Mahalaxmi Bikas Bank and HDFC Bank Sign Agreement to Expand Cross-Border Banking Services

Banking News – Mahalaxmi Bikas Bank has signed a strategic agreement with India’s leading financial institution, HDFC Bank, to facilitate and promote cross-border financial services, particularly enabling seamless payments from India to Nepal. With this move, Mahalaxmi Bikas Bank becomes the first development bank in Nepal to introduce such a payment system. Under the agreement,…