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Banks gave away Rs 13 billion interest waiver to borrowers during COVID-19 pandemic

KATHMANDU: Banks and Financial Institutions (BFIs) have given interest waiver of around Rs 13 billion to the borrowers during the COVID-19 pandemic in line with the directive of the Nepal Rastra Bank (NRB). According to the Nepal Bankers ‘Association (NBA), the umbrella organization representing 27 commercial banks of the...

Banks gave away Rs 13 billion interest waiver to borrowers during COVID-19 pandemic
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