KATHMANDU: Nepal Investment Bank Ltd (NIBL) has commenced consolidated operations between itself and City Express Finance Company Ltd (CEFCL) from Sunday. The joint operations will be carried out from three branches — Ghantaghar, Birtamod and Gaighat, as per a media release. NIBL had acquired CEFCL with swap ratio of 100:30. NIBL now has 86 branches, 128 ATMs, 20 extension counters, 10 revenue collection counters and 59 branchless banking counters.