Kathmandu — Nepal Insurance Authority has issued the Insurance Agent Directive 2026. The directive has been introduced under Section 166 of the Insurance Act 2022 to make the functioning of insurance agents more systematic, professional, transparent, and accountable. Under...
Kathmandu — Nepal Insurance Authority, the regulatory body of the insurance sector, has been prioritizing the resolution of insurance-related complaints and dispute petitions. Despite delays in leadership appointments, the authority has recently stepped up efforts to address pending and...
Kathmandu — It has come to light that Ashok Kumar Khadka, the CEO of Neco Insurance Company, in which the Government of Nepal holds more than a 21 percent indirect stake, has accumulated enormous wealth worth millions of rupees....
Kathmandu, April 2026 — The total value of life insurance policy surrenders has exceeded NPR 10 billion by the end of the third quarter of the current fiscal year. According to the latest “Insurance Snapshot” published by the Nepal...
Kathmandu – Commercial banks have reported an improvement in earnings per share (EPS), according to third-quarter financial reports for the current fiscal year 2025/26 (up to mid-April). The average EPS of banks stood at NPR 17.01 during the period,...
Kathmandu – Himalayan Laghubitta Financial Institution has released its financial results for the third quarter of the current fiscal year, covering the period up to mid-April. The company reported a net profit of NPR 81 million for the period,...
Kathmandu — National-level development banks have collectively earned over Rs. 5.5 billion in profit within nine months. The eight operating national-level development banks earned a total profit of Rs. 5.50 billion in the third quarter of the current fiscal...
Kathmandu — Commercial banks posted a combined profit of over Rs 49 billion by the end of the third quarter of fiscal year 2025/26. The 20 operating commercial banks earned a total of Rs 49.21 billion in profit during...
Kathmandu — Net interest income of commercial banks climbed to Rs 142 billion by the end of the third quarter of fiscal year 2025/26. The 20 operating commercial banks collectively earned Rs 142.68 billion in net interest income during...
Kathmandu — By the end of the third quarter of fiscal year 2025/26, non-performing loans (NPL) of commercial banks have crossed 5%. According to data published by banks up to mid-April 2026, bad loans have risen to 5.25%. Compared...