बागमतीका पाँच समस्याग्रस्त सहकारीका ११४ ठूला ऋणीको नाम सार्वजनिक, तत्काल ऋण तिर्न आग्रहBagmati Committee Names 114 Big Borrowers of Five Troubled Cooperatives, Demands Immediate Repayment

KATHMANDU — The Problematic Cooperatives Management Committee under Bagmati Province has made public the names of 114 large borrowers of five cooperative institutions declared troubled. Under its decision on Friday, the committee has urged the named borrowers to immediately clear the loans they took from the respective cooperatives.

By number of borrowers, Darshan Savings and Credit Cooperative Ltd tops the list with 54 names. The disclosure also covers 31 borrowers of Sumeru Saving and Credit Co-operative Ltd, 13 of Laligurans Saving and Credit Co-operative Ltd, 11 of National Namobuddha Savings and Credit Cooperative Ltd and five of Civil Saving and Credit Co-operative Ltd.

The list was published on the basis of the loan records available to the committee, says committee member Rameshwar Dhakal. The step, according to the committee, is intended to make the recovery of the troubled cooperatives' money more effective and to ease the process of returning depositors' funds — in effect, a strategy of accelerating recovery by putting big defaulters under public pressure.

The money recovered from the loans, the committee says, will be channeled into the process of refunding depositors.

With large sums of depositors' savings stuck in cooperatives declared troubled amid the financial strains of recent years, the government and regulatory bodies have been stepping up loan recovery and asset management efforts. The latest move to publish borrowers' names marks a continuation of that drive.