The National Cooperative Regulation Authority has prioritized returning savings to depositors, helping 197 members of 10 cooperatives get back their blocked money.
After a long delay, some good news has come for cooperative members. Total of 197 depositors from 10 different cooperative societies have finally got their blocked savings returned.
According to the National Cooperative Regulation Authority, the frozen savings were returned to the rightful depositors after completing all the necessary process. The authority have been trying hard to solve the issues currently seen in the cooperative sector.
British Gorkha Cooperative Has Highest Number of Refunds
If we look at the details provided by authority, British Gorkha Saving and Credit Cooperative alone had 174 depositors who received their money back. The remaining 23 depositors who got their savings belong to nine other cooperative societies, receiving different amounts of their savings.
The ten cooperatives whose depositors got their money back include Sankata Saving and Credit, Bir Vinayak Saving and Credit, Samadarshi Upabhokta, Purbodaya Saving and Credit, Artha Multipurpose, Sweta Bhairav Saving and Credit, Srijansheel Saving and Credit, British Gorkha Saving and Credit, Gainbel Saving and Credit, and Shova Bhagawati Multipurpose Cooperative.
The authority mentioned that they are continuously prioritizing the work of returning depositors money as they resolve the various problems in the cooperative sector.
AI Disclaimer: This article was originally published on https://bajarkochirfar.com. It has been translated with the help of AI. For the best understanding and accurate facts, we recommend reading the original Nepali version.
