NBL EARNS RS.600M PROFIT IN LAST FISCAL YEAR Kathmandu, 24 July: Nepal Bank Ltd. (NBL) earned a profit of Rs. 600.million before tax and bonus in the last fiscal year ending mid-July. Profit increased compared to the pervious when a profit of Rs. 374 million was recirded. Nnnn ANOTHER MERGER Kathmandu, 24 July: Rara Development Bank, Api Finance and Royal Merchant Banking and Finance are merging. An agreement was signed between them Monday to form a national level banking institution. nnnn