Kathmandu; Nepal Rastra Bank has issued a circular to the BFIs to amend their interest rates for the current month Kartik. The central bank has interven in the fixation of interest rates offered by bank and financial institutions (BFIs). It has issued a circular to all BFIs and instructed to amend their interest rate within[...]

US stock market fuels wealth inequality during Covid19 pandemic

Insurance Khabar

१ दिन अगाडी

Kathmandu: The ongoing Covid19 epidemic has exacerbated the unequal distribution of wealth in the United States of America. According to data released by the Federal Reserve, 10 per cent of Americans have taken control of 89 per cent of the capital market amid stock market fluctuations since the Covid19 epidemic. According to local media CNBC,[...]

Kathmandu:The report has been prepared by a four-member study committee formed by the Insurance Board to issue a license to a microinsurance company.The study committee submitted its report on Monday. The committee concluded that the penetration of microinsurance in Nepal is below 10 percent and a separate company is needed to expand its reach.A survey[...]

NEWS

Kathmandu: With the increase in the use of electronic payments, the turnover from ConnectIPS operated by NCHL has increased significantly during the Dashain festival. From Ghatsthapana (Ashwin 21) to...

Kathmandu:The report has been prepared by a four-member study committee formed by the Insurance Board to issue a license to a microinsurance company.The study committee submitted its report on...

Kathmandu: Reliance Life Insurance has introduced money back plan ‘Barsik Dhan Barsa’. Under this insurance plan, the insured has the facility to receive an annual money back of 5...

Kathmandu: Nepal Investment Bank has introduced a fixed deposit scheme that will double in eight years. The bank has announced a fixed deposit scheme to double the amount deposited...

Kathmandu: Sanima Bank Limited is strategically expanding its full-fledged branch network in the Kathmandu Valley. The management of Sanima Bank has recently emphasized on strategic branch expansion. Five new...

Kathmandu: Government of India resumes COVID-19 vaccine export to neighboring countries including Nepal. The Ministry of External Affairs said the government has today announced that the supplies has been...