The Bank of Lumbini Development Bank General meeting hasbeen completed, dividend resolution passed

Lumbini Development Banks 8.50 percent dividend has been passed. The 16th annual general meeting of the bank has passed a resolution to distribute a total dividend of 8.50 percent with 4.50 percent cash dividend and 4 percent bonus share....


National Life made a claim payment of 1 Million Rupees

Kathmandu: National Life Insurance has paid the death claim of an insured. Jawalakhel branch of the company paid the claim of 1 million 42 thousand Rupees on 9th of January 2024 A.D.to the insured wife. According to the company,...


New bonus rate of IME Life Insurance announced, Maximum bonus up to 80 rupees

Kathmandu. IME Life Insurance Company has published a new bonus rate based on last year’s financial statements. According to the bonus rate approved by the regulator Nepal Insurance Authority, the insured of IME Life will get a maximum bonus...


Govt plans to sell ‘enemy property’ shares in 84 cos; scrips of 20 firms put on block in 1st tranche

The Indian government plans to sell over 2.91 lakh ‘enemy property’ shares in 84 companies to individuals and corporates in tranches as part of its initiative to dispose of assets of individuals who migrated to Pakistan and China. The...


“Nepal Life occupies a quarter of the insurance market”- CEO Parajuli

Kathmandu: Pravin Raman Parajuli, CEO of Nepal Life Insurance, has said that Nepal Life occupies more than a quarter of the insurance market. He said this at the ‘MDRT honor program’. He said that Nepal Life occupies more than...


Mankamana Smart and Samata Gharelu Laghubittia Bittiya Sansthan are about to go in merger

Kathmandu : Mankamana Smart Microfinance and Samata Gharelu Laghubittia Bittiya Sansthan  (Domestic Microfinance) are going to merge. The central office of Mankamana Smart is located in Siddharth Nagar Municipality 5 of Rupandehi whereas the central office of Samata Laghubittia...


Who have investment in Nepal Insurance Company? And how much is their investment ?

Kathmandu: According to the annual report of the year 2079/80 B.S (2023 A.D) presented at the 75th Annual General Meeting of Nepal Insurance Company Limited, the share ownership of directors is 8,414 shares and the ownership of officers is...


National Life made a claim payment of 10 lakhs to Ambika khadka

Kathmandu : National Life Insurance has paid the claim. Jawalakhel branch of the company paid the claim of 10 lakh 42 thousand on 24th of January. According to the company the deceased insured, Radheshyam Khadka, was insured on March...


Nepal Rastra Bank, Request to suggestions Nepal Green Finance Taxonomy provision

Kathmandu : Nepal Rastra Bank Requested to  stakeholders to give suggestions about the Nepal Green Finance preparing Taxonomy draft. The Central Bank has prepared this draft in accordance with the provisions in the monetary policy of the current financial...


Discussions with related agencies to solve the seeming problems in cooperatives sectors : Deputy prime minister and home.

Deputy Prime Minister and Home Narayankaji Shrestha has discussed with the relevant agencies to solve the seeming the cooperative sector’s problems risen the cooperatives. In a meeting held at the Ministry of Home Affairs at Singhdarbar on Wednesday, the...