Banking News – Muktinath Development Bank Limited has signed an agreement to collaborate as the official banking partner of Janakpur Bolts in the Nepal Premier League (NPL) Season 3, starting from Kartik 9. The Nepal Premier League is becoming established as an important medium for the commercial development of Nepali cricket, enhancing the capacity of talented players, and connecting sports with economic activity. Meanwhile, the International Cricket Council (ICC) has granted official List A T-20 recognition to all matches of the third edition of the NPL.

With this recognition, the runs, wickets, and individual performances made by players in the tournament will be included in official T-20 statistics. This will provide additional opportunities for Nepali players to showcase their capabilities internationally and build a record of their playing careers based on official statistics. Additionally, Janakpur Bolts, which succeeded in winning the title of the first edition of the NPL, is a successful team that has established a distinct identity in Nepali cricket. The success achieved as the champion of the first edition has made the team popular among Nepali cricket fans and further highlighted the sports identity of Madhesh Province.

According to Tara Manandhar, Chief Executive Officer of the bank, through this collaboration, Muktinath Development Bank has not only placed its logo on the jersey but has also expressed the bank’s full support for connecting with the community through cricket in Nepal, encouraging local talent, and empowering youth. The bank has stated that it feels proud to collaborate with Janakpur Bolts as they aim to achieve excellence in the third season of the Nepal Premier League.

Similarly, welcoming the partnership, Niroj Khatiwada, Chief Executive Officer of Dream Sports Pvt. Ltd., the operating company of Janakpur Bolts, said:

“We are extremely happy to have an institution with a deep connection to the community like Muktinath Development Bank as our official banking partner. The bank’s thinking that ‘the bank should go to the people, not the people to the bank’ and Janakpur Bolts’ journey of connecting with the people of Madhesh are moving in the same direction.”

He added:

“As the winner of the first edition of the NPL, our goal is to bring the title back to Janakpur this season. With ICC’s official recognition, this season has become even more important for our players, and the support of Muktinath Development Bank will give us additional energy both on and off the field. This collaboration will further strengthen our shared commitment to encouraging young talent in Madhesh.”

Muktinath Development Bank, which has been prioritizing customer-centric service, innovation, and financial inclusion in Nepal’s banking sector, has taken this partnership as an opportunity to connect with the community through sports and support the development of Nepali cricket. Muktinath Development Bank has expressed its commitment to further strengthening relationships with customers, communities, and stakeholders and contributing to economic and social development in the days ahead.