Mandatory Loans Drive Surge in Nepalese Bad Debt

Illustration showing the surge in bad debt in Nepal driven by mandatory loans.

The Kathmandu Post reports that mandatory loans to priority sectors have become some of the most problematic assets for Nepal’s financial institutions. A July 3 analysis indicates that lending to agriculture, construction, and deprived sectors is generating concerning levels of non-performing loans. The Nepal Rastra Bank (NRB) enforces these quotas to promote financial inclusion, yet the rising defaults pose a significant challenge to stability. This deterioration in asset quality could restrict banks’ capacity to extend new credit, necessitating potential adjustments to central bank guidelines.

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