Banking News – Victims of Nepal’s microfinance sector staged a ‘Capital March’ in Kathmandu on Sunday, demanding government intervention to address their long-standing grievances.

The demonstrators gathered in the capital, carrying banners and placards while calling on the government to introduce policies that they say would provide relief to borrowers affected by high interest rates, multiple lending practices, and debt-related hardships.

The protesters urged the authorities to hold talks with representatives of the affected groups and implement measures to resolve their concerns through policy and legal reforms.

The demonstration was conducted peacefully under the supervision of security personnel, with participants emphasizing that their movement seeks a sustainable and just solution to issues faced by microfinance borrowers across the country.

Further details regarding the government’s response to the protest were not immediately available.