102-point instructions of the cooperative department to improve the cooperative sector

Shrawn 1, 2082

Kantipur Reporter

102-point instructions of the cooperative department to improve the cooperative sector

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The Department of Cooperatives has issued 102-point instructions for improving the cooperative sector.

According to the department's instructions, the loan investment of more than 300,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000.

The department has instructed that the organization should maintain less than 5 percent of bad loans, classify the loans as good, poor, doubtful and bad based on the installment interest payment and classify the loans as active and inactive. In the classification made in this way, there is also an instruction that the loss should be arranged based on the quality of the loan . According to which, the department has instructed that 1 percent should be imposed on loans that have not been overdue for three months, 25 percent for bad debts that have been overdue for 3 to 6 months, 50 percent for questionable loans that have been overdue for 5 to 12 months, and 100 percent for bad debts that have been overdue for more than 12 months. 

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Kantipur

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