Troubled Cooperatives Management Committee Returns Savings to 122 Depositors Across 7 Cooperatives
4th November 2026, Kathmandu
The Problematic Cooperatives Management Committee has refunded the savings of 122 depositors from seven troubled cooperatives.
Troubled Cooperatives Loan Recovery
According to the details released by the committee, the funds recovered from loan collections and asset management were utilized to compensate affected depositors in line with prevailing legal provisions.
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Breakdown of Savings Distribution
The refund process has addressed both complete and partial savings claims across the identified cooperatives.
- Full Refunds Issued: A total of 23 depositors from Nepal Co-operative Financial Cooperative, Ideal Yamuna Hamro Multipurpose Co-operative, and Shiva Shikhar Co-operative received their complete savings amounts.
- Partial Refunds Issued: A total of 99 depositors from Kantipur Saving and Credit Co-operative, Gautam Shree Multipurpose Co-operative, Agriculture Development Multipurpose Co-operative, and Shree Laligurans Multipurpose Co-operative received partial refunds.
- Affected Cooperatives Count: 7 troubled cooperatives in total.
- Total Beneficiaries: 122 depositors.
Phased Distribution and Recovery Mechanism
The committee outlined the structured approach being taken to manage refunds systematically.
- Priority Strategy: In the initial phase, refunds are prioritized for small-scale depositors with lower savings balances.
- Future Roadmap: Depositors will be categorized based on their total savings amounts, with subsequent distribution phases to follow progressively.
- Funding Source: Amounts returned to victims are derived directly from loan recoveries and the management/liquidation of assets belonging to the troubled institutions.
- Legal Compliance: Recovery and distribution procedures are actively being executed in accordance with established cooperative regulatory protocols.
For More: Troubled Cooperatives Loan Recovery
