July 5: Rajesh Upadhyay, newly-elected chairman of Mahalaxmi Bikas Bank (MBB), took the oath of office and secrecy on July 2.
Upadhayay took the oath in the presence of NRB official as per the requirement of the Banks and Financial Institutions Act- 2073 BS.
Upadhyay was elected as chairman of the bank after the merger of Yeti Development Bank and Mahalaxmi Bikas Bank.
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