Maitra Dev Pathak, Prabin Dev Pathak, Shant Dev Pathak and Bimala Devi Pathak repaid their loan to Nepal Bank Ltd whereas Birendra Kanaudia and Om Prakash Kanauda have rescheduled their loan with Rastriya Banijya Bank (RBB).
Earlier, the government formed a Wilful Defaulter Punishment Monitoring Committee on January 13 led by CA member Hari Rokka to recover bad debts of banks and other financial institutions.
The committee listed 339 loan defaulters. The Roka committee added 238 new loan defaulters to the old list of 109, making it a total of 339 defaulters. Of the 112 loan defaulters in the old list, three have repaid their loan.
Earlier, loan defaulters over Rs 50 million were in the list list of big loan defaulters but according to the amended rule Rs 10 million and over defaulters are called big loan defaulters.
The Roka committee compiled a list of 355 defaulters — 14 more than those in the list published three months ago of the 339 defaulters.
The committee has alleged that state-owned banks Nepal Bank Ltd (NBL), Agriculture Development Bank Ltd (ADBL) and Rastriya Banijya Bank Ltd (RBB) were reluctant to cooperate in identifying defaulters.
ADBL submitted a list of 13 defaulters of above Rs 50 million in bad loans. The committee succeeded in forcing 13 defaulters — 10 of NBL, two of RRB and one of ADBL — to repay their loans. The committee is focusing on defaulters above Rs 50 million dating back to 5-6 years ago. Later, it will investigate default cases above Rs 10 million.
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