Profit of a Dozen Microfinance Institutions Rises by 49%, Two See Decline

Kathmandu — Out of the 50 microfinance financial institutions listed on the Nepal Stock Exchange, 11 have so far published their financial statements for the third quarter of the current fiscal year 2025/26 (up to mid-April 2026). The disclosed...


Himalayan Laghubitta Posts Strong Profit Growth; Distributable Profit Up 49%

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,...


Protective Micro Insurance License Under Scrutiny; Revocation Likely if Probe Confirms Irregularities

Kathmandu — Protective Micro Insurance Company is facing serious allegations of obtaining its operating license through fraudulent means, raising the possibility of cancellation if an official investigation substantiates the claims. The company is accused of securing a microinsurance license...


Home Minister Gurung Allegedly Paid a Rs. 50 Per Share Bribe to Acquire Star Micro Shares

Kathmandu — Reports had repeatedly surfaced on Beemapost alleging that shares of micro-insurance companies were sold through bribery arrangements, with payments reaching up to Rs. 200 per share under the tenure of then–Nepal Insurance Authority Chairman Surya Prasad Silwal....


Regulator Silent as Family Shareholdings Exceed Legal Limits in Micro insurance Companies

Kathmandu — Nepal’s insurance regulator, Insurance Authority Nepal, has come under scrutiny for remaining inactive despite clear evidence that shareholdings in microinsurance companies exceed the legal cap of 15% for a single individual or family. The lack of action...


Home Minister Sudan Gurung Linked to Shares in Star Micro Insurance Amid Black Money Allegations

KATHMANDU — Fresh controversy has emerged in Nepal’s insurance sector after reports revealed that Home Minister Sudan Gurung holds shares in Star Micro Insurance Company, a firm allegedly established through irregular licensing practices. The issue traces back to the...


Government Moves to Extend Anti-Corruption Authority into the Private Sector; Proposal Targets Irregularities in Banking and Insurance

Kathmandu – The government led by Balen has decided to expand the jurisdiction of the anti-corruption authority to allow strict investigation of corruption in the private sector. The proposal is included in the draft Anti-Corruption Strategy for 2025 to...


5 Percent Bonus Shares of Samata Gharelu Laghubitta Credited to Demat Accounts

Kathmandu — Samata Gharelu Laghubitta Bittiya Sanstha Limited has informed that 5 percent bonus shares have been credited to the beneficiary (demat) accounts of its shareholders. The 5 percent bonus shares, approved by the company’s 12th Annual General Meeting...


Microfinance Conference Wraps Up with Focus on Youth, Green Finance, and Economic Change

Kathmandu — The Fifth National Microfinance Members’ Conference 2082 has wrapped up in the capital, ending with a nine-point declaration that sets out a forward-looking agenda for the sector. Over two days, participants emphasized expanding entrepreneurship through microfinance and...


Guardian Micro Life Holds Third Annual General Meeting

Kathmandu – Guardian Micro Life Insurance Limited has successfully held its third Annual General Meeting (AGM) on Poush 14, 2082 BS. The meeting took place at Hotel Airport, Biratnagar, Morang, under the chairmanship of Company Chairman Udip Shrestha. During...