Refund process for small depositors of crisis-hit cooperatives starts

Part of: Landless Squatters Demand Land Ownership, Announce Protests Across Nepal

The government has begun returning savings to small depositors affected by troubled cooperatives across Nepal. The Problematic Cooperative Management Committee initiated refunds for 378 small depositors from three crisis-hit cooperatives. Officials estimate that around Rs 46 billion must be returned to nearly 76,000 depositors linked to problematic cooperatives, with priority given to those with smaller balances.

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