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Nepal Rastra Bank extends installment payment deadline to Bhotekoshi flood-affected borrowers till mid-January

अर्थ सरोकार

Kathmandu. Nepal Rastra Bank has extended the deadline for repayment of loan installments to the borrowers affected by the floods in Bhotekoshi. Banks and financial Unified Directives Issuing a consolidated directive to the banks and the flood-affected banks.

Through this directive,the Nepal Bank can extend the deadline for the flood-affected borrowers who have to pay installments by mid-October till mid-January.

Banks and financial institutions will have to make a realistic analysis of the financial condition of the borrower, the impact on import and export and the utilization of the loan.

Analyzing all these aspects, and financial can extend the deadline for the actual flood-affected borrowers to the banks and financial institutions } till mid-January for the actual flood-affected borrowers who have difficulty in repaying the loan installments.

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