Muktinath Bikas Bank to Acquire Sindhu Bikas Bank and Janaki Finance
September 7, 2026 | Investopaper
Muktinath Bikas Bank Limited (MNBBL) is going to acquire Sindhu Bikas Bank Limited (SINDU) and Janaki Finance Company Limited (JFL).
For this purpose, the preliminary agreement for the acquisition (MOU) between three companies was signed on Bhadra 19, 2083 BS.
As of Ashad’s end 2083 BS, Muktinath Bikas Bank has a paid-up capital of Rs. 8 Arba. Similarly, Sindhu Bikas Bank and Janaki Finance have paid-up capitals of Rs. 55.74 crores and Rs. 69.04 crores respectively.
