Nepal Reinsurance Company Announces Dividend

Apr 16, 2024 10:15 AM Merolagani

Nepal Reinsurance Comapny (NRIC) has announced dividend of the last FY.

The board of directors meeting of the company held on April 15 decided to propose 4.75 percent stock and 0.25 percent cash dividend for tax purposesto its shareholders. 

The proposed dividend is subjected to approval from Nepal Government, Nepal Insurance Authority and its upcoming AGM.

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Commercial Banks Cut Interest Rates, Again

Jul 15, 2024 09:22 AM

Commercial banks have published new interest rates for the upcoming month of Shrawan. As per the published notices, the average interest rates of the banks have declined for the upcoming month as well