Bhattarai Fiji-bound

KATHMANDU: Bijayanath Bhattarai, governor of Nepal Rastra Bank on Sunday left for Nadi of Fiji to take part in 40th SEACEN Governors conference and 24th SEACEN board of governors meeting, slated for May 21-June 3. The conference will discuss various economic activities like role of central bank in achieving fiscal stability. — HNS

Dallakoti IDFI head

KATHMANDU: A new development bank, Infrastructure Development Financial Institution Ltd (IDFI) — promoted by bankers, entrepreneurs and technical professionals — has been established in Banepa, Kavreplanchowk. Khem Nath Dallakoti is the chairman and Dr Indra Raj Humagain is the MD of the board of directors, where Iccha Bahadur Wagle, Achyut Bajgai, Dev Lal Kisi and Nagendra Bimali are members — HNS