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...


How Much is the Salary of the Governor who Signed the note?

  Kathmandu : How much will be the service facility and salary of the governor who will sign the Nepali note? Everyone may be curious about this. According to the annual report of Central Bank, the governor has received...


Prabhu Bank Honored with the ‘Bank of the Year 2023’ Award

Kathmandu : Prabhu Bank has been honored with the title of ‘Bank of the Year 2023′. The Financial Times, based in London, UK, gave the award to the bank. Prabhu Bank’s Board of Directors Chairman Lilaprakash Sitaula and Bank’s...


Cultivation of Awards in the Insurance Sector, Rotating Cultivation of Insurance Authorities

Kathmandu : The issue of insurance companies going to India to receive awards or honors from foreign bodies is currently going viral on social media. Recently, there has been a discussion in the market that insurance companies have accepted...


The first Quarterly Review of Monetary Policy, Due Next Week, Was Delayed as Revisions were made

Kathmandu. Central Bank is going to conduct the first quarter review of monetary policy next week only. There has been some delay in the review due to the festive season at the time of reviewing the monetary policy. The...