Kathmandu is the capital and largest urban agglomerate of Nepal. The agglomerate consists of Kathmandu Metropolitan City at its core, and its sister cities Patan, Kirtipur, Thimi, and Bhaktapur. It also includes the recently recognized urban areas of Shankhapur, Karyabinayak, and Champapur. Banepa, Dhulikhel, and Panauti are satellite urban areas of Kathmandu located just outside the Kathmandu valley. Kathmandu is also known informally as "KTM" or the "tri-city".