Problematic Cooperatives Return Savings to 105 Depositors Through Debt Recovery
23rd September 2026, Kathmandu
The Problematic Cooperative Management Committee has refunded the savings of 105 small depositors across four troubled cooperatives.
Problematic Cooperatives Return Savings
According to the committee, the refund process was completed using funds recovered through loan collections and asset management from the respective institutions. The government clarified that recovered loan amounts are being directly disbursed to victimized depositors in a phased manner.
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Breakdown of Depositor Refunds Across Cooperatives
The committee prioritized small depositors in the initial phase of the refund distribution program.
- Kantipur Saving and Credit Cooperative: A total of 55 small depositors received their refunded savings.
- Shiva Shikhar Multipurpose Cooperative: Savings were successfully returned to 35 depositors.
- Tulsi Multipurpose Cooperative: A total of 13 depositors received their refunded balances.
- Oriental Cooperative: Savings were refunded to 2 small depositors in this phase.
Refunding Strategy and Legal Framework
The management committee is executing the asset liquidation and refund process in accordance with established legal provisions.
- Categorization Strategy: The committee announced that initial payouts targeted small balance holders, while future refunds will proceed systematically based on tiered deposit amounts.
- Debt Recovery and Asset Management: Savings returns are being funded continuously through ongoing loan recovery operations and property liquidation belonging to the declared problematic cooperatives.
- Operational Continuity: The central management committee confirmed that loan collection efforts and asset management activities will persist to ensure further depositors receive their trapped funds.
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