Depositors of 5 troubled cooperatives are being refunded

About 90 million rupees have been collected to refund the money to savers.

Ashad 30, 2083

RSS

Depositors of 5 troubled cooperatives are being refunded

We use Google Cloud Translation Services. Google requires we provide the following disclaimer relating to use of this service:

This service may contain translations powered by Google. Google disclaims all warranties related to the translations, expressed or implied, including any warranties of accuracy, reliability, and any implied warranties of merchantability, fitness for a particular purpose, and noninfringement.

The Bagmati Province, Problematic Cooperative Management Committee Office is returning the savings of small savers of five problematic savings and credit cooperatives from today.

Committee member Rameshwor Dhakal informed that the savings of small savers of Civil Savings and Credit Cooperative, Darshan Savings and Credit Cooperative, Sumeru Savings and Credit Cooperative, National Namobuddha Savings and Credit Cooperative and Laligurans Savings and Credit Cooperative, which have been declared problematic, are going to be returned up to a maximum of Rs. 100,000.

Bagmati Province Chief Minister Indra Bahadur Baniya will launch the return of savings at a program organized at the Provincial Good Governance Center in Jawalakhel, Lalitpur today. A few days ago, a discussion in the presence of Chief Minister Baniya decided to return the savings of small savers of those cooperatives.

Committee member Dhakal said that preparations are being made to return the savings of small savers by mid-Ashar. The committee has completed the work of 'verifying' the details of the savers.

About 90 million rupees have been collected to return the money to the savers. The committee has planned to return up to Rs 100,000 to savers of Civil, Sumeru, Laligurans and Namobuddha cooperatives and up to Rs 10,000 to savers of Darshan cooperatives. Along with this, about 3,000 small savers of the five cooperatives will get the money back, informed committee member Dhakal.

The committee had made public the names of 114 big borrowers of those cooperatives that were deemed problematic on Jestha 22 and urged them to repay the loans taken from the cooperatives immediately.

RSS

Link copied successfully