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Central bank cracks down on over a dozen microfinance institutions; Corrective action ordered for NADEP and Abhiyan

KATHMANDU: Nepal Rastra Bank has taken regulatory action against more than a dozen microfinance institutions (MFIs) during the second quarter of the current fiscal year 2025/26 (FY 2082/83 BS), citing non-compliance with prudential directives and supervisory standards. According to the central bank, NADEP Microfinance and Abhiyan Microfinance have been...

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