Narayani Development Bank in Central Bank Action, Fine up to Eight Times

Kathmandu: National Bank has taken action against Narayani Development Bank. In the fourth quarter of the financial year 2022-23, Narayani Development Bank was subjected to Central Bank’s action eight times. The bank has been fined 66 thousand 53 rupees...


Clarification of the Audit Committee to the two Securities Boards and the Insurance Authority on Allowing IPOs at a Premium

Kathmandu : The Public Accounts Committee of the House of Representatives has asked for an explanation from the Nepal Insurance Authority and the Nepal Securities Board, which allowed the issue of IPO at a premium. An official confirmed late...


If the Stock Market is Under the Control of Criminals, Investors Commit Suicide, who will take Responsible to Pain?

Nawaraj Neupane Kathmandu : Due to the government policy of supporting criminals and the mafia and the monetary policy of regulating investors, ordinary investors have reached a state of suicide. Disappointment has been increasing in the stock market for...


Businessmen Who have Taken a Loan of up to Five Crores can Reschedule the Loan Until the End of December

Kathmandu : Businessmen who have taken a loan of up to five crore rupees can reschedule the loan by the end of January by paying 10 percent interest. Nepal Central Bank issued a notification for financial awareness and said...


Siddharth Equity Fund’s losses widened in October

Kathmandu: The loss of Siddharth Equity Fund under Siddharth Equity Fund has increased in October compared to August. This scheme, which had a loss of Rs.62.22 million in the middle of August, had a loss of Rs.118.1 million in...


Last day i.e. 1st November, To Apply for Auction Shares of Synergy Power Development

Kathmandu :The last day to apply for the auction shares of Synergy Power Development is 1sst of November, 2023A.D. The company had opened the sale of 50 percent rights to its shareholders in the ratio of 2:1 to the...


Insurance Authority is planning on Revising and Designing New Insurance Policies

Kathmandu : Nepal Insurance Authority has designed and revised the insurance policy. The Insurance Authority has called for the actuary to start the policy revision and design. The authority has asked the actuary to participate in the roster to...


Nepal Reinsurance Company is Organizing Blood Donation Program on It’s 10th Anniversary

Kathmandu : Nepal Reinsurance Company is going to organize a program and donate blood on the occasion of its tenth anniversary. In the current situation, blood donation is going to be done by middlemen for those who are in...


Both the Funds Operating under RBB Mutual Fund are in Losses

Kathmandu : Losses of both RBB Mutual Fund-1 and RBB Mutual Fund-2 operated under RBB Mutual Fund have increased. The losses of both funds increased in October compared to August. RBB Mutual Fund-1This fund, which has a loss of...


Participation of more than 2000 in the International Reinsurance Conference, Presence of two Reinsurance Companies of Nepal

Kathmandu : The International Reinsurance Conference in Singapore has started today. The conference was organized in the presence of more than 2000 insurance workers from around the world in a three-day conference. Reinsurance, insurers and broker companies from Nepal...