Memorandum submitted to Finance Minister demanding single digit interest rate

Kathmandu : The Nepal National Businesspersons’ Federation has submitted a memorandum to Finance Minister Bishnu Poudel, demanding that banks limit interest rate in single digit.

The Federation delegation met Deputy Prime Minister and Finance Minister Poudel on Friday and urged for maintaining single digit interest rate.

The delegation argued that the entrepreneurs and businessperson were in a condition to quit the business due to exorbitant interest rate.

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