Eighth Branch of Guardian Micro Life in Ghorahi

Kathmandu : Guardian Micro Life has expanded its eighth branch. The company has inaugurated its eighth branch office in Ghorahi, Dang. Ghorahi sub-metropolitan chief Narulal Chaudhary cut the ribbon and inaugurated the branch. On that occasion, Chowdhury said that...


A 21-Day Ultimatum to ‘Prabhu Pay’ to pay the Insurance Premium Collected from the Insured two Years Ago

Kathmandu: Prabhu Mahalaxmi Life Insurance Limited has given Prabhu Technologies Pvt Ltd (Prabhu Pay) a last chance to pay the remaining insurance premiums to the insured. Prabhu Mahalaxmi issued a public notice and gave an ultimatum of 21 days....


The Central Bank will Invest 17.67 Million Rupees in Interest

Kathmandu : Central Bank is going to invest Rs 17.67 million in interest in its various funds. The central bank is going to keep the amount as deposit for a total of 365 days from 4th November 2023 to...


National Life Provided Financial Support to Schools Damaged by the Earthquake

Kathmandu :The National Life Insurance Company has provided financial support for the reconstruction of the library of Shri Bal Bikas Secondary School located in Jaya Prithvi Municipality 4, Bajhang, which was damaged by the earthquake that occurred on October...


Discount Facility on Himalayan Life’s Renewal Period cut Personal Insurance Articles

Himalayan Life Insurance Limited has introduced a discount facility. The company has introduced a discount facility on late fee (interest penalty) on lapsed (renewal period cut) insurance articles. Insurance articles that have been insured on different dates from the...


Without Going Public, Micro Insurance Companies have Invested Around 2 Billion Rupees

Kathmandu : Micro Insurance Companies have invested nearly 2 billion rupees without distributing any investment shares for public. Four small insurance companies that are currently operating have invested 1.95 billion rupees in the financial year 2079-80 B.S (2023 A.D)....


The Insurance Authority Decides to Open Child Insurance Policy Until the Mid of November

Kathmandu :The regulatory body Nepal Insurance Authority has decided to open the issue of child insurance policy which is currently closed. This policy will be opened till the mid of November, 2023 A.D only. According to the instructions sent...


Auction Sale of Mortgage Assets by Global IME Bank, Invitation For Bids

Kathmandu : Global IME Bank has invited confidential sealed bids for auction sale of mortgage assets. The bank has called for bids to auction and sell the securities of the borrowers who have not paid the principal and interest...


Annual General Meeting of Siddhartha Bank on 21st November

Kathmandu : Siddhartha Bank has proposed a general meeting to approve the dividend. The bank is going to organized it’s 22nd Annual general meeting on 21st of November, 2023 A.D. The meeting of the bank will start from 10...


Decision to Suspend the Single Insurance Policy of Nepal Life’s “Sunaulo Bhabisya Life Insurance”, Whereas Term Policy Will Continue

Kathmandu : Nepal Life Insurance Company has decided to postpone the insurance policy to be issued under the single insurance fee under the “Sunaulo Bhabisya Life Insurance Policy” from the 17th of November, 2023 A.D. The company said that...