Amid Rising Caution, ‘Foneloan’ Stands Out for Responsible Lending

Banking News – Nepali commercial banks are proactively refining their digital micro-lending strategies to ensure sustainable growth, particularly in Foneloan-based credit services. With a commendably low non-performing loan (NPL) rate of just 1.79% from over NPR 9 billion disbursed, the sector reflects strong initial performance. An outstanding amount of NPR 2.15 billion remains in circulation,…