National Banking Institute and Everest Bank signed a Memorandum of Understanding (MoU) for strategic alliance whereby NBI would provide exclusively customised training programs to the bank for human capital development. EBL becomes the first bank to sign a formal agreement with NBI to run its training programs. Under this agreement, EBL has committed Rs 5 million plus worth training investment during the fiscal year 2074-75 to NBI. This partnership is expected to further leverage strategic intervention towards the development of human capital of the bank. The MoU was signed by Someshwar Seth, CEO of EBL and Sanjib Subba, CEO of NBI. This alliance is expected to be a milestone in the capacity building process and bringing about positive transformation in the development of human capital.