Category/exclusive-news (Total Articles : 2586 )
Santosh Prasai appointed CEO of Nepal Life Insurance Company
Kathmandu. Santosh Prasai has been appointed as the Chief Executive Officer (CEO) of Nepal Life Insurance. The board of directors of the company, which met on Tuesday, February 10, has decided to appoint acting CEO Prasai as the CEO.The Board...
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Machhapuchhre Bank launches remit app for the first time in Nepal
Kathmandu. Machhapuchhre Bank Limited has launched the remit app first time in the history of Nepali Commercial Bank. The bank has launched Sae app. The bank has said that the app has been made public to make it easier to send...
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Nepal Life Insurance Company profit increased by 31 percent
Kathmandu. Nepal Life Insurance Company Limited has increased its profit by 31.40 percent in the first six months of the current fiscal year. The company has made a net profit of Rs 429.7 million as of mid-January. This profit is not linked to the profit...
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Nepal Life Insurance earned Rs 17 billion premiums in six months
Kathmandu. For the first six months of the current Fiscal Year, Nepal Life Insurance Company Limited paid Rs. 17.40 billion 69.72 million total premium has been earned. During the same period last year, the company earned Rs. The total premium earned was Rs 14.72 billion.
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Unilever Nepal earned Rs 131.5 million net profit
Kathmandu. By the second quarter of the current Fiscal Year, Unilever Nepal Limited had disbursed Rs. It has made a net profit of Rs. 131.5 million. The profit was Rs. 237.5 million. The company's net profit has dropped by about 45 percent this year compared...
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67 percent of industries are still at a loss in Nepal
Kathmandu. The Ministry of Industry, Commerce and Supplies has released a study report on the impact of COVID-19 on the loss of most industries and businesses. According to a study conducted by the ministry, 67.56 percent of industries and businesses are at a loss. Only...
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NIC Asia Bank Jobs Vacancy, Apply on Online
Kathmandu. NIC Asia Bank has created jobs for SLC graduates to post graduates. Announcing the information on Thursday, the bank has opened the application for Assistant Trainee and Management Trainee.The bank has demanded some number of employees for the branch...
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Improve the credit flow of banks and financial institutions
Kathmandu. Loans to the private sector from banks and financial institutions have improved by about 3 percent. Loans from banks and financial institutions to the private sector increased by 11.4 percent in the first six months of the current fiscal year. Such loans had increased...
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The NEPSE index increased by 8.66 points to 2543.03 points
Kathmandu: The stock market index rose by 8.66 points on Wednesday and stopped at 2543.03 points. Despite the rise in the Nepse index on Wednesday, the transaction amount has declined. The market, which had a turnover of Rs 10 billion in the previous trading days,...
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Suman Sharma appointed CEO of Sunrise Bank
Kathmandu. Suman Sharma has been appointed as the Chief Executive Officer (CEO) of Sunrise Bank. A meeting of the bank's board of directors on Wednesday decided to appoint banker Sharma as CEO for four years.He was earlier the Chief Executive...
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Citizens Bank acquire to Sirjana Finance
Kathmandu. Citizens Bank International Limited is going to acquire Sirjana Finance Limited, headquartered in Biratnagar, which has a Class C license from Nepal Rastra Bank. A preliminary agreement was signed with the company on Wednesday. The agreement was signed by Prabal Jung Pandey, Director and...
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NIC Asia Bank launched Celebrate Love with NIC Asia Bank
Kathmandu. NIC Asia Bank has unveiled a plan called 'Celebrate Love with NIC Asia Bank'. The bank has introduced the scheme for its customers as a continuation of dynamic banking on the occasion of Valentine's Day, which is celebrated on February 14.
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Approval of NRB Not required for foreign investment
Kathmandu. Now, prior approval of Nepal Rastra Bank is not required for the foreign investment in Nepal.The current approval of foreign investment is being sought by modifying the current system of not allowing foreign investment in Nepal without the prior...
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Why Sunrise Bank CEO Janak Sharma resigned ?
Kathmandu. Sunrise Bank Chief Executive Officer Janak Sharma Poudyal has resigned. Poudel, who has been in controversy since the day of his appointment, had submitted his resignation to the board of directors a few months ago but was stopped by the chairman of the committee.
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Green Life Hydropower IPO 1.3 million more people applied
Kathmandu. Green Life Hydropower Limited's IPO has received 1,337,942 applications till 5 pm on the last day. According to CDS and Clearing Limited, purchase applications have been received from these applicants for 2,39,76,600 lots. Which is 7.37 times more than the demand.
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