KATHMANDU, Nov 8: The committee formed by Nepal Rastra Bank (NRB) to resolve the problems of microfinance institutions has shown that 418,722 borrowers have taken loans from two or more microfinance institutions.

KATHMANDU, July 25: Nepal Rastra Bank (NRB) Governor Maha Prasad Adhikari has said that special arrangements will be made for borrowers who are in trouble due to various natural disasters.

KATHMANDU, May 7: Although commercial banks of Nepal have started offering easy loans to their clients due to sufficient amounts of loanable funds, they are unable to raise the demand for loans from the borrowers.

KATHMANDU, May 18: Nepal Rastra Bank (NRB) has sought to waive the cash fines and ‘late fees’ to borrowers of banks and financial institutions (BFIs) for the period of prohibitory orders provided they are unable to pay back the loan amount on time.

KATHMANDU, Jan 10: Nepal Rastra Bank (NRB), the country’s central bank, has started an enquiry against the banks that have been blamed for mounting undue pressure on the borrowers to clear their loans.

DHANGADI, July 26: Bhojraj Biswakarma (45) living in Dhangadi-7, Kailali, made a decision to start a business. He had 11 and a half kathha of land. And that was all. He did not have a job.