Kathmandu, July 6: The Problematic Cooperatives Management Committee has refunded the savings of small depositors of Shiva Shikhar Cooperatives Limited.
Two hundred forty-eight depositors have got their savings returned, according to the committee. The cooperatives has refunded savings of 1,117 depositors so far.
In the first-phase, savings of small depositors have been returned while the savings of other depositors would be refunded after classifying depositors on the basis of the amount of the savings.
The government has clarified that the amount is being refunded to depositors after loan recovery and property management from the troubled cooperatives.#nepal #rss
