Prabhu Life Insurance adds 3 more branches in Nepalgunj, Ghorahi and Butwal

Thu, Feb 7, 2019 9:49 AM on Corporate, Latest,

Prabhu Life Insurance has brought into operation its 3 new branches in Nepalgunj, Ghorahi and Butwal. All three latest branches were inaugurated by chairman of the insurance company Dr. Aatmaram Ghimire on Magh 20, 21 and 23 respectively amid separate events.

The event was also attended by chairman of Shangrila Development Bank Mr. Achyut Prasad Prasai, chief of Nepalgunj Labour Office Mr. Haricharan Chaulagai, Acting CEO of the life insurance Mr. Kishor Prasad Lamichhane, among others.

The new life insurance is yet to issue Rs 60 crore of IPO shares to meet the regulatory margin of Rs 2 arba.