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...


UN Secretary General Guterres said – the Days Ahead are Good for Nepal

Kathmandu: United Nations Secretary General Antonio Guterres, who is visiting Nepal, is busy with high-level meetings and observation tours. On Sunday, he had a meeting with Prime Minister Prachanda. During the meeting with Prime Minister Prachanda, he said that...


‘Banking Offense’: 30 Days Deadline to Prove Check Dishonour, Added to Settlement Letter

Kathmandu : Even though the court process has been made easier in the case of check dishonor, the culprits will be severely punished. This provision will come into effect after the Banking Offenses and Punishment Bill, 2080 presented in...


Devi Bhattachan, the Founder of Prabhu Bank, Entered the Insurance Sector by Selling Crores of Shares

In that program, Principal Khati informed that the library will be rebuilt with the financial support provided by the company for education and thanked the company and the CEO for providing financial support. Gan Bahadur Khati, chairman of the...