Monday, March 10th, 2025
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KATHMANDU: The government is set to control the cooperatives after they were found providing interest against the existing rules.
The cabinet last week endorsed cooperatives regulations-2019 to curb the current interest rate cooperatives are providing.
Nepal Rastra Bank has been introducing provision of ‘base interest’ for banks and financial institutes for the last few years.
Publish Date : 10 May 2019 08:10 AM
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