Nepal Insurance Authority deploys massive capital reserves into high yield fixed deposits

ictframe.com · 5 days ago

The Nepal Insurance Authority has initiated a competitive bidding process for commercial and development banks to invest its capital reserves in high-yield fixed deposits. This move, guided by corporate governance and aimed at securing stable returns, requires participating banks to submit sealed proposals within seven days. The selection process emphasizes not only offered yields but also the financial health and risk metrics of the bidding institutions.