Govt begins refund of deposits to small savers of troubled cooperatives
▸ Part of: Government begins refunding small depositors of troubled cooperatives
The government has started returning deposits to small savers affected by troubled cooperatives. The Problems Cooperatives Management Committee distributed funds to 378 small depositors from Kantipur Cooperative, Shiv Shikhar Multipurpose Cooperative, and Pashupati Cooperative. Priority is being given to depositors with smaller savings, with refunds to be gradually distributed based on classification. Efforts to recover loans from cooperatives are also being intensified.
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