By Our Reporter Machhapuchre Capital Ltd, a subsidiary company of the Machhapuchre Bank Ltd, has obtained permission to work as the merchant banker from the Security Board of Nepal with the authority for security transaction, security management and corporate consultancy. After acquiring permission, the Capital, headquarters at Chamber Building in Jamal, Kathmandu, has also entered in the merchant business. The Capital has already started preparation to provide the above mentioned services. The Capital was established with the investment of 200 million rupees as the paid up capital, informed Santosh Koirala, chairman of the Capital. The Capital will provide services such as mutual fund, venture capital, private equity, among others.