92',
'del_flag' => '0',
'homepage' => false,
'display_in_menu' => true,
'user_id' => '1',
'created' => '2018-11-16 00:00:00',
'modified' => '2018-11-22 12:27:23'
),
'User' => array(
'password' => '*****',
'id' => '42',
'user_detail_id' => '1',
'group_id' => '1',
'username' => 'karkiushak@gmail.com',
'name' => null,
'email' => 'karkiushak@gmail.com',
'address' => null,
'gender' => null,
'access' => '1',
'phone' => null,
'access_type' => null,
'activated' => true,
'sortorder' => null,
'published' => null,
'created' => '2022-12-08 15:31:54',
'last_login' => '2024-08-13 15:00:05',
'ip' => '172.68.250.137'
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
[maximum depth reached]
)
),
'Slider' => array()
),
'current_user' => null,
'logged_in' => false
)
$article = array(
'Article' => array(
'id' => '17946',
'article_category_id' => '219',
'title' => 'Laxmi Bank and Sunrise Bank Sign Final Merger Agreement ',
'sub_title' => '',
'summary' => 'Two commercial banks-Laxmi Bank and Sunrise Bank limited- have reached a final agreement for a merger. Amidst a programme organized on Monday, the final agreement for the merger of the two banks was signed. ',
'content' => '<p> </p>
<p><span style="font-size:18px">May 23: Two commercial banks-Laxmi Bank and Sunrise Bank limited- have reached a final agreement for a merger. Amidst a programme organized on Monday, the final agreement for the merger of the two banks was signed. </span></p>
<p><span style="font-size:18px">Based on the due diligence report, both banks will merge in a 1:1 swap ratio. After the merger, the name of the merged entity will be Laxmi Sunrise Bank Limited.</span></p>
<p><span style="font-size:18px">Ajay Bikram Shah, the current Chief Executive Officer of Laxmi Bank, will become the CEO of the merged bank, while the first meeting of the Board of Directors will select the Chairman of the Board of Directors of the merged entity. </span></p>
<p><span style="font-size:18px">Once the merger is approved by the General Assemblies of both banks and accepted by the Nepal Rastra Bank and the Office of the Company Registrar, the joint operations will commence. The goal is to start integrated business operations within the month of Asar. </span></p>
<p><span style="font-size:18px">Prior to this, the Chairman of Laxmi Bank, Raman Nepal, and the Chairman of Sunrise Bank, Motilal Dugad, had signed the initial agreement for the merger on 25th Poush, 2079. </span></p>
<p><span style="font-size:18px">Dr. Manish Thapa and Swati Rungta represent Laxmi Bank, while Sharada Sharma and Deepak Nepal represent Sunrise Bank in the Joint Merger Committee. </span></p>
<p><br />
</p>
',
'published' => true,
'created' => '2023-05-23',
'modified' => '2023-05-23',
'keywords' => '',
'description' => '',
'sortorder' => '17677',
'image' => '20230523061856_collage (8).jpg',
'article_date' => '2023-05-23 06:16:47',
'homepage' => false,
'breaking_news' => false,
'main_news' => true,
'in_scroller' => false,
'user_id' => '42'
),
'ArticleCategory' => array(
'id' => '219',
'name' => 'Commercial Banks',
'parentOf' => '21',
'published' => true,
'registered' => '2018-11-17 00:00:00',
'sortorder' => '92',
'del_flag' => '0',
'homepage' => false,
'display_in_menu' => true,
'user_id' => '1',
'created' => '2018-11-16 00:00:00',
'modified' => '2018-11-22 12:27:23'
),
'User' => array(
'password' => '*****',
'id' => '42',
'user_detail_id' => '1',
'group_id' => '1',
'username' => 'karkiushak@gmail.com',
'name' => null,
'email' => 'karkiushak@gmail.com',
'address' => null,
'gender' => null,
'access' => '1',
'phone' => null,
'access_type' => null,
'activated' => true,
'sortorder' => null,
'published' => null,
'created' => '2022-12-08 15:31:54',
'last_login' => '2024-08-13 15:00:05',
'ip' => '172.68.250.137'
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
'article_id' => '17946',
'hit' => '1008'
)
),
'Slider' => array()
)
$current_user = null
$logged_in = false
$image = 'https://old.newbusinessage.com/app/webroot/img/news/20230523061856_collage (8).jpg'
$user = null
$groupId = null
include - APP/View/Articles/view.ctp, line 116
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
$viewFile = '/var/www/html/newbusinessage.com/app/View/Articles/view.ctp'
$dataForView = array(
'article' => array(
'Article' => array(
'id' => '17946',
'article_category_id' => '219',
'title' => 'Laxmi Bank and Sunrise Bank Sign Final Merger Agreement ',
'sub_title' => '',
'summary' => 'Two commercial banks-Laxmi Bank and Sunrise Bank limited- have reached a final agreement for a merger. Amidst a programme organized on Monday, the final agreement for the merger of the two banks was signed. ',
'content' => '<p> </p>
<p><span style="font-size:18px">May 23: Two commercial banks-Laxmi Bank and Sunrise Bank limited- have reached a final agreement for a merger. Amidst a programme organized on Monday, the final agreement for the merger of the two banks was signed. </span></p>
<p><span style="font-size:18px">Based on the due diligence report, both banks will merge in a 1:1 swap ratio. After the merger, the name of the merged entity will be Laxmi Sunrise Bank Limited.</span></p>
<p><span style="font-size:18px">Ajay Bikram Shah, the current Chief Executive Officer of Laxmi Bank, will become the CEO of the merged bank, while the first meeting of the Board of Directors will select the Chairman of the Board of Directors of the merged entity. </span></p>
<p><span style="font-size:18px">Once the merger is approved by the General Assemblies of both banks and accepted by the Nepal Rastra Bank and the Office of the Company Registrar, the joint operations will commence. The goal is to start integrated business operations within the month of Asar. </span></p>
<p><span style="font-size:18px">Prior to this, the Chairman of Laxmi Bank, Raman Nepal, and the Chairman of Sunrise Bank, Motilal Dugad, had signed the initial agreement for the merger on 25th Poush, 2079. </span></p>
<p><span style="font-size:18px">Dr. Manish Thapa and Swati Rungta represent Laxmi Bank, while Sharada Sharma and Deepak Nepal represent Sunrise Bank in the Joint Merger Committee. </span></p>
<p><br />
</p>
',
'published' => true,
'created' => '2023-05-23',
'modified' => '2023-05-23',
'keywords' => '',
'description' => '',
'sortorder' => '17677',
'image' => '20230523061856_collage (8).jpg',
'article_date' => '2023-05-23 06:16:47',
'homepage' => false,
'breaking_news' => false,
'main_news' => true,
'in_scroller' => false,
'user_id' => '42'
),
'ArticleCategory' => array(
'id' => '219',
'name' => 'Commercial Banks',
'parentOf' => '21',
'published' => true,
'registered' => '2018-11-17 00:00:00',
'sortorder' => '92',
'del_flag' => '0',
'homepage' => false,
'display_in_menu' => true,
'user_id' => '1',
'created' => '2018-11-16 00:00:00',
'modified' => '2018-11-22 12:27:23'
),
'User' => array(
'password' => '*****',
'id' => '42',
'user_detail_id' => '1',
'group_id' => '1',
'username' => 'karkiushak@gmail.com',
'name' => null,
'email' => 'karkiushak@gmail.com',
'address' => null,
'gender' => null,
'access' => '1',
'phone' => null,
'access_type' => null,
'activated' => true,
'sortorder' => null,
'published' => null,
'created' => '2022-12-08 15:31:54',
'last_login' => '2024-08-13 15:00:05',
'ip' => '172.68.250.137'
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
[maximum depth reached]
)
),
'Slider' => array()
),
'current_user' => null,
'logged_in' => false
)
$article = array(
'Article' => array(
'id' => '17946',
'article_category_id' => '219',
'title' => 'Laxmi Bank and Sunrise Bank Sign Final Merger Agreement ',
'sub_title' => '',
'summary' => 'Two commercial banks-Laxmi Bank and Sunrise Bank limited- have reached a final agreement for a merger. Amidst a programme organized on Monday, the final agreement for the merger of the two banks was signed. ',
'content' => '<p> </p>
<p><span style="font-size:18px">May 23: Two commercial banks-Laxmi Bank and Sunrise Bank limited- have reached a final agreement for a merger. Amidst a programme organized on Monday, the final agreement for the merger of the two banks was signed. </span></p>
<p><span style="font-size:18px">Based on the due diligence report, both banks will merge in a 1:1 swap ratio. After the merger, the name of the merged entity will be Laxmi Sunrise Bank Limited.</span></p>
<p><span style="font-size:18px">Ajay Bikram Shah, the current Chief Executive Officer of Laxmi Bank, will become the CEO of the merged bank, while the first meeting of the Board of Directors will select the Chairman of the Board of Directors of the merged entity. </span></p>
<p><span style="font-size:18px">Once the merger is approved by the General Assemblies of both banks and accepted by the Nepal Rastra Bank and the Office of the Company Registrar, the joint operations will commence. The goal is to start integrated business operations within the month of Asar. </span></p>
<p><span style="font-size:18px">Prior to this, the Chairman of Laxmi Bank, Raman Nepal, and the Chairman of Sunrise Bank, Motilal Dugad, had signed the initial agreement for the merger on 25th Poush, 2079. </span></p>
<p><span style="font-size:18px">Dr. Manish Thapa and Swati Rungta represent Laxmi Bank, while Sharada Sharma and Deepak Nepal represent Sunrise Bank in the Joint Merger Committee. </span></p>
<p><br />
</p>
',
'published' => true,
'created' => '2023-05-23',
'modified' => '2023-05-23',
'keywords' => '',
'description' => '',
'sortorder' => '17677',
'image' => '20230523061856_collage (8).jpg',
'article_date' => '2023-05-23 06:16:47',
'homepage' => false,
'breaking_news' => false,
'main_news' => true,
'in_scroller' => false,
'user_id' => '42'
),
'ArticleCategory' => array(
'id' => '219',
'name' => 'Commercial Banks',
'parentOf' => '21',
'published' => true,
'registered' => '2018-11-17 00:00:00',
'sortorder' => '92',
'del_flag' => '0',
'homepage' => false,
'display_in_menu' => true,
'user_id' => '1',
'created' => '2018-11-16 00:00:00',
'modified' => '2018-11-22 12:27:23'
),
'User' => array(
'password' => '*****',
'id' => '42',
'user_detail_id' => '1',
'group_id' => '1',
'username' => 'karkiushak@gmail.com',
'name' => null,
'email' => 'karkiushak@gmail.com',
'address' => null,
'gender' => null,
'access' => '1',
'phone' => null,
'access_type' => null,
'activated' => true,
'sortorder' => null,
'published' => null,
'created' => '2022-12-08 15:31:54',
'last_login' => '2024-08-13 15:00:05',
'ip' => '172.68.250.137'
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
'article_id' => '17946',
'hit' => '1008'
)
),
'Slider' => array()
)
$current_user = null
$logged_in = false
$image = 'https://old.newbusinessage.com/app/webroot/img/news/20230523061856_collage (8).jpg'
$user = null
$groupId = null
$user_id = null
$date = '2023-05-23 06:16:47'
$dateFromDatabase = (int) 1684801907
$newDate = 'May 23, 2023'
$articleView = array(
'article_id' => '17946',
'hit' => '1008'
)
$word_count = (int) 255
$time_to_read = (float) 1.28
$time_to_read_min = (float) 1
$time_to_read_second = (float) 17
include - APP/View/Articles/view.ctp, line 241
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
May 23: Two commercial banks-Laxmi Bank and Sunrise Bank limited- have reached a final agreement for a merger. Amidst a programme organized on Monday, the final agreement for the merger of the two banks was signed.
Based on the due diligence report, both banks will merge in a 1:1 swap ratio. After the merger, the name of the merged entity will be Laxmi Sunrise Bank Limited.
Ajay Bikram Shah, the current Chief Executive Officer of Laxmi Bank, will become the CEO of the merged bank, while the first meeting of the Board of Directors will select the Chairman of the Board of Directors of the merged entity.
Once the merger is approved by the General Assemblies of both banks and accepted by the Nepal Rastra Bank and the Office of the Company Registrar, the joint operations will commence. The goal is to start integrated business operations within the month of Asar.
Prior to this, the Chairman of Laxmi Bank, Raman Nepal, and the Chairman of Sunrise Bank, Motilal Dugad, had signed the initial agreement for the merger on 25th Poush, 2079.
Dr. Manish Thapa and Swati Rungta represent Laxmi Bank, while Sharada Sharma and Deepak Nepal represent Sunrise Bank in the Joint Merger Committee.
FormHelper::create() - CORE/Cake/View/Helper/FormHelper.php, line 383
include - APP/View/Articles/view.ctp, line 273
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
$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp'
$dataForView = array(
'article' => array(
'Article' => array(
'id' => '17946',
'article_category_id' => '219',
'title' => 'Laxmi Bank and Sunrise Bank Sign Final Merger Agreement ',
'sub_title' => '',
'summary' => 'Two commercial banks-Laxmi Bank and Sunrise Bank limited- have reached a final agreement for a merger. Amidst a programme organized on Monday, the final agreement for the merger of the two banks was signed. ',
'content' => '<p> </p>
<p><span style="font-size:18px">May 23: Two commercial banks-Laxmi Bank and Sunrise Bank limited- have reached a final agreement for a merger. Amidst a programme organized on Monday, the final agreement for the merger of the two banks was signed. </span></p>
<p><span style="font-size:18px">Based on the due diligence report, both banks will merge in a 1:1 swap ratio. After the merger, the name of the merged entity will be Laxmi Sunrise Bank Limited.</span></p>
<p><span style="font-size:18px">Ajay Bikram Shah, the current Chief Executive Officer of Laxmi Bank, will become the CEO of the merged bank, while the first meeting of the Board of Directors will select the Chairman of the Board of Directors of the merged entity. </span></p>
<p><span style="font-size:18px">Once the merger is approved by the General Assemblies of both banks and accepted by the Nepal Rastra Bank and the Office of the Company Registrar, the joint operations will commence. The goal is to start integrated business operations within the month of Asar. </span></p>
<p><span style="font-size:18px">Prior to this, the Chairman of Laxmi Bank, Raman Nepal, and the Chairman of Sunrise Bank, Motilal Dugad, had signed the initial agreement for the merger on 25th Poush, 2079. </span></p>
<p><span style="font-size:18px">Dr. Manish Thapa and Swati Rungta represent Laxmi Bank, while Sharada Sharma and Deepak Nepal represent Sunrise Bank in the Joint Merger Committee. </span></p>
<p><br />
</p>
',
'published' => true,
'created' => '2023-05-23',
'modified' => '2023-05-23',
'keywords' => '',
'description' => '',
'sortorder' => '17677',
'image' => '20230523061856_collage (8).jpg',
'article_date' => '2023-05-23 06:16:47',
'homepage' => false,
'breaking_news' => false,
'main_news' => true,
'in_scroller' => false,
'user_id' => '42'
),
'ArticleCategory' => array(
'id' => '219',
'name' => 'Commercial Banks',
'parentOf' => '21',
'published' => true,
'registered' => '2018-11-17 00:00:00',
'sortorder' => '92',
'del_flag' => '0',
'homepage' => false,
'display_in_menu' => true,
'user_id' => '1',
'created' => '2018-11-16 00:00:00',
'modified' => '2018-11-22 12:27:23'
),
'User' => array(
'password' => '*****',
'id' => '42',
'user_detail_id' => '1',
'group_id' => '1',
'username' => 'karkiushak@gmail.com',
'name' => null,
'email' => 'karkiushak@gmail.com',
'address' => null,
'gender' => null,
'access' => '1',
'phone' => null,
'access_type' => null,
'activated' => true,
'sortorder' => null,
'published' => null,
'created' => '2022-12-08 15:31:54',
'last_login' => '2024-08-13 15:00:05',
'ip' => '172.68.250.137'
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
[maximum depth reached]
)
),
'Slider' => array()
),
'current_user' => null,
'logged_in' => false
)
$article = array(
'Article' => array(
'id' => '17946',
'article_category_id' => '219',
'title' => 'Laxmi Bank and Sunrise Bank Sign Final Merger Agreement ',
'sub_title' => '',
'summary' => 'Two commercial banks-Laxmi Bank and Sunrise Bank limited- have reached a final agreement for a merger. Amidst a programme organized on Monday, the final agreement for the merger of the two banks was signed. ',
'content' => '<p> </p>
<p><span style="font-size:18px">May 23: Two commercial banks-Laxmi Bank and Sunrise Bank limited- have reached a final agreement for a merger. Amidst a programme organized on Monday, the final agreement for the merger of the two banks was signed. </span></p>
<p><span style="font-size:18px">Based on the due diligence report, both banks will merge in a 1:1 swap ratio. After the merger, the name of the merged entity will be Laxmi Sunrise Bank Limited.</span></p>
<p><span style="font-size:18px">Ajay Bikram Shah, the current Chief Executive Officer of Laxmi Bank, will become the CEO of the merged bank, while the first meeting of the Board of Directors will select the Chairman of the Board of Directors of the merged entity. </span></p>
<p><span style="font-size:18px">Once the merger is approved by the General Assemblies of both banks and accepted by the Nepal Rastra Bank and the Office of the Company Registrar, the joint operations will commence. The goal is to start integrated business operations within the month of Asar. </span></p>
<p><span style="font-size:18px">Prior to this, the Chairman of Laxmi Bank, Raman Nepal, and the Chairman of Sunrise Bank, Motilal Dugad, had signed the initial agreement for the merger on 25th Poush, 2079. </span></p>
<p><span style="font-size:18px">Dr. Manish Thapa and Swati Rungta represent Laxmi Bank, while Sharada Sharma and Deepak Nepal represent Sunrise Bank in the Joint Merger Committee. </span></p>
<p><br />
</p>
',
'published' => true,
'created' => '2023-05-23',
'modified' => '2023-05-23',
'keywords' => '',
'description' => '',
'sortorder' => '17677',
'image' => '20230523061856_collage (8).jpg',
'article_date' => '2023-05-23 06:16:47',
'homepage' => false,
'breaking_news' => false,
'main_news' => true,
'in_scroller' => false,
'user_id' => '42'
),
'ArticleCategory' => array(
'id' => '219',
'name' => 'Commercial Banks',
'parentOf' => '21',
'published' => true,
'registered' => '2018-11-17 00:00:00',
'sortorder' => '92',
'del_flag' => '0',
'homepage' => false,
'display_in_menu' => true,
'user_id' => '1',
'created' => '2018-11-16 00:00:00',
'modified' => '2018-11-22 12:27:23'
),
'User' => array(
'password' => '*****',
'id' => '42',
'user_detail_id' => '1',
'group_id' => '1',
'username' => 'karkiushak@gmail.com',
'name' => null,
'email' => 'karkiushak@gmail.com',
'address' => null,
'gender' => null,
'access' => '1',
'phone' => null,
'access_type' => null,
'activated' => true,
'sortorder' => null,
'published' => null,
'created' => '2022-12-08 15:31:54',
'last_login' => '2024-08-13 15:00:05',
'ip' => '172.68.250.137'
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
'article_id' => '17946',
'hit' => '1008'
)
),
'Slider' => array()
)
$current_user = null
$logged_in = false
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
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
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]
$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp'
$dataForView = array(
'article' => array(
'Article' => array(
'id' => '17946',
'article_category_id' => '219',
'title' => 'Laxmi Bank and Sunrise Bank Sign Final Merger Agreement ',
'sub_title' => '',
'summary' => 'Two commercial banks-Laxmi Bank and Sunrise Bank limited- have reached a final agreement for a merger. Amidst a programme organized on Monday, the final agreement for the merger of the two banks was signed. ',
'content' => '<p> </p>
<p><span style="font-size:18px">May 23: Two commercial banks-Laxmi Bank and Sunrise Bank limited- have reached a final agreement for a merger. Amidst a programme organized on Monday, the final agreement for the merger of the two banks was signed. </span></p>
<p><span style="font-size:18px">Based on the due diligence report, both banks will merge in a 1:1 swap ratio. After the merger, the name of the merged entity will be Laxmi Sunrise Bank Limited.</span></p>
<p><span style="font-size:18px">Ajay Bikram Shah, the current Chief Executive Officer of Laxmi Bank, will become the CEO of the merged bank, while the first meeting of the Board of Directors will select the Chairman of the Board of Directors of the merged entity. </span></p>
<p><span style="font-size:18px">Once the merger is approved by the General Assemblies of both banks and accepted by the Nepal Rastra Bank and the Office of the Company Registrar, the joint operations will commence. The goal is to start integrated business operations within the month of Asar. </span></p>
<p><span style="font-size:18px">Prior to this, the Chairman of Laxmi Bank, Raman Nepal, and the Chairman of Sunrise Bank, Motilal Dugad, had signed the initial agreement for the merger on 25th Poush, 2079. </span></p>
<p><span style="font-size:18px">Dr. Manish Thapa and Swati Rungta represent Laxmi Bank, while Sharada Sharma and Deepak Nepal represent Sunrise Bank in the Joint Merger Committee. </span></p>
<p><br />
</p>
',
'published' => true,
'created' => '2023-05-23',
'modified' => '2023-05-23',
'keywords' => '',
'description' => '',
'sortorder' => '17677',
'image' => '20230523061856_collage (8).jpg',
'article_date' => '2023-05-23 06:16:47',
'homepage' => false,
'breaking_news' => false,
'main_news' => true,
'in_scroller' => false,
'user_id' => '42'
),
'ArticleCategory' => array(
'id' => '219',
'name' => 'Commercial Banks',
'parentOf' => '21',
'published' => true,
'registered' => '2018-11-17 00:00:00',
'sortorder' => '92',
'del_flag' => '0',
'homepage' => false,
'display_in_menu' => true,
'user_id' => '1',
'created' => '2018-11-16 00:00:00',
'modified' => '2018-11-22 12:27:23'
),
'User' => array(
'password' => '*****',
'id' => '42',
'user_detail_id' => '1',
'group_id' => '1',
'username' => 'karkiushak@gmail.com',
'name' => null,
'email' => 'karkiushak@gmail.com',
'address' => null,
'gender' => null,
'access' => '1',
'phone' => null,
'access_type' => null,
'activated' => true,
'sortorder' => null,
'published' => null,
'created' => '2022-12-08 15:31:54',
'last_login' => '2024-08-13 15:00:05',
'ip' => '172.68.250.137'
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
[maximum depth reached]
)
),
'Slider' => array()
),
'current_user' => null,
'logged_in' => false
)
$article = array(
'Article' => array(
'id' => '17946',
'article_category_id' => '219',
'title' => 'Laxmi Bank and Sunrise Bank Sign Final Merger Agreement ',
'sub_title' => '',
'summary' => 'Two commercial banks-Laxmi Bank and Sunrise Bank limited- have reached a final agreement for a merger. Amidst a programme organized on Monday, the final agreement for the merger of the two banks was signed. ',
'content' => '<p> </p>
<p><span style="font-size:18px">May 23: Two commercial banks-Laxmi Bank and Sunrise Bank limited- have reached a final agreement for a merger. Amidst a programme organized on Monday, the final agreement for the merger of the two banks was signed. </span></p>
<p><span style="font-size:18px">Based on the due diligence report, both banks will merge in a 1:1 swap ratio. After the merger, the name of the merged entity will be Laxmi Sunrise Bank Limited.</span></p>
<p><span style="font-size:18px">Ajay Bikram Shah, the current Chief Executive Officer of Laxmi Bank, will become the CEO of the merged bank, while the first meeting of the Board of Directors will select the Chairman of the Board of Directors of the merged entity. </span></p>
<p><span style="font-size:18px">Once the merger is approved by the General Assemblies of both banks and accepted by the Nepal Rastra Bank and the Office of the Company Registrar, the joint operations will commence. The goal is to start integrated business operations within the month of Asar. </span></p>
<p><span style="font-size:18px">Prior to this, the Chairman of Laxmi Bank, Raman Nepal, and the Chairman of Sunrise Bank, Motilal Dugad, had signed the initial agreement for the merger on 25th Poush, 2079. </span></p>
<p><span style="font-size:18px">Dr. Manish Thapa and Swati Rungta represent Laxmi Bank, while Sharada Sharma and Deepak Nepal represent Sunrise Bank in the Joint Merger Committee. </span></p>
<p><br />
</p>
',
'published' => true,
'created' => '2023-05-23',
'modified' => '2023-05-23',
'keywords' => '',
'description' => '',
'sortorder' => '17677',
'image' => '20230523061856_collage (8).jpg',
'article_date' => '2023-05-23 06:16:47',
'homepage' => false,
'breaking_news' => false,
'main_news' => true,
'in_scroller' => false,
'user_id' => '42'
),
'ArticleCategory' => array(
'id' => '219',
'name' => 'Commercial Banks',
'parentOf' => '21',
'published' => true,
'registered' => '2018-11-17 00:00:00',
'sortorder' => '92',
'del_flag' => '0',
'homepage' => false,
'display_in_menu' => true,
'user_id' => '1',
'created' => '2018-11-16 00:00:00',
'modified' => '2018-11-22 12:27:23'
),
'User' => array(
'password' => '*****',
'id' => '42',
'user_detail_id' => '1',
'group_id' => '1',
'username' => 'karkiushak@gmail.com',
'name' => null,
'email' => 'karkiushak@gmail.com',
'address' => null,
'gender' => null,
'access' => '1',
'phone' => null,
'access_type' => null,
'activated' => true,
'sortorder' => null,
'published' => null,
'created' => '2022-12-08 15:31:54',
'last_login' => '2024-08-13 15:00:05',
'ip' => '172.68.250.137'
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
'article_id' => '17946',
'hit' => '1008'
)
),
'Slider' => array()
)
$current_user = null
$logged_in = false
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
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
file not found!
Notice (8): Undefined variable: file [APP/View/Elements/side_bar.ctp, line 133]
$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp'
$dataForView = array(
'article' => array(
'Article' => array(
'id' => '17946',
'article_category_id' => '219',
'title' => 'Laxmi Bank and Sunrise Bank Sign Final Merger Agreement ',
'sub_title' => '',
'summary' => 'Two commercial banks-Laxmi Bank and Sunrise Bank limited- have reached a final agreement for a merger. Amidst a programme organized on Monday, the final agreement for the merger of the two banks was signed. ',
'content' => '<p> </p>
<p><span style="font-size:18px">May 23: Two commercial banks-Laxmi Bank and Sunrise Bank limited- have reached a final agreement for a merger. Amidst a programme organized on Monday, the final agreement for the merger of the two banks was signed. </span></p>
<p><span style="font-size:18px">Based on the due diligence report, both banks will merge in a 1:1 swap ratio. After the merger, the name of the merged entity will be Laxmi Sunrise Bank Limited.</span></p>
<p><span style="font-size:18px">Ajay Bikram Shah, the current Chief Executive Officer of Laxmi Bank, will become the CEO of the merged bank, while the first meeting of the Board of Directors will select the Chairman of the Board of Directors of the merged entity. </span></p>
<p><span style="font-size:18px">Once the merger is approved by the General Assemblies of both banks and accepted by the Nepal Rastra Bank and the Office of the Company Registrar, the joint operations will commence. The goal is to start integrated business operations within the month of Asar. </span></p>
<p><span style="font-size:18px">Prior to this, the Chairman of Laxmi Bank, Raman Nepal, and the Chairman of Sunrise Bank, Motilal Dugad, had signed the initial agreement for the merger on 25th Poush, 2079. </span></p>
<p><span style="font-size:18px">Dr. Manish Thapa and Swati Rungta represent Laxmi Bank, while Sharada Sharma and Deepak Nepal represent Sunrise Bank in the Joint Merger Committee. </span></p>
<p><br />
</p>
',
'published' => true,
'created' => '2023-05-23',
'modified' => '2023-05-23',
'keywords' => '',
'description' => '',
'sortorder' => '17677',
'image' => '20230523061856_collage (8).jpg',
'article_date' => '2023-05-23 06:16:47',
'homepage' => false,
'breaking_news' => false,
'main_news' => true,
'in_scroller' => false,
'user_id' => '42'
),
'ArticleCategory' => array(
'id' => '219',
'name' => 'Commercial Banks',
'parentOf' => '21',
'published' => true,
'registered' => '2018-11-17 00:00:00',
'sortorder' => '92',
'del_flag' => '0',
'homepage' => false,
'display_in_menu' => true,
'user_id' => '1',
'created' => '2018-11-16 00:00:00',
'modified' => '2018-11-22 12:27:23'
),
'User' => array(
'password' => '*****',
'id' => '42',
'user_detail_id' => '1',
'group_id' => '1',
'username' => 'karkiushak@gmail.com',
'name' => null,
'email' => 'karkiushak@gmail.com',
'address' => null,
'gender' => null,
'access' => '1',
'phone' => null,
'access_type' => null,
'activated' => true,
'sortorder' => null,
'published' => null,
'created' => '2022-12-08 15:31:54',
'last_login' => '2024-08-13 15:00:05',
'ip' => '172.68.250.137'
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
[maximum depth reached]
)
),
'Slider' => array()
),
'current_user' => null,
'logged_in' => false
)
$article = array(
'Article' => array(
'id' => '17946',
'article_category_id' => '219',
'title' => 'Laxmi Bank and Sunrise Bank Sign Final Merger Agreement ',
'sub_title' => '',
'summary' => 'Two commercial banks-Laxmi Bank and Sunrise Bank limited- have reached a final agreement for a merger. Amidst a programme organized on Monday, the final agreement for the merger of the two banks was signed. ',
'content' => '<p> </p>
<p><span style="font-size:18px">May 23: Two commercial banks-Laxmi Bank and Sunrise Bank limited- have reached a final agreement for a merger. Amidst a programme organized on Monday, the final agreement for the merger of the two banks was signed. </span></p>
<p><span style="font-size:18px">Based on the due diligence report, both banks will merge in a 1:1 swap ratio. After the merger, the name of the merged entity will be Laxmi Sunrise Bank Limited.</span></p>
<p><span style="font-size:18px">Ajay Bikram Shah, the current Chief Executive Officer of Laxmi Bank, will become the CEO of the merged bank, while the first meeting of the Board of Directors will select the Chairman of the Board of Directors of the merged entity. </span></p>
<p><span style="font-size:18px">Once the merger is approved by the General Assemblies of both banks and accepted by the Nepal Rastra Bank and the Office of the Company Registrar, the joint operations will commence. The goal is to start integrated business operations within the month of Asar. </span></p>
<p><span style="font-size:18px">Prior to this, the Chairman of Laxmi Bank, Raman Nepal, and the Chairman of Sunrise Bank, Motilal Dugad, had signed the initial agreement for the merger on 25th Poush, 2079. </span></p>
<p><span style="font-size:18px">Dr. Manish Thapa and Swati Rungta represent Laxmi Bank, while Sharada Sharma and Deepak Nepal represent Sunrise Bank in the Joint Merger Committee. </span></p>
<p><br />
</p>
',
'published' => true,
'created' => '2023-05-23',
'modified' => '2023-05-23',
'keywords' => '',
'description' => '',
'sortorder' => '17677',
'image' => '20230523061856_collage (8).jpg',
'article_date' => '2023-05-23 06:16:47',
'homepage' => false,
'breaking_news' => false,
'main_news' => true,
'in_scroller' => false,
'user_id' => '42'
),
'ArticleCategory' => array(
'id' => '219',
'name' => 'Commercial Banks',
'parentOf' => '21',
'published' => true,
'registered' => '2018-11-17 00:00:00',
'sortorder' => '92',
'del_flag' => '0',
'homepage' => false,
'display_in_menu' => true,
'user_id' => '1',
'created' => '2018-11-16 00:00:00',
'modified' => '2018-11-22 12:27:23'
),
'User' => array(
'password' => '*****',
'id' => '42',
'user_detail_id' => '1',
'group_id' => '1',
'username' => 'karkiushak@gmail.com',
'name' => null,
'email' => 'karkiushak@gmail.com',
'address' => null,
'gender' => null,
'access' => '1',
'phone' => null,
'access_type' => null,
'activated' => true,
'sortorder' => null,
'published' => null,
'created' => '2022-12-08 15:31:54',
'last_login' => '2024-08-13 15:00:05',
'ip' => '172.68.250.137'
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
'article_id' => '17946',
'hit' => '1008'
)
),
'Slider' => array()
)
$current_user = null
$logged_in = false
$xml = false
include - APP/View/Elements/side_bar.ctp, line 133
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
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 133]
$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp'
$dataForView = array(
'article' => array(
'Article' => array(
'id' => '17946',
'article_category_id' => '219',
'title' => 'Laxmi Bank and Sunrise Bank Sign Final Merger Agreement ',
'sub_title' => '',
'summary' => 'Two commercial banks-Laxmi Bank and Sunrise Bank limited- have reached a final agreement for a merger. Amidst a programme organized on Monday, the final agreement for the merger of the two banks was signed. ',
'content' => '<p> </p>
<p><span style="font-size:18px">May 23: Two commercial banks-Laxmi Bank and Sunrise Bank limited- have reached a final agreement for a merger. Amidst a programme organized on Monday, the final agreement for the merger of the two banks was signed. </span></p>
<p><span style="font-size:18px">Based on the due diligence report, both banks will merge in a 1:1 swap ratio. After the merger, the name of the merged entity will be Laxmi Sunrise Bank Limited.</span></p>
<p><span style="font-size:18px">Ajay Bikram Shah, the current Chief Executive Officer of Laxmi Bank, will become the CEO of the merged bank, while the first meeting of the Board of Directors will select the Chairman of the Board of Directors of the merged entity. </span></p>
<p><span style="font-size:18px">Once the merger is approved by the General Assemblies of both banks and accepted by the Nepal Rastra Bank and the Office of the Company Registrar, the joint operations will commence. The goal is to start integrated business operations within the month of Asar. </span></p>
<p><span style="font-size:18px">Prior to this, the Chairman of Laxmi Bank, Raman Nepal, and the Chairman of Sunrise Bank, Motilal Dugad, had signed the initial agreement for the merger on 25th Poush, 2079. </span></p>
<p><span style="font-size:18px">Dr. Manish Thapa and Swati Rungta represent Laxmi Bank, while Sharada Sharma and Deepak Nepal represent Sunrise Bank in the Joint Merger Committee. </span></p>
<p><br />
</p>
',
'published' => true,
'created' => '2023-05-23',
'modified' => '2023-05-23',
'keywords' => '',
'description' => '',
'sortorder' => '17677',
'image' => '20230523061856_collage (8).jpg',
'article_date' => '2023-05-23 06:16:47',
'homepage' => false,
'breaking_news' => false,
'main_news' => true,
'in_scroller' => false,
'user_id' => '42'
),
'ArticleCategory' => array(
'id' => '219',
'name' => 'Commercial Banks',
'parentOf' => '21',
'published' => true,
'registered' => '2018-11-17 00:00:00',
'sortorder' => '92',
'del_flag' => '0',
'homepage' => false,
'display_in_menu' => true,
'user_id' => '1',
'created' => '2018-11-16 00:00:00',
'modified' => '2018-11-22 12:27:23'
),
'User' => array(
'password' => '*****',
'id' => '42',
'user_detail_id' => '1',
'group_id' => '1',
'username' => 'karkiushak@gmail.com',
'name' => null,
'email' => 'karkiushak@gmail.com',
'address' => null,
'gender' => null,
'access' => '1',
'phone' => null,
'access_type' => null,
'activated' => true,
'sortorder' => null,
'published' => null,
'created' => '2022-12-08 15:31:54',
'last_login' => '2024-08-13 15:00:05',
'ip' => '172.68.250.137'
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
[maximum depth reached]
)
),
'Slider' => array()
),
'current_user' => null,
'logged_in' => false
)
$article = array(
'Article' => array(
'id' => '17946',
'article_category_id' => '219',
'title' => 'Laxmi Bank and Sunrise Bank Sign Final Merger Agreement ',
'sub_title' => '',
'summary' => 'Two commercial banks-Laxmi Bank and Sunrise Bank limited- have reached a final agreement for a merger. Amidst a programme organized on Monday, the final agreement for the merger of the two banks was signed. ',
'content' => '<p> </p>
<p><span style="font-size:18px">May 23: Two commercial banks-Laxmi Bank and Sunrise Bank limited- have reached a final agreement for a merger. Amidst a programme organized on Monday, the final agreement for the merger of the two banks was signed. </span></p>
<p><span style="font-size:18px">Based on the due diligence report, both banks will merge in a 1:1 swap ratio. After the merger, the name of the merged entity will be Laxmi Sunrise Bank Limited.</span></p>
<p><span style="font-size:18px">Ajay Bikram Shah, the current Chief Executive Officer of Laxmi Bank, will become the CEO of the merged bank, while the first meeting of the Board of Directors will select the Chairman of the Board of Directors of the merged entity. </span></p>
<p><span style="font-size:18px">Once the merger is approved by the General Assemblies of both banks and accepted by the Nepal Rastra Bank and the Office of the Company Registrar, the joint operations will commence. The goal is to start integrated business operations within the month of Asar. </span></p>
<p><span style="font-size:18px">Prior to this, the Chairman of Laxmi Bank, Raman Nepal, and the Chairman of Sunrise Bank, Motilal Dugad, had signed the initial agreement for the merger on 25th Poush, 2079. </span></p>
<p><span style="font-size:18px">Dr. Manish Thapa and Swati Rungta represent Laxmi Bank, while Sharada Sharma and Deepak Nepal represent Sunrise Bank in the Joint Merger Committee. </span></p>
<p><br />
</p>
',
'published' => true,
'created' => '2023-05-23',
'modified' => '2023-05-23',
'keywords' => '',
'description' => '',
'sortorder' => '17677',
'image' => '20230523061856_collage (8).jpg',
'article_date' => '2023-05-23 06:16:47',
'homepage' => false,
'breaking_news' => false,
'main_news' => true,
'in_scroller' => false,
'user_id' => '42'
),
'ArticleCategory' => array(
'id' => '219',
'name' => 'Commercial Banks',
'parentOf' => '21',
'published' => true,
'registered' => '2018-11-17 00:00:00',
'sortorder' => '92',
'del_flag' => '0',
'homepage' => false,
'display_in_menu' => true,
'user_id' => '1',
'created' => '2018-11-16 00:00:00',
'modified' => '2018-11-22 12:27:23'
),
'User' => array(
'password' => '*****',
'id' => '42',
'user_detail_id' => '1',
'group_id' => '1',
'username' => 'karkiushak@gmail.com',
'name' => null,
'email' => 'karkiushak@gmail.com',
'address' => null,
'gender' => null,
'access' => '1',
'phone' => null,
'access_type' => null,
'activated' => true,
'sortorder' => null,
'published' => null,
'created' => '2022-12-08 15:31:54',
'last_login' => '2024-08-13 15:00:05',
'ip' => '172.68.250.137'
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
'article_id' => '17946',
'hit' => '1008'
)
),
'Slider' => array()
)
$current_user = null
$logged_in = false
$xml = false
simplexml_load_file - [internal], line ??
include - APP/View/Elements/side_bar.ctp, line 133
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
