Home circular to arrest bank employees who go door-to-door to collect loans
Kathmandu. The Ministry of Home Affairs has directed the Chief District Officer CDOs across the country to take action against the employees of banks and financial institutions who physically and mentally torture, misbehave or create illegal pressure on common people during debt collection.
According to the decision of the Council of Ministers on the 12th of August, the Ministry issued a circular to all the district administration offices and instructed them to control the illegal activities in the name of debt recovery and to take action against the persons and organizations involved in such activities in accordance with the prevailing law.
The Ministry of Home Affairs has said that the circular was issued during the implementation of the agreement reached on August 6 between the Government of Nepal and the 'Rash, Nationality, Religion, Culture and Civil Protection Campaign'. In the letter signed by Dinesh Neupane, Branch Officer of the Ministry, unlimited and illegal activities during debt recovery are clearly prohibited.
Express
Related News
Testing of Kohalpur-Surkhet 132 KV Power Transmission Line
Surkhet. The much awaited Kohalpur Surkhet 132 KV power transmission line has been tested. After the construction of the project was completed, the line was tested on Friday. With the completion of the construction of 132 KV transmission line, it...
Import of 31 billion through Rasuwagadhi crossing, export of dry grass from Nepal
Kathmandu. In the nine months of the current financial year, goods worth Rs. 31 billion 30 million have entered through Rasuwagadhi, an important point of trade between Nepal and China. Among the materials imported through the border are roll clot...
Financial management of Tila 1 hydropower project led by NMB Bank
Kathmandu. NMB Bank Limited has successfully completed the financial management as the lead bank for the Tila 1 Hydropower Project located in Calikot district with a capacity of 440 MW according to the production permit. Promoted by SC Power Compa...
Bhujung Hydropower will issue an IPO to the general public from January 12
Kathmandu. Bhujung Hydropower Limited is going to issue an IPO for the general public from this January 12th. The company has issued and distributed the IPO to local residents affected by the project and Nepalese who have gone abroad for employmen...
NEPSE decreased by 10 points, turnover exceeded 5 billion!
Kathmandu. On Sunday, the first day of the week, the NEPSE index fell by 10.29 points to 2,610.63. About 1.3 million shares of 323 companies were traded, with a total turnover of 5.01 billion rupees. Out of the 13 sub-groups, hotels, manufacturing...
Nepal Rastra Bank is issuing 25 billion bonds today
Kathmandu. Nepal Rastra Bank today is going to issue 'Nepal Rastra Bank Bond 2084' with a one-year period worth 25 billion. The Monetary Management Department of the National Bank has issued a notification and said that it is going to issue the bo...



