Kathmandu – The profits of Nepal’s commercial banks have declined in the second quarter of the current fiscal year, as revealed in the financial statements published by 20 banks. Collectively, their profits fell by 4.62 percent compared to the...

Kathmandu – Neco Insurance has announced the book closure date for its 25% right shares. The company will close its shareholder register on January 31, meaning investors holding shares until January 30 will be eligible to subscribe to the...

Kathmandu – Nepal Life Insurance Company successfully concluded the prestigious ‘MDRT Achievers Award 2025’ at The Soaltee Kathmandu on January 18, 2025. The event celebrated 95 agents who qualified for the Million Dollar Round Table (MDRT) between January and...

Kathmandu – Employees of Sanima Reliance Life Insurance are participating in an international training program hosted by the Insurance Institute of India, Mumbai. The three-day event, scheduled from 20 to 22 January, focuses on enhancing the professional skills of...

Kathmandu – Rastriya Beema Company Limited is set to organize basic training for individuals interested in becoming non-life insurance agents. The training will take place at the company’s central office in Kathmandu from February 2 to February 5, running...

Kathmandu – Nepal Rastra Bank (NRB) withdraw Rs 60 billion from the banking system through a deposit collection instrument auction on Sunday, amid excess liquidity in the market. The central bank will draw the liquidity for a 21-day period,...

Kathmandu – Nepal Life Insurance Company Limited successfully hosted the ‘Nepal Life MDRT Achievers Award 2025’ on Saturday at the Soaltee Hotel, Kathmandu. The event honored 95 agents who achieved the prestigious MDRT (Million Dollar Round Table) target for...

Kathmandu – Himalayan Everest Insurance has made significant investments totaling Rs 4.93 billion by the end of the first quarter of the current fiscal year, according to data from the Nepal Insurance Authority. The largest portion of the company’s...

Kathmandu – Guardian Micro Life Insurance Limited conducted its IPO allotment today at 9 AM at Kumari Capital Limited, Naxal. A total of 1,830,875 individuals had applied for the IPO. Out of these, 8,452 applications were canceled, leaving 1,822,405...

Kathmandu – United Ajod Insurance Limited has announced a training and examination program for agricultural, livestock, and herbal insurance agents. The program will take place from January 23 to 25, from 9 AM to 5 PM, at Ilam Bazaar...