KATHMANDU, Nov 6: Bad debts of Nepal’s commercial banks surged more than double in the first three months of the current fiscal year, thanks to the non-recovery of the issued loans caused by ongoing economic slowdown.
KATHMANDU, Nov 4: The profits of Nepal’s commercial banks declined 18.60 percent in the first three months of the current fiscal year, thanks to the fall in demand for loans due to the ongoing economic slowdown.
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