Kumari Bank Limited Issues Final 35-Day Warning to Chronic Loan Defaulters Nationwide
▸ Part of: Nepal Banks Intensify Debt Recovery and Asset Liquidation Efforts
Kumari Bank Limited has issued a final 35-day warning to chronic loan defaulters nationwide, initiating legal measures to recover non-performing assets. The bank is urging borrowers to settle all outstanding liabilities, including principal, interest, and penalties, before the deadline to avoid seizure and public auction of collateral and subsequent blacklisting by the Credit Information Center.
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