Flood Damages Banks in Rasuwa, Nepal
Summary
A flood in BhoteKoshi, Rasuwa, has damaged 17 branches of 12 banks and caused losses worth Rs 72.4 crore, according to a damage assessment report. Agriculture Development Bank suffered the biggest hit, while additional losses were reported in Nuwakot and several municipalities in Rasuwa.
Key Points
- Twelve banks' 17 branches were affected by the September 10 flood in BhoteKoshi, Rasuwa.
- The rapid damage and needs assessment report puts the total loss at Rs 72.4 crore.
- Agriculture Development Bank recorded the largest loss, at Rs 65 crore from one branch.
- Additional losses were reported in Bidur, Gosaikunda, Kalika and Uttargaya in Nuwakot and Rasuwa.
