Now microfinance has to allocate 3 percent of profit to the customer protection fund, home loan up to 3 lakhs

Kathmandu - Nepal Rastra Bank has increased the amount to be spent by microfinance financial institutions for customer protection. The Banking and Financial Institutions Regulation Department of the National Bank has revised the integrated guidelines issued for microfinance institutions and introduced a rule that 3 percent of the profit should be deposited in the customer…