With the Reduction of Interest Rates, the Share Price of Banks Increased, How Much?

Kathmandu: Commercial banks have announced new interest rates to be effective from 1st October today. According to the new interest rate announced by the banks, most of the banks have reduced the interest rate. For a long time, the...


33 And a Half Billion Rupees Loan Disbursement From Banks and Financial Institutions

Kathmandu : Loans from banks and financial institutions to the private sector have increased by 0.7 percent in the month of August of the current financial year 2023-024. According to data released by Central Bank, 33 billion 600 million...


Clarification by Insurance Authority about Premium Price IPOs, Request not to be Confused

KATHMANDU: Regarding the issue of in-principle approval from the Nepal Insurance Authority to issue shares of premium price to four different insurers, the authority has drawn serious attention to the fact that some interest groups are willingly misinterpreting the...


Kitchen, Food and Beverage Group Inflation High on Higher Prices

Kathmandu : Since the beginning of this financial year, the common consumer has to bear the brunt of the price hike. In the first two months of this financial year, July and August, the annual point consumer inflation was...


Clarification by Insurance Authority about Premium Price IPOs, Requested not to stay on Doubt

Kathmandu: Regarding the issue of principle approval from the Nepal Insurance Authority to issue shares of premium price to four different insurers, the Authority has drawn serious attention to the fact that some selfish groups are willingly misinterpreting the...


With the Suspension of the Executive Director of the Health Insurance Board, 5 more Members Collectively Resigned

Kathmandu :  Executive Director of Health Insurance Board Dr. Damodar Baseula was suspended from his position. Due to which there is prediction that Health Insurance Board is going to be collapsed as five more board members have collectively resigned.Just...


3rd edition of NYEF Startup Awards presented by Sagarmatha Lumbini Insurance

Kathmandu : Sagarmatha Lumbini Insurance presented the third edition of NYEF Startup Awards. The title sponsor of this edition is going to be Sagarmatha Lumbini Insurance. Nepali Yuva Entrepreneurs Forum NYEF is the apex organization of young entrepreneurs in...


20.53 Percent Dividend from Everest Bank’s General Meeting

Kathmandu: General meeting of Everest Bank has been completed by passing 20.53 percent dividend. The 29th annual general meeting held at a Banquet in Lainchour, Kathmandu has passed a resolution to distribute a total of 20.53 percent dividend including...


Agent’s honoring and Bada Dashain Festival Greetings Exchange Program completed By National Life

Kathmandu : National Life Insurance Company Limited has completed Bada Dashain 2023 A.D greeting exchange program.A special program was organized at the company’s Kathmandu branch, where senior business manager Rabindra Raj Shrestha gathered the agents under the group and...


 Life Insurance is having though Time on the Month of mid July 2023 According to the Data, 55% of Total New Business Insurance policies Get Surrendered

 Statistics show that Nepal life insurance sector is about to reach a painful situation. In the month of July, half of the amount that life insurance companies brought in from new insurance business came out of the policy surrender...