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The Insurance Authority has issued a list of new arrangements and instructions to microinsurance companies. 1
Business | Market | Economy

The Insurance Authority has issued a list of new arrangements and instructions to microinsurance companies.

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  The Insurance Authority has recently prioritized working with micro-insurance companies. The authority recently granted licenses to seven new microinsurance companies. Previously, the Nepal Insurance Authority issued a notice inviting applications from companies interested in operating a micro-insurance company in Nepal. Similarly, three micro life insurance companies and four micro non-life insurance companies were chosen […]

The suspension of a broker license has resulted in the freezing of approximately Rs. 12 Arba in capital. 5
Business | Market | Economy

The suspension of a broker license has resulted in the freezing of approximately Rs. 12 Arba in capital.

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  One company applied for a stock dealer license in the previous seven months, while 45 companies applied for stock broker licenses. Nonetheless, all procedures had been halted as a result of the Supreme Court’s directive. Seven months later, the broker license has been suspended, resulting in the freezing of approximately Rs. 12 Arba in

NMB Bank's "10.75% NMB Debenture 2089/90" is now available; minimum applications are for 25 units. 7
Business | Market | Economy

NMB Bank’s “10.75% NMB Debenture 2089/90” is now available; minimum applications are for 25 units.

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NMB Bank Limited (NMB) is releasing 40,00,000 units of “10.75% NMB Debenture 2089/90″ to the general public and institutions today, Chaitra 21st.   The debenture, which has a maturity period of 10 years and a coupon rate of 10.75%, is available for application from today to the 24th Chaitra, 2079.  If the issue is not fully subscribed, the deadline can be pushed back to Baisakh 5, 2080.  

From the 21st Chaitra, Prime Commercial Bank will auction 9,00,000 units of promoter shares to the general public and institutions. 13
IPO | FPO, Business | Market | Economy

From the 21st Chaitra, Prime Commercial Bank will auction 9,00,000 units of promoter shares to the general public and institutions.

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The existing promoters of Prime Commercial Bank Limited are auctioning off 9,00,000 units of promoter shares to the general public from the 21st Chaitra to the 29th Chaitra, 2079. A total of 9,00,000 promoter shares will be auctioned off. Individual investors, businesses, and institutions can all bid in an auction. The minimum bid is Rs.

Till the eighth month of FY 79/80, life insurance companies collected an impressive premium of Rs. 93.75 Arba. 15
Business | Market | Economy

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

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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

IPO Warning! City Hotel Limited will issue initial public offering (IPO) shares to Nepalese citizens working abroad and the general public. 19
IPO | FPO

IPO Warning! City Hotel Limited will issue initial public offering (IPO) shares to Nepalese citizens working abroad and the general public.

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  City Hotel Limited has issued an offer letter to Nepalese citizens working abroad and the general public in preparation for its Initial Public Offering (IPO). From the 21st Chaitra, 2079, the company will issue 1,67,400 unit shares of Rs 100 face value to Nepalese citizens working abroad. This issue will be closed on the

How to Renew Driving License in Nepal 23
Government Related

How to Renew Driving License in Nepal

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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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