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Life Insurance Companies in Nepal Achieve Remarkable Premium Collection of Rs. 61.75 Arba in the First Five Months of FY 2080/81 3
Business | Market | Economy

Life Insurance Companies in Nepal Achieve Remarkable Premium Collection of Rs. 61.75 Arba in the First Five Months of FY 2080/81

During the first fifth month of the fiscal year 2080/81, life insurance companies in Nepal achieved an impressive milestone by collecting a substantial amount of premiums totaling Rs. 61.75 Arba. This significant premium collection resulted from a cumulative total of 13,754,483 active insurance policies held by policyholders until the month of Mangsir. A report published […]

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"Intense Competition Propels Life Insurers to Collect Rs. 1.42 Kharba in Premiums Until Ashad" 5
Business | Market | Economy

“Intense Competition Propels Life Insurers to Collect Rs. 1.42 Kharba in Premiums Until Ashad”

  Life insurance companies are currently in a strong competition to increase their premium collections. In the fiscal year 2079/80, until the month of Ashad, they collected a significant amount of Rs. 1.42 Kharba in premiums. This achievement was made possible by the hard work across 1.41 crore active insurance policies. According to a report […]

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"HBL and NIMB Call on Shareholders to Collect Pending Dividends" 7
Dividend

“HBL and NIMB Call on Shareholders to Collect Pending Dividends”

  Shareholders who have not yet collected dividends approved during the company’s annual general meetings (AGMs) are required to submit their share certificates and identification proof to Himalayan Capital Limited, located in Thamel, Kathmandu. This is necessary along with copies of relevant documents to claim the pending dividends. If this step is not taken, in […]

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"9% Nabil Debenture 2087" Added to SEBON's Pipeline; Nabil Bank to Collect Rs 3 Arba from the Issue. 9
NEPSE NEWS

“9% Nabil Debenture 2087” Added to SEBON’s Pipeline; Nabil Bank to Collect Rs 3 Arba from the Issue.

  SEBON Adds “9% Nabil Debenture 2087” to Pipeline with Rs 3 Arba Size SEBON, the Securities Board of Nepal, has included “9% Nabil Debenture 2087” in its pipeline. The debenture has a total size of Rs 3 Arba. Nabil Bank Limited will issue 30 lakh units of debenture at Rs 1000 per unit. Out […]

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Janaki Finance's net profit falls by 70.76%. 11
Business | Market | Economy

Janaki Finance’s net profit falls by 70.76%.

Janaki Finance Limited (JFL) reported a 70.76 percent decrease in net profit in the third quarter (Q3) of fiscal year 2079/80. According to a report released today by the financing company, its net profit fell to Rs 1.53 crore in the third quarter from Rs 5.24 crore in the previous quarter. In Q3, Janaki Finance […]

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Till the eighth month of FY 79/80, life insurance companies collected an impressive premium of Rs. 93.75 Arba. 13
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 […]

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The government's spending exceeds its revenue by Rs 1.56 Kharba. 15
Business | Market | Economy

The government’s spending exceeds its revenue by Rs 1.56 Kharba.

  For the first eight months of the current fiscal year 2079/80, the government’s budget deficit exceeded Rs. 1.56 Kharba. By the end of Falgun, the government had spent 7.79 Kharba of its budget, but had only collected 6.22 Kharba in total revenue. Meanwhile, only 22.15% of capital expenditure (CAPEX) is used until the end […]

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Prabhu Smart Fund Offers 255% Dividend Yield in 10 Years 17
Dividend

Prabhu Smart Fund Offers 255% Dividend Yield in 10 Years

The second plan of the Prabhu Capital Collective Investment Fund is now available for issue and sale as of 18 Falgun 2079. This fund issued 8 crore units worth Rs 80 crore at a fixed price of Rs 10 per unit. Prabhu Bank Ltd is the fund promoter of this plan, while Prabhu Capital Limited […]

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Last day to deposit remaining payment of Trishuli Jal Vidhyut Company IPO shares 19
IPO | FPO

Last day to deposit remaining payment of Trishuli Jal Vidhyut Company IPO shares

Trishuli Jal Vidhyut Company Limited (TJVCL) will begin collecting the remaining sum for the shares offered to the general public today, the 17th of Falgun. The collection began on 18th Mangsir, 2079. From the 7th to the 11th Chaitra, 2075, the company issued 3,705,000 units of IPO shares with a par value of Rs. 100 and an […]

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