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MFIs agree to return Rs 1.60 bn that they had illegally collected from clients

KATHMANDU: Microfinance Institutions (MFIs) have agreed to return Rs 1.60 billion that they had taken in service charges from their clients concerned. In a meeting with Finance Minister Bishnu Pradsad Paudel on Wednesday, executives of the MFIs expressed their commitment to return the aforementioned amount at a time when...

MFIs agree to return Rs 1.60 bn that they had illegally collected from clients
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NRB to forbid BFIs from including capitalised interest from lending moratorium periods in profits

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