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President authenticates Bill on controlling usury  

Kathmandu, July 29: President Ram Chandra Paudel has authenticated a "Bill to amend some Nepal Acts related to the Civil Code, 2080 BS" related to unfair loan transactions, popularly known as "meter interest" or usury. The bill passed by both Houses of Parliament and reached President's Office for verification was

1,700 complaints lodged against loan sharks in Mahottari

Complaints are being lodged against loan sharking in Mahottari district with the government introducing a new law to take action

Commission begins work to address issues of usury

The high-level commission formed by the government to resolve the issues of the usury victims has initiated its preliminary job

Prime Minister Dahal meets with victims of loan shark

Loan shark victims met Prime Minister Pushpa Kamal Dahal 'Prachanda' on Saturday morning.

Demonstration against loan sharking in front of Open Theater (photo…

The loan sharking (also known as 'meter badge) victims, who came to Kathmandu after walking for 11 days, demonstrated Monday