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Former Finance Minister and CPN-UML leader Surendra Pandey
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Hari Bhakta Sharma, Senior Vice President of CNI and Executive Director of Deurali-Janta Pharmaceuticals
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Dharma Raj Pandey, Nepal Microfinance Banker’s Association, arguing that microfinance banks opened in recent times haven’t contributed to the expansion of financial access as expected because most of them are focused in the district headquarters and urban centres.
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NRB Spokesperson Manmohan Kumar Shrestha, clarifying that the time to halt the registration of such banks hasn’t arrived yet. Microfinance banks have become an appropriate medium to increase financial access, especially in the remote ad rural areas, he claims, adding that the central bank has directed microfinance banks to remain alert to avoid multi-financing.