After the Pressure Started to Increased Draft Without the Inclusion of Agents and Surveyors, The Authority kept Five-star Program on Hold.

Kathmandu : After the pressure started to increase on the draft made without agents and surveyors, the authority has put together a five-star program. The Chairman of Nepal Insurance Authority, Surya Prasad Silwal, said in the program that since...


Claim Payment of 69.62 Billion Rupees by Nepal Life Insurance Till the Mid of October

Kathmandu: Nepal Life Insurance Company has paid claims of 69 billion 62 million rupees by the mid of October, 2023 A.D. During this period, the company has paid 5.68 billion Rupees for death claim payment, 19.78 billion Rupees for...


Israel to Flood Hamas Tunnels with Seawater

Israeli military have started setting up pumps to flood Hamas’s tunnels in Gaza with seawater CREDIT: Dr.Eli David via X Israeli troops have been photographed setting up pumps to flood Hamas’s tunnels with seawater. The Israel Defense Forces (IDF) released...


Prime Commercial Bank Employees Association’s  Convention and Elections Completed

Kathmandu: The third central session of the Prime Commercial Bank Employees Association was held last Saturday, on 4th of December in Kathmandu. The Chief Executive Officer (CEO) of the Bank, Sanjeev Manandhar, was the chief guest at the conference....


Governor Adhikari to the Finance Committee, Loan Disbursement has Become Easier as Interest Rates are Falling, Brief note of 25 points Said by Governor

Kathmandu : Central Bank has submitted a 25-points brief note to the Federal Parliament House of Representatives, Finance Committee. In a 25-points brief note, he has also mentioned that since the interest rate has further decreased, the average base...


Miteri Development Bank Calling General Meeting with 10% Dividend Proposal, When is the Book Closing?

Kathmandu : Miteri Development Bank has called the 18th Annual General Meeting. The bank has called for a meeting on 30th December, 2023 A.D at Sunsari Chamber of Commerce and Industry, Dharan 1, Sunsari from 11 am. The meeting...


Met Life’s New Bonus rate Announced, the Insured will get a Maximum Bonus upto 80 Rupees

Kathmandu: Met Life has announced a new bonus rate. The company has announced the new bonus rate based on the life insurance fund and actuarial evaluation report of the fiscal year 2022 A.D. According to the new bonus rate...


Federal Crop Insurance Provides Billions in Profit for Insurers, Says USDA

Roughly one-third of U.S. government spending to insure the nation’s crops since 2011 has gone to insurance companies that derive more than $1 billion in profit from the program each year, according to a government watchdog’s report released on...


Central Bank Changed the Responsibilities of five Executive Directors

Kathmandu : Central Bank has changed the responsibilities of five executive directors. According to an official of Central Bank, Guru Paudel has been appointed as the Executive Director of Bank and Financial Institutions Regulation Department. He was previously Head...


CIBFIN’s Demand to Withdraw the Directive Regarding Blacklisting, also Dissatisfied with the Arrangement of Counter Cyclical Buffer

Kathmandu : The Confederation of Banks and Financial Institutions Nepal (CIBFIN) has demanded the withdrawal of the latest instructions issued by the Central Bank regarding blacklisting. At the time when the first quarter review of the monetary policy of...