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...

Kathmandu — The Ministry of Finance has acknowledged that regulation of the insurance sector is weak. Through its current economic report, the ministry has pointed out that comprehensive reforms are necessary due to the lax regulation of the insurance...

Kathmandu — The Nepal Insurance Authority has instructed insurance companies to implement an e-billing system. The directive aims to strengthen financial discipline in the insurance sector, enhance transparency in transactions, ensure tax compliance, and make service delivery more technology-friendly....

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...

Kathmandu — Nepal’s non-life insurance sector recorded a 13.86% year-on-year increase in premium income, reaching over NPR 36.58 billion by the end of the third quarter of fiscal year 2025/26 (mid-April 2026). The 14 non-life insurers in operation generated...

Kathmandu — Non-life insurance companies have managed to generate a total premium income of NPR 36.58 billion up to the end of Chaitra in the current fiscal year. This is according to the monthly data published by the Nepal...

Kathmandu — Reliable Nepal Life Insurance Limited has paid a claim under its full disability benefit. Mrs. Khagisara Shrestha, a resident of Ward No. 2, Gurans Rural Municipality in Dailekh District, had purchased an insurance policy under the “Reliable...