The Industrial Development Bank of India (IDBI) has acquired a 10 percent equity in the Nepal Industrial Development Bank, a company press statement says. IDBI is also to share its expertise with NDB in financial management, merchant banking and staff training. NBA began operations in February 1999 and says it has Rs 1.55 billion in deposits and Rs 1.38 billion loans. Its net operating profit in the first half of fiscal year 2000-01 was Rs 18.6 million.