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Bankers discontent over central bank’s new rule of not blacklisting defaulters before auctioning their securities
December 3, 2023 21:12 pm
KATHMANDU, Dec 3: Bankers have expressed their dissatisfaction over the Nepal Rastra Bank (NRB)’s newly enforced rule on blacklisting of the loan defaulters.
BFIs blacklist around 4,000 loan defaulters in eight months of current fiscal year
April 4, 2021 06:30 am
KATHMANDU, April 4: Banks and financial institutions (BFIs) blacklisted as many as 3,942 individuals and firms on charge of defaulting loans during the eight and a half months of the current fiscal year from mid-July 2020 to March-end 2021, despite Nepal Rastra Bank (NRB)’s repeated direction for not blacklisting the firms failing to clear their loans due to COVID-19.
Over 300 loan defaulters added to blacklist as fiscal year nears end
July 12, 2020 08:41 am
KATHMANDU, July 12: Banks and financial institutions (BFIs) have blacklisted more than 300 individuals and firms just in the past three weeks of the last month of the current fiscal year.
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