Asia/Kathmandu

Federation undertakes possession of complained by industrialists

The Federation of Nepalese Holding chambers of Trade and Industry have said it began to take control of the criticize action getting performed by its own private relationships against rich commercial bank rates of interest on business enterprise financial loans.

A delegation led by Bhawani Rana,president of the country’s greatest private area umbrella body system,bonded with with banks representatives and central bank officials in Biratnagar on Tuesday and handed down over a 15-day ultimatum to the government to decrease borrowing cost.

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