Friday, September 11, 2026 03:42 PM

Development banks to provide soft loan to small and middle-scale enterprises

Kathmandu, 5 April: The Federation of Nepalese Chamber of Commerce and Industry (FNCCI) and Development Bankers’ Association Nepal on Sunday signed a memorandum of understanding (MoU) with an objective of facilitating the flow of services including concessional loan to micro, small and cottage industries.

FNCCI Vice-President Dinesh Shrestha and Chairperson of Development Bankers’ Association Nepal Govinda Prasad Dhakal signed the deal in presence of FNCCI President Shekhar Golchha, Senior Vice-President Chandra Prasad Dhakal, Vice-President Anjan Shrestha, and Vice-Chairperson of Association Pradyman Pokharel.

People’s News Monitoring Service

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