If a bank or financial institution wants to merge or merge with another bank or financial institution, two or more banks or financial institutions that want to merge or merge must make a decision from their respective boards of directors and submit a joint application to the National Bank for the principle agreement of the following: - (a) Merger of banks or financial institutions, the necessity and justification of the merger, the general projection of its impact on the banking and financial sector and the financial system, (b) the audited balance sheet, profit and loss account of the last financial year of the merging or merging bank or financial institution and Auditor's report including cash flow statement, net assets and other financial statements, (c) Arrangements made to protect the interests of the creditors who have taken loans from the merging or merging bank or financial institution, (d) Actual statement including the payment period of movable and immovable assets and liabilities of the merging bank or financial institution, (e) details of the management of employees of the merging or merging bank or financial institution; Other matters. (2) If any bank or financial institution wants to acquire another bank or financial institution, two or more related banks or financial institutions shall, according to the special resolution of their respective general meetings, open the following matters for theoretical agreement by decision of their respective board of directors. A joint application should be submitted to the National Bank:- (a) The need and justification for the acquisition of a bank or financial institution, the general projection of its impact on the banking and financial sector and the financial system, (b) The audited balance sheet of the parent institution and the target institution for the last financial year, profit- Loss account and cash flow statement, auditor's report with financial statement including net assets, (c) statement of management of employees of parent organization and target organization, (d) current companyand the approval process according to the law on securities, (e) the initial agreement regarding the acquisition of a bank or financial institution, (f) other matters as specified by the National Bank. and in the course of such investigation, the National Bank may discuss with the applicant as necessary and may also request additional documents. (4) Development of the nation's banking and financial system when a bank or financial institution is merged or merged or a bank or financial institution is acquired through the investigation conducted according to sub-section (3). , if the National Bank is satisfied that there will be no negative impact on fair competition and compliance with prevailing laws, then the National Bank may give in-principle consent to proceed with the process of merging or merging with such bank or financial institution or acquiring a bank or financial institution and while giving such consent, the National Bank may set conditions Or can even give instructions.