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Expanding cooperative businesses call for integration with core financial system
August 23, 2020 09:00 am
KATHMANDU, Aug 23: The government has identified cooperatives as one of the three pillars of the Nepali economy, which have been handling a large chunk of financial resources of the country. However the sector has been left less integrated to banks and financial institutions that has led to high exposure of risks, said stakeholders of the cooperatives sector.
Stakeholders call for merger of cooperatives
June 16, 2019 07:44 am
KATHMANDU, June 15: Stakeholders in the cooperatives sector have urged cooperative organizations to merge, considering the steady rise in the number of cooperatives and traits of financial anarchy.
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