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Mahalaxmi Bikas Bank introduces new home and business loan schemes, lowering the interest rate to 12.99% with a special service charge discount. 1
Business | Market | Economy

Mahalaxmi Bikas Bank introduces new home and business loan schemes, lowering the interest rate to 12.99% with a special service charge discount.

  In addition to the new year’s special offer, the bank is offering a 0.25% discount on the service charge for both of these loan schemes for female home/business owners for a limited time. According to the media statement, borrowers can also receive up to 100% of the cost of the home/building as a loan […]

Nerude and Mirmire Laghubitta Sign Merger Agreement 3
Business | Market | Economy

Nerude and Mirmire Laghubitta Sign Merger Agreement

  According to the Nepal Stock Exchange, the final merger agreement between Nerude Laghubitta Bittiya Sanstha Limited (NLBBL) and Mirmire Laghubitta Bittiya Sanstha Limited (MMFDB) has been completed and approved (MEPSE). Poush 11, where the chairman of both organizations signed a memorandum of understanding for merger, the companies had signed a memorandum of understanding for

Prudential Insurance Corporation supports 3.32% bonus shares and 0.17% cash dividend. Prudential Insurance Corporation supports 3.32% bonus shares and 0.17% cash dividend. 7
Dividend

Prudential Insurance Corporation supports 3.32% bonus shares and 0.17% cash dividend. Prudential Insurance Corporation supports 3.32% bonus shares and 0.17% cash dividend.

Prudential Insurance had its 21st Annual General Meeting (AGM) on Chaitra 16, 2079, under the chairmanship of Mr. Vishal Agrawal.   Apart from standard financial reports, the AGM approved a taxation proposal of 3.325% bonus shares and 0.17% cash dividend. According to the media announcement, the company’s paid-up capital would increase to Rs 1.22 arba.

Till the eighth month of FY 79/80, life insurance companies collected an impressive premium of Rs. 93.75 Arba. 11
Business | Market | Economy

Till the eighth month of FY 79/80, life insurance companies collected an impressive premium of Rs. 93.75 Arba.

Insurance companies are competing with one another to collect more premiums. Out of its 1.4 crore total active insurance policies, life insurance companies collected a total premium of Rs. 93.75 Arba during the fiscal year 2079/80. According to a report published by the Nepal Insurance Authority, Nepal Life Insurance Company Limited collected Rs. 24.37 Arba

How to Renew Driving License in Nepal 17
Government Related

How to Renew Driving License in Nepal

You need to renew your driving license in Nepal every 5 years and it can be done through any Transport Management office. Even though there are only a few steps to license renewal in Nepal, it almost takes 2 to 3 hours. As offices are closed on weekends and so is the DOTM Nepal most of us need to

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