Cooperative Nepal Archives

Central Bank to be regulate cooperatives with turnover over NPR 500 million

The House of Representatives (HoR) has passed a proposal to amend the Nepal Rastra Bank Act, granting the central bank authority to regulate cooperatives with substantial transactions. The amendment, endorsed by the HoR on Wednesday, enables the Nepal Rastra Bank (NRB) to oversee, inspect, and supervise cooperative organizations with a share capital or annual turnover […]

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Cooperative victims and government sign MoU after months of protest

The government and cooperative victims have signed a seven-point Memorandum of Understanding (MoU). According to the MoU, the depositors of the cooperative organizations have suspended their sit-in protest, which was taking place in Maitighar Mandala on Thursday. A discussion was held at Singha Durbar on Thursday involving the Minister for Land, Cooperative, and Poverty Alleviation,

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Rally held demanding Cooperatives to pay back interest

An organization representing those whom Cooperatives have aggrieved has been on a sit-in for 45 days in Maitighar Mandal and has held a rally from Maitighar Mandala to Naya Baneshwar. They demanded an immediate return and assurance of deposit interest. This resulted in a push-and-shove between the police and them. The police have taken nearly

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Cooperative Nepal

Central Bank to be regulate cooperatives with turnover over NPR 500 million

Cooperative victims and government sign MoU after months of protest

Rally held demanding Cooperatives to pay back interest

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