Cooperative Problem Management Committee Reports Rs 46 Billion Savings Return Pending for 76,000 Depositors
Summary
The Problematic Cooperative Management Committee announced that Rs 46 billion in savings is pending for 76,000 depositors in problematic cooperatives, with plans to start returning savings from the first week of Jestha.
Key Points
- Approximately Rs 46 billion in savings is pending for 76,000 depositors in problematic cooperatives.
- The committee plans to start returning savings to claimant depositors from the first week of Jestha.
- A policy prioritizing loan recovery and savings return will be adopted along with strict loan recovery measures.
- The committee will publish three-generation debtor details as part of pressure tactics for loan recovery and manage ongoing grievance and information dissemination.
