Blacklisting Due to Loan Default Rises by 1,200 in One Year

Banking News – The number of individuals blacklisted for failing to repay bank loans and interest has surged significantly, according to the Credit Information Bureau (CIB). In the last fiscal year 2081/82 alone, a total of 18,801 individuals were blacklisted after defaulting on loan repayments. This marks an increase of 1,200 cases compared to the…