Sunday 12th July 2026
Kathmandu — Nepal Rastra Bank (NRB) has rolled out a new set of regulations requiring banks and financial institutions to tighten oversight of dormant accounts, as part of broader efforts to reduce financial crime and curb the misuse of inactive banking channels. The measures, introduced through amendments to the...
Kathmandu — Nepal’s 14 non-life insurance companies issued a combined 2,196,148 insurance policies during the first nine months of the current fiscal year 2025/26 (2082/83), ending mid-April (Chaitra). This compares with 2,192,261 policies issued during the same period last year, an increase of 3,887 policies, according to the companies’...
Kathmandu — Reliable Nepal Life Insurance Limited’s IBRD Branch has handed over an insurance claim of Rs. 1.385 million to the family of late Sita Devi Rana under a term life insurance policy. The claim amount was presented to Rana’s husband at a program held in Khiriya, Belauri Municipality-3. The event was attended by the Ward Chairperson of Belauri Municipality-3, the Sudurpashchim Province Head...
Kathmandu — Minister for Agriculture, Forestry and Environment Gita Chaudhary has said the government is preparing to bring losses caused by wildlife under an insurance framework. Responding to questions during a meeting of the National Assembly on Wednesday, Minister Chaudhary said the ministry is actively working to address the growing challenge of human–wildlife conflict. She said the Nepal Insurance...
Editorial For the Nepal Insurance Authority (NIA), the past seven months have been marked not by regulatory breakthroughs, but by turmoil. The nation’s apex insurance watchdog has seen two of its most senior leaders fall under scrutiny—one acquitted, the other suspended—and now stands cautiously under interim leadership. These events, unfolding one after another, have exposed not just the fragility...
Kathmandu — The insurance sector provides a stark example of how extensive political interference has weakened Nepal’s financial institutions. Investigations into alleged misconduct by former Insurance Authority Chairman Surya Prasad Silwal, widely criticized by some as one of the most controversial figures in the sector, have yet to be fully pursued. Silwal has faced allegations ranging from using funds...
Kathmandu — Nepal Rastra Bank (NRB) has rolled out a new set of regulations requiring banks and financial institutions to tighten oversight of dormant accounts, as part of broader efforts to reduce financial crime and curb the misuse of inactive banking channels. The measures, introduced through amendments to the Unified Directives 2082, were issued by the Bank and Financial Institutions Regulation Department under the authority granted by Section 79...
