Pashupati saving and credit cooperative lists loan defaulters
5th June 2026, Kathmandu
The Office of the Problematic Cooperative Management Committee has officially published the names of 140 borrowers associated with the troubled Pashupati Saving and Credit Cooperative Institution Limited.
Pashupati cooperative loan defaulters
This massive public exposure is part of ongoing government efforts to strengthen loan recovery and protect the immediate financial interests of innocent depositors.
According to the regulatory committee, this extensive list was prepared and released based on the available loan records with the institution. The urgent move aims to accelerate the recovery of outstanding loans and facilitate the swift return of frozen funds to local savers.
Urgent Warning Issued to Outstanding Borrowers
The management committee has clarified that the publication acts as a final call for financial settlement. Individuals who have already fully repaid their loans but find their names included on the list should not panic. The committee advises these individuals to contact the office immediately with necessary supporting documents to verify their repayment status and correct the official records.
On the other hand, borrowers with genuine outstanding loan obligations have been strongly urged to immediately contact the committee office to settle their dues as soon as possible. The regulatory authority has issued a strict warning that failure to repay the outstanding amounts will result in severe legal consequences.
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Recovery actions will be initiated in accordance with prevailing national laws and financial regulations. This could include freezing personal assets, blacklisting, and blocking individuals from official state services.
Protecting Depositors and Restoring Public Confidence
Officials stated that the publication of the borrower list is part of broader structural efforts to recover the cooperative funds. It aims to improve financial accountability and safeguard the interests of thousands of affected depositors who have been denied access to their savings.
The Problematic Cooperative Management Committee emphasized that total transparency in the recovery process is essential for restoring confidence among depositors. It is also vital for ensuring the effective management of troubled cooperative institutions across the nation.
The publication of these specific borrower details marks another decisive step in the ongoing government efforts to address systemic issues within financially distressed cooperatives. For those interested, the complete list of 140 borrowers has been made entirely public by the Office of the Problematic Cooperative Management Committee and can be accessed through the committee official notice boards and digital records.
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