Nepal Insurance Authority Performing DDA of A Dozen Insurance Companies

Kathmandu: The regulatory body Nepal Insurance Authority is going to conduct a detailed audit ‘DDA’ (Due Diligence Audit) under its rules to reveal the assets and liabilities of the insurance company. Since, the authority has to audit the assets...


LIC Nepal has been asked by two regulators for an Explanation

Kathmandu: Nepal Insurance Authority and Nepal Securities Board of Nepal (SEBON) have asked for an explanation about the delay in the issue of LIC Nepal’s rightful shares. According to the sources of the Securities Board of Nepal, the study...


Chilime Hydro-Power Company Announced General Meeting with a Dividend Proposal

Kathmandu : Chilime Hydropower Company Limited has called for the 27th Annual General Meeting. The 423rd meeting of the board of directors of the company held on 8th of December has called the  general meeting on Friday, 5th of...


Sangrila Development Bank has also Reduced The Interest Rate

Kathmandu: As the commercial banks have started publishing notices on reducing the interest rates, the development banks have also started reducing the interest rates. Sangrila Development Bank has reduced the interest rate with effect from 13th of December, 2023...


The Number of Insureds who Surrendered their Insurance Policies

Kathmandu : Compared to last October the number of people who abandoned their October insurance policies has decreased by about 4,000. According to the Nepal Insurance Authority, both the number and amount of insurance policies have decreased in October....


Sanima Reliance Life’s Changed Ownership of Founder Shares on Publics

Sanima Reliance Life Insurance founder shares has changed for general publics. In this company the ownership of the founder’s shares is 70 percent and the ownership of the common stock is 30 percent but the company has changed it...


Nabil Bank Brought ‘Nabil Venture 2087’, 9 Percent Interest will Obtained

Kathmandu : Nabil Bank Limited is going to issue bonds worth three billion rupees. The issue of 30 lakh bonds has been started at the rate of 1000 rupees per share. Of the total 300,000 shares of bonds to...


Muktinath Bikas Bank Refused to Give Social Security Allowance, In troubling Senior Citizens and Single Women

Kathmandu : Muktinath Bikas Bank located in Golbazar Municipality-4 of Siraha has refused to distribute social security allowance due to lack of staff. As the bank did not provide social security allowance on time, 1,277 beneficiaries, including senior citizens...


Massive Support to Nepal Cancer Survivors Society Promoting Hope and Empowerment by MetLife

Kathmandu : In a transformative effort MetLife has partnered with the Nepal Cancer Survivors Society to provide comprehensive support to individuals navigating the challenging journey of cancer survival and post-treatment. This collaboration will help in the sustainable livelihood of...


JBNL Securities, a Subsidiary of Global IME Bank, Launched its Securities Trading Services

JBNL Securities Limited, which is a subsidiary of Global IME Bank, has started securities trading services from Monday. Chandra Prasad Dhakal, Chairman of Nepal Chamber of Commerce and Industry and Chairman of Global IME Bank, inaugurated the company during...