Mahaprasad Adhikari, Governor of Nepal Rastra Bank, has said that the present problem has arisen in the cooperative sector to collect unlimited savings.

Speaking at the meeting of the Parliamentary Investigation Special Committee on Cooperative Institution Savings Misuse held at Singhdarbar on Monday, Chairman of the Committee Surya Bahadur Thapa Chhetri informed that he held that opinion.

According to President Thapa, the governor officer did not set geographical limits, unlimited savings were allowed to be collected, savings were collected in other ways, there was no effective presence of the regulatory body, there was no regulatory body, the regulation was given less importance and supervision was not done. He said that today's dire situation has appeared.

Sunil KC, Chairman of Bankers Association, Gunakar Bhatta, Chairman of Credit Information Center and coordinator of the latest Cooperative Suggestion Committee Dr. We also invited Jayakant Raut. We have asked them for suggestions on issues including the impact of the crisis in the cooperative sector on the overall financial system. It has been intensively discussed'  President Thapa said, 'Mainly, there are no geographic limits, unlimited savings are allowed to be collected, savings are collected in other ways, there is no effective presence of the regulatory body, there is no regulatory body, regulation is given less importance because the cooperatives should be self-regulated and there is no supervision. Mahaprasad Adhikari, as the head of the Central Bank, has spoken about today's dire situation. To solve this, it has been said that the second tier institution, which has been rising since the beginning, should be made a regulatory body.'