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Banks Should Not Hide Loan Risks by Adding Interest: RajdhaniDaily.com
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Kathmandu. Nepal Rastra Bank has intervened decisively in a sensitive practice that has been the subject of criticism in the banking system for years. The central bank has intervened to stop the trend of hiding the real risk of loans by linking the interest accrued on project loans to the principal. To stop the trend of artificially making bad loans look good and making banks' financial statements look attractive, the central bank has issued a u…
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