Kumari Bank Issues 35 Day Loan Repayment Notice to Multiple Borrowers Including Collateral Details and Guarantors
▸ Part of: Kumari Bank Issues Loan Repayment Notice; Other Banks Warn of Scams and Announce Share Conversions
Kumari Bank Limited has issued a public notice requiring multiple borrowers to repay outstanding loan liabilities within 35 days, including principal, interest, and charges. The bank is taking this action due to prolonged non-compliance despite previous reminders. Specific cases highlighted involve Deepika Katuwal and her business Aacts Music Store, Chheda Lama, and a joint ownership case with Yung Bahadur Tamang and Bayan Bahadur Tamang, detailing collateral and guarantors. Failure to comply will result in legal recovery actions, including public auction of mortgaged properties and blacklisting by the Credit Information Center.
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