KATHMANDU, July 14: Rabi Lamichhane, president of Rastriya Swatantra Party (RSP), has warned that the parliament will be obstructed if the bill to curb loan sharking is not introduced in the next meeting.
JANAKPURDHAM, April 6: When victims of loan sharking from Madhesh Province are presently in the Federal Capital Kathmandu, seeking justice, the Harawa-Charawa (agricultural bonded laborers) community here are all set to embark on a journey to the Province capital Janakpur for their rights.
KATHMANDU, April 2: Deputy Prime Minister and Minister for Home Affairs Narayan Kaji Shrestha has assured the agitating victims of predatory lending that their problem will be resolved. Minister Shrestha’s remarks come after the government reached an agreement with them to address their problems.
KATHMANDU, March 28: The government is preparing to take a decision to send the draft law related to loan-sharking to parliament. Surya Kiran Sharma, Press coordinator of Prime Minister Pushpa Kamal Dahal informed Republica that the meeting of the Council of Ministers which will be held this afternoon will finalize the draft of the law and submit it to parliament.
KATHMANDU, June 10: Prime Minister Sher Bahadur Deuba has directed authorities to arrest Ramdev Teli, a lender accused of charging exorbitant interest against personal loans he issued to individuals, and carry out investigations against him.