Now the foreign reinsurance broker has to set up the office within 1 year of receiving the listing number.
In order to manage liquidity, the banking system has issued Rs. Nepal Rastra Bank to draw Rs 30 billion
Nepal Rastra Bank’s major surgery on installment companies, license cancellation and renewal of licenses
Installment companies will no longer be allowed to charge exorbitant interest and expensive fees, loans up to Rs 25 lakh will not require PAN