KATHMANDU, Dec 31: The cooperatives of Nepal have fallen into financial crisis one after another due to their excessive investment in real estate, automobiles and other unproductive businesses.

KATHMANDU, August 17: The Department of Cooperatives (DoC) has barred cooperatives from issuing loans in real estate businesses, citing soaring liquidity crisis and increasing number of cooperatives falling into problems due to their excessive exposure on realty investment.