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ARTHASAROKAR ENGLISH

Microfinance companies told to reduce interest rate

KATHMANDU Finance Minister Janardan Sharma has urged the micro finance companies to reduce the existing interest rate charged for the loanee. Currently, the microfinance companies are charging 10 to 15 per cent interest rate in their loan investment. Receiving a memo from Microfinance Association of Nepal on Sunday, Minister Sharma[...]

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