Stories Tagged 'Loans'
Industrialists in this southern economic hub vented anger at high bank interest rates by declaring on Tuesday that they would not pay the monthly instalment if banks did not bring down the rates.
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Loan supply has fallen behind demand as banks haven’t been able to collect deposits
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The government’s budgetary allocation to disburse loans for start-ups taking academic certificates of Nepali youth as collateral has drawn cynicism from a section of experts in Kathmandu.
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The World Bank has agreed to provide financial assistance to the Roads Department to build 14 bridges on the Muglin-Narayanghat road, the Kathmandu Valley’s key supply line which is currently being upgraded from single lane to double lane.
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Haphazard credit disbursement that created irreparable holes in the balance sheet of erstwhile Apex Development Bank has exposed long-suspected counterintuitive practice of ‘evergreening’ of bad loans in the banking sector, which could contaminate and even bring down the entire financial sector.
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Tags: loansbanks
The National Reconstruction Authority (NRA) has called on stakeholders to ease the process of providing grant to the Gorkha Earthquake survivors.
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