Kathmandu: The Association of Investment Bankers of India (AIBI) and the Merchant Bankers Association of Nepal (MBAN) have signed a Memorandum of Understanding (MoU) to enhance collaboration in the investment banking sector.
According to a press release issued by AIBI, the agreement aims to promote capacity building, professional development, regulatory understanding, and best practices for investment bankers in both countries.
Under the MoU, AIBI and MBAN will collaborate on knowledge sharing, policy advocacy, networking opportunities, and ethical standards in investment banking. The partnership also includes joint events, research collaboration, policy representation, exchange programs, and digital initiatives.
The MoU will remain in effect for three years, with a provision for extension.
Commenting on the development, AIBI CEO Dr. Milind Dalvi said the agreement underscores a commitment to fostering an integrated and advanced investment banking environment. He highlighted India’s growing capital market and its position as an IPO hub, emphasizing the potential benefits of regional cooperation.
MBAN Chairman Ramendra Rayamajhi stated that the partnership would help Nepal’s investment banking professionals compete globally and contribute to economic growth. He described the MoU as a milestone in building a collaborative and inclusive investment banking ecosystem.
The agreement also seeks to strengthen regulatory cooperation between Nepal and India, aiming for better alignment of policies and frameworks to support capital market development in both countries.