Nepal Electricity Authority will issue IPO

The authority is going to restructure the financial structure of the organization and sell the shares of the organization to the general public in accordance with the Nepal Electricity Authority Act, 2041. The Ministry of Finance has already given...


Om Devi Malla has elected unopposed the President of the National Cooperative Federation

Kathmandu : Om Devi Malla has been elected an unopposed as the President of the National Cooperative Federation. Chairman Malla is a member of the Constituent Assembly, a board member of the International Cooperative Federation (ICA), She is an...


The Bank of Lumbini Development Bank General meeting hasbeen completed, dividend resolution passed

Lumbini Development Banks 8.50 percent dividend has been passed. The 16th annual general meeting of the bank has passed a resolution to distribute a total dividend of 8.50 percent with 4.50 percent cash dividend and 4 percent bonus share....


Mankamana Smart and Samata Gharelu Laghubittia Bittiya Sansthan are about to go in merger

Kathmandu : Mankamana Smart Microfinance and Samata Gharelu Laghubittia Bittiya Sansthan  (Domestic Microfinance) are going to merge. The central office of Mankamana Smart is located in Siddharth Nagar Municipality 5 of Rupandehi whereas the central office of Samata Laghubittia...


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...