Nepal Rastra Bank lifts action against Pokhara Finance for merger

Kathmandu. Pokhara—Nepal Rastra Bank (NRB) has withdrawn the immediate corrective action against Pokhara Finance. Pokhara—Nepal Rastra[...]

NRB to attract Rs 45 billion deposit in banking system

Kathmandu. KATHMANDU: Nepal Rastra Bank (NRB), the central bank of Nepal, has decided to issue deposit[...]

Prabhu Mahalaxmi Life Sells Over 18,99,000 Promoter Shares

Kathmandu. The promoter shareholders of Prabhu Mahalaxmi Life Insurance Company (BILIC) have issued 18,99,241 units of[...]

Pokhara and Samriddhi Finance merger: Services to be shut down on July 25 for integrated transaction

Kathmandu. The process of merger between Pokhara Finance Limited and Samriddhi Finance Company Limited has reached[...]

Mahalaxmi Bikas Bank looking for a house and a flat

Kathmandu. KATHMANDU: Mahalaxmi Bikas Bank (Mahalaxmi Bikas Bank) has published a seven-day notice for renting houses[...]

What is the exchange rate of foreign currency today?

Kathmandu. KATHMANDU: Nepal Rastra Bank (NRB) has fixed the exchange rate of foreign currency for Friday.[...]

Labor Department monitors private hospitals and banks, takes action against those not paying minimum wages

Kathmandu. KATHMANDU: The Department of Labour and Occupational Security of the Government of Nepal has drawn[...]

Kumari Bank signs MoU with National Path Lab

Kathmandu. KATHMANDU: Kumari Bank has signed an agreement with National Path Lab & Research Centre Limited,[...]

Interaction on Challenges in Insurance, Damage Assessment and Maintenance of Electric Vehicles

Kathmandu. KATHMANDU: Nepal Insurance Authority (NEA) organized a discussion and interaction program on the challenges and[...]

Insurance Authority remains a mute spectator in difficult situation, Himalayan Life Insurance Chairman ignores regulator’s directive

 Kathmandu. The regulatory body Insurance Authority has remained a mute spectator even after half a dozen[...]

Life insurance companies earn over Rs 1.77 trillion in premiums. 

Kathmandu. Life insurance companies, micro life insurance companies and foreign employment term life insurance companies have[...]

Non-life insurance company has a turnover of Rs 44.38 billion. 

. In the first 11 months of the current fiscal year, non-life insurance companies have done[...]