On April 13, 2023, Federal Reinsurance Brokers Limited and Banking Finance and Insurance Institute of Nepal Limited signed a Memorandum of Understanding (MOU) to form a long-term strategic alliance in the areas of training, research, and consulting for the insurance sector’s capacity development. Ms. Alpana Sharma, Company Secretary, and Mr. Saurav Baral, Research Analyst of FRBL, and Ms. Nishu Bhagat, Manager, and Mr. Matiram Paudel, Account and Admin Officer of BFIN, signed the Memorandum of Understanding.
Highlights:
- The NEPSE Index fell 60.88 points to close at 2,121.75.
- With a staggering turnover of Rs. 3.362 Arba, the NEPSE Index soared by a whopping 76.64 points.
- The NEPSE Index rises 12.43 points to close at 2,182.61.
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- The revenue generated by Ankhukhola Hydropower has decreased by 10.43% to Rs. 12.23 crores.