NIC Asia Bank’s decision to reduce interest rates  from 15th of January

What are the changed rates ? Kathmandu: NIC Asia Bank has decided to reduce the interest rate from the coming mid of January, 2024 A.D. The bank has decided to reduce the interest rate by publishing the new rate...


Global IME Bank Free Female Health Camps in Madhesh and Gandaki Provinces  

Kathmandu: Global IME Bank Limited has conducted free female health camps in Madhesh and Gandaki provinces under the bank’s corporate social responsibility on the occasion of its 17th anniversary. Banks under Madhesh Province, Siraha District cunducted health camp in...


Ganesh Adhikari was elected as the Chairman of Insurance Agents Association Nepal Life; A new working committee of 32 members was formed

Kathmandu. : The special session of Nepal Life Insurance Committee of Professional Insurance Agents Association of Nepal, held on January 6, Monday, unanimously elected a new 32-member working committee under the chairmanship of Ganesh Adhikari. Law Minister Gurung inaugurated...


Kathmandu : A person broke the ATM machine of Everest Bank with the intention of stealing in Biratnagar. The ATM machine placed in front of the bank’s Biratnagar branch office was broken on Thursday night, 26th December, 2023 A.D....


Account Committee’s strict instructions on payment of claims of insurance policy surrendered; “Deduct 25 percent of office expenses and return the remaining amount”

Kathmandu : Regarding the insurance policy surrender, for the first time the public account committee has given strict instructions to the regulatory insurance authority and asked them to make arrangements to return 75 percent of the amount to the...


Nepal Bank’s former Branch Manager Koirala is found Guilty of Hacking the Bank’s System and Transferring Funds to his Own Account

Kathmandu : Bhupraj Koirala, former manager of Nepal Bank’s Dillibazar branch, has been found guilty of embezzling the bank’s funds. The special court bench of Khushi Prasad Tharu, Ram Bahadur Thapa and Muraribabu Shrestha convicted Koirala for his guilt...


Nepal Investment Mega Bank closing the insurance facility of various savings accounts

Kathmandu: Nepal Investment Mega Bank Limited has revised the features of Savings Account Scheme. The insurance facility provided by the bank in various savings accounts is going to be stopped from now on. The bank has informed that the...


LIC is paying 27% as commission from first-year premium

The Irdai has released it annual report today. The report has highlighted the fact that how much commission has been paid by the life insurance companies to their agents. The report further states that despite hike in commission paid,...


National Commercial Bank has been Honored

Kathmandu: In the banking business of National Commercial Bank, significant progress has been made in technology-based digital business on filing system which started on 10th January 2022 A.D. Among the commercial banks of Nepal, the government bank National Commercial...


Amendment of the integrated guidelines of Purbadhar Bikas Bank, relief package for troubled borrowers, what other provisions are there?

Kathmandu : Central Bank has issued the integrated guidelines issued to Purbadhar Bikas Bank. Guru Prasad Paudel, Executive Director of Central Bank, has issued this guide using the authority given by Section 79 of the Insurance Act 2058. In...