IN brief

HBL’s branch

KATHMANDU: Himalayan Bank Ltd (HBL) inaugurated its 19th branch in Palpa on Thursday. The bank has reduced its NPA to 1.84 per cent from 2.36 per cent. The deposit base of the bank has also grown to above Rs 32.45 billion and the loan portfolio is over Rs 21.35 billion. — HNS

Insurance plan

KATHMANDU: National Life Insurance Company Ltd has introduced its new service ‘Baal Amrit Insurance’, a term insurance for the secure future of children. Insurance can be taken for children up to 10 years of age. The duration of the insurance policy is minimum 11 years. — HNS

Kist new branch

KATHMANDU: Kist Merchant Banking and Finance Ltd opened its 17th branch office in Chitwan on Wednesday. The company is planning to open branch offices at Dolakha, Bhaktapur, Banepa, Ratna Nagar, Koteshwor and Sinamangal. — HNS

JP’s offer

KATHMANDU: John Players (JP) has extended its 35 per cent discount offer on every purchase till February 23. The offer is available at John Players outlets in Kathmandu and Biratnagar and select outlets across Nepal. — HNS

UTL bonanza

KATHMANDU: United Telecom Ltd (UTL), on the occasion of coming Valentine’s Day has introduced a special offer of free connections — two U-Sims for the price of one. Anyone who buys a U-Sim for Rs 500 will get one free and each U-Sim comes with free talk time worth Rs 600. People joining the UTL network will get a free connection for every paid connection purchased between Friday and Saturday, according to UTL. — HNS

Tourism promo

KATHMANDU: The 70th edition of Travel and Tourism Fair and Outbound Travel Mart, India’s largest travel event kicked off here on Thursday to spread the message among tourists that the year is still good for them despite the gloom of global financial meltdown. Nepal Tourism Board is among 200 organisations taking part in

the three-day tourism fair in New Delhi. — HNS