Amendment to Cooperatives Ordinance: Ban on Savings and Credit Transactions to Cooperatives

Kathmandu. The government has banned cooperatives including NEFSCUN from trading savings and loans. The government has[...]

Strict action against cooperatives: From freezing assets of directors, borrowers and employees to banning foreign travel

Kathmandu. The government has tightened the crackdown on the problematic cooperatives. In order to tighten the[...]

‘Cyclical Relief Fund’ to return cooperatives’ savings, what are the new provisions?

Kathmandu. The government has put forward a provision to set up a 'Circular Relief Fund' to[...]

Who was added to the definition of family and relatives? Stringent Standards in Savings and Credit Cooperatives

. The government has issued an ordinance related to cooperatives by making important amendments to the[...]

President issues ordinance on cooperatives

Kathmandu. President Ram Chandra Poudel today issued the ordinance related to cooperatives. President Poudel issued the[...]

Non-performing loans of commercial banks increased, lowest in Everest, how much of others?

Kathmandu. The non-performing loans of commercial banks have been increasing on average. The non-performing loans of[...]

Promoter shares of Himalayan Ree and 7 Micro Insurance companies purchased at premium: Department of Money Laundering Investigation seeks details

Kathmandu. The Department of Money Laundering Investigation has sought details from Himalayan Reinsurance Company and 7[...]

Garima Bikas Bank customers to get discount at two hospitals

Kathmandu. Customers of Garima Bikas Bank will get discount on the treatment services of Om Hospital[...]

16 more cooperatives to be declared problematic: Minister Rawal

Kathmandu. Minister for Land Management, Cooperatives and Poverty Alleviation, Pratibha Rawal, has said that the Ministry[...]

Prabhu Bank changes banking timings

Kathmandu. Prabhu Bank's banking timings have changed. According to the bank, the regular banking service has[...]

Nepal Rastra Bank to withdraw Rs 120 billion from banking system today

Kathmandu. KATHMANDU: Nepal Rastra Bank (NRB) has decided to absorb deposits worth Rs 120 billion in[...]

More than 1,000 political appointments to be scrapped, what will happen to Governor Bishwa Poudel?

 Kathmandu. KATHMANDU: The Rastriya Swatantra Party (RSP)-led government has decided to scrap more than a thousand[...]