Search
Tag: Loan Recovery
Nepal relaxes loan rules, yearly tax clearance no longer mandatory for borrowers
Getting a bank loan in Nepal is set to become a little easier. Nepal Rastra…
NIC Asia moves to auction more properties over unpaid loans
NIC Asia Bank has issued a second 7-day notice to auction the collateral of 150…
Muktinath Bikas Bank profit jumps 7.5 Times
Muktinath Bikas Bank has achieved remarkable financial growth in the fiscal year 2081/82. The bank’s…
Misuse of subsidized loan in Nepal: Weak oversight blamed
A recent study by Nepal Rastra Bank (NRB) has revealed that the misuse of subsidized…
Significant improvement in loan recovery, SPIL’s financial report anticipation
As the fiscal year 2081/82 came to a close, banks across Nepal recorded significant improvements…
Government forms loan recovery tribunal for cooperatives
The government has created a special Loan Recovery Tribunal to handle loan-related issues in cooperative…