KATHMANDU: National Banking Institute (NBI) and Laxmi Bank Ltd (LBL) have signed a memorandum of understanding (MoU) for strategic alliance whereby NBI will provide training programmes to the bank for human capital development.

Under this agreement, LBL has committed minimum Rs five million worth of training investment in fiscal year 2018-19 with NBI.

This partnership is expected to further leverage the strategic intervention towards the development of human capital of the bank.

The MoU was signed by Sudesh Khaling, CEO of Laxmi Bank and Sanjib Subba, CEO of NBI.