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<div><span style="font-size:14px">Former Finance Minister and CPN-UML leader Surendra Pandey</span></div>
<div> </div>
<div><span style="font-size:16px"><strong><img alt="Hari Bhakta Sharma" src="/userfiles/images/v4(3).jpg" style="float:right; height:91px; margin:0px 0px 0px 10px; width:75px" />‘‘The failure to draft the new constitution on time has adversely affected the investment climate in the country, besides prolonging the political transition.’’</strong></span></div>
<div><span style="font-size:14px">Hari Bhakta Sharma, Senior Vice President of CNI and Executive Director of Deurali-Janta Pharmaceuticals</span></div>
<div> </div>
<div><span style="font-size:16px"><strong><img alt="Dharma Raj Pandey" src="/userfiles/images/v2(7).jpg" style="float:right; height:90px; margin:0px 0px 0px 10px; width:75px" />‘‘Nepal Rastra Bank should stop the registration of new micro-finance banks in order to prevent multi-financing.’’</strong></span></div>
<div><span style="font-size:14px">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. </span></div>
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<div><span style="font-size:16px"><strong><img alt="Manmohan Kumar Shrestha" src="/userfiles/images/v3(9).jpg" style="float:right; height:90px; margin:0px 0px 0px 10px; width:75px" />‘‘The request to stop new microfinance banks has come from those who are unable to compete with new such institutions.”</strong></span></div>
<div><span style="font-size:14px">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.</span></div>
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<div><span style="font-size:14px">Former Finance Minister and CPN-UML leader Surendra Pandey</span></div>
<div> </div>
<div><span style="font-size:16px"><strong><img alt="Hari Bhakta Sharma" src="/userfiles/images/v4(3).jpg" style="float:right; height:91px; margin:0px 0px 0px 10px; width:75px" />‘‘The failure to draft the new constitution on time has adversely affected the investment climate in the country, besides prolonging the political transition.’’</strong></span></div>
<div><span style="font-size:14px">Hari Bhakta Sharma, Senior Vice President of CNI and Executive Director of Deurali-Janta Pharmaceuticals</span></div>
<div> </div>
<div><span style="font-size:16px"><strong><img alt="Dharma Raj Pandey" src="/userfiles/images/v2(7).jpg" style="float:right; height:90px; margin:0px 0px 0px 10px; width:75px" />‘‘Nepal Rastra Bank should stop the registration of new micro-finance banks in order to prevent multi-financing.’’</strong></span></div>
<div><span style="font-size:14px">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. </span></div>
<div> </div>
<div><span style="font-size:16px"><strong><img alt="Manmohan Kumar Shrestha" src="/userfiles/images/v3(9).jpg" style="float:right; height:90px; margin:0px 0px 0px 10px; width:75px" />‘‘The request to stop new microfinance banks has come from those who are unable to compete with new such institutions.”</strong></span></div>
<div><span style="font-size:14px">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.</span></div>
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include - APP/View/MagazineArticles/view.ctp, line 54
View::_evaluate() - CORE/Cake/View/View.php, line 971
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View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
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Notice (8): Trying to access array offset on value of type null [APP/View/MagazineArticles/view.ctp, line 54]Code Context $user = $this->Session->read('Auth.User');
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<div><span style="font-size:14px">Former Finance Minister and CPN-UML leader Surendra Pandey</span></div>
<div> </div>
<div><span style="font-size:16px"><strong><img alt="Hari Bhakta Sharma" src="/userfiles/images/v4(3).jpg" style="float:right; height:91px; margin:0px 0px 0px 10px; width:75px" />‘‘The failure to draft the new constitution on time has adversely affected the investment climate in the country, besides prolonging the political transition.’’</strong></span></div>
<div><span style="font-size:14px">Hari Bhakta Sharma, Senior Vice President of CNI and Executive Director of Deurali-Janta Pharmaceuticals</span></div>
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<div><span style="font-size:16px"><strong><img alt="Dharma Raj Pandey" src="/userfiles/images/v2(7).jpg" style="float:right; height:90px; margin:0px 0px 0px 10px; width:75px" />‘‘Nepal Rastra Bank should stop the registration of new micro-finance banks in order to prevent multi-financing.’’</strong></span></div>
<div><span style="font-size:14px">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. </span></div>
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<div><span style="font-size:14px">Former Finance Minister and CPN-UML leader Surendra Pandey</span></div>
<div> </div>
<div><span style="font-size:16px"><strong><img alt="Hari Bhakta Sharma" src="/userfiles/images/v4(3).jpg" style="float:right; height:91px; margin:0px 0px 0px 10px; width:75px" />‘‘The failure to draft the new constitution on time has adversely affected the investment climate in the country, besides prolonging the political transition.’’</strong></span></div>
<div><span style="font-size:14px">Hari Bhakta Sharma, Senior Vice President of CNI and Executive Director of Deurali-Janta Pharmaceuticals</span></div>
<div> </div>
<div><span style="font-size:16px"><strong><img alt="Dharma Raj Pandey" src="/userfiles/images/v2(7).jpg" style="float:right; height:90px; margin:0px 0px 0px 10px; width:75px" />‘‘Nepal Rastra Bank should stop the registration of new micro-finance banks in order to prevent multi-financing.’’</strong></span></div>
<div><span style="font-size:14px">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. </span></div>
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<div><span style="font-size:16px"><strong><img alt="Manmohan Kumar Shrestha" src="/userfiles/images/v3(9).jpg" style="float:right; height:90px; margin:0px 0px 0px 10px; width:75px" />‘‘The request to stop new microfinance banks has come from those who are unable to compete with new such institutions.”</strong></span></div>
<div><span style="font-size:14px">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.</span></div>
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include - APP/View/MagazineArticles/view.ctp, line 54
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
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Notice (8): Trying to access array offset on value of type null [APP/View/MagazineArticles/view.ctp, line 55]Code Context //find the group of logged user
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<div><span style="font-size:14px">Former Finance Minister and CPN-UML leader Surendra Pandey</span></div>
<div> </div>
<div><span style="font-size:16px"><strong><img alt="Hari Bhakta Sharma" src="/userfiles/images/v4(3).jpg" style="float:right; height:91px; margin:0px 0px 0px 10px; width:75px" />‘‘The failure to draft the new constitution on time has adversely affected the investment climate in the country, besides prolonging the political transition.’’</strong></span></div>
<div><span style="font-size:14px">Hari Bhakta Sharma, Senior Vice President of CNI and Executive Director of Deurali-Janta Pharmaceuticals</span></div>
<div> </div>
<div><span style="font-size:16px"><strong><img alt="Dharma Raj Pandey" src="/userfiles/images/v2(7).jpg" style="float:right; height:90px; margin:0px 0px 0px 10px; width:75px" />‘‘Nepal Rastra Bank should stop the registration of new micro-finance banks in order to prevent multi-financing.’’</strong></span></div>
<div><span style="font-size:14px">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. </span></div>
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<div><span style="font-size:14px">Former Finance Minister and CPN-UML leader Surendra Pandey</span></div>
<div> </div>
<div><span style="font-size:16px"><strong><img alt="Hari Bhakta Sharma" src="/userfiles/images/v4(3).jpg" style="float:right; height:91px; margin:0px 0px 0px 10px; width:75px" />‘‘The failure to draft the new constitution on time has adversely affected the investment climate in the country, besides prolonging the political transition.’’</strong></span></div>
<div><span style="font-size:14px">Hari Bhakta Sharma, Senior Vice President of CNI and Executive Director of Deurali-Janta Pharmaceuticals</span></div>
<div> </div>
<div><span style="font-size:16px"><strong><img alt="Dharma Raj Pandey" src="/userfiles/images/v2(7).jpg" style="float:right; height:90px; margin:0px 0px 0px 10px; width:75px" />‘‘Nepal Rastra Bank should stop the registration of new micro-finance banks in order to prevent multi-financing.’’</strong></span></div>
<div><span style="font-size:14px">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. </span></div>
<div> </div>
<div><span style="font-size:16px"><strong><img alt="Manmohan Kumar Shrestha" src="/userfiles/images/v3(9).jpg" style="float:right; height:90px; margin:0px 0px 0px 10px; width:75px" />‘‘The request to stop new microfinance banks has come from those who are unable to compete with new such institutions.”</strong></span></div>
<div><span style="font-size:14px">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.</span></div>
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include - APP/View/MagazineArticles/view.ctp, line 55
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
Notice (8): Undefined index: summary [APP/View/MagazineArticles/view.ctp, line 62]Code Context<?php
echo $this->Html->meta(array('name' => 'description', 'type' => 'meta', 'content' => $magazineArticle['MagazineArticle']['summary']), null, array('inline' => false));?>
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<div><span style="font-size:14px">Former Finance Minister and CPN-UML leader Surendra Pandey</span></div>
<div> </div>
<div><span style="font-size:16px"><strong><img alt="Hari Bhakta Sharma" src="/userfiles/images/v4(3).jpg" style="float:right; height:91px; margin:0px 0px 0px 10px; width:75px" />‘‘The failure to draft the new constitution on time has adversely affected the investment climate in the country, besides prolonging the political transition.’’</strong></span></div>
<div><span style="font-size:14px">Hari Bhakta Sharma, Senior Vice President of CNI and Executive Director of Deurali-Janta Pharmaceuticals</span></div>
<div> </div>
<div><span style="font-size:16px"><strong><img alt="Dharma Raj Pandey" src="/userfiles/images/v2(7).jpg" style="float:right; height:90px; margin:0px 0px 0px 10px; width:75px" />‘‘Nepal Rastra Bank should stop the registration of new micro-finance banks in order to prevent multi-financing.’’</strong></span></div>
<div><span style="font-size:14px">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. </span></div>
<div> </div>
<div><span style="font-size:16px"><strong><img alt="Manmohan Kumar Shrestha" src="/userfiles/images/v3(9).jpg" style="float:right; height:90px; margin:0px 0px 0px 10px; width:75px" />‘‘The request to stop new microfinance banks has come from those who are unable to compete with new such institutions.”</strong></span></div>
<div><span style="font-size:14px">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.</span></div>
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<div><span style="font-size:14px">Former Finance Minister and CPN-UML leader Surendra Pandey</span></div>
<div> </div>
<div><span style="font-size:16px"><strong><img alt="Hari Bhakta Sharma" src="/userfiles/images/v4(3).jpg" style="float:right; height:91px; margin:0px 0px 0px 10px; width:75px" />‘‘The failure to draft the new constitution on time has adversely affected the investment climate in the country, besides prolonging the political transition.’’</strong></span></div>
<div><span style="font-size:14px">Hari Bhakta Sharma, Senior Vice President of CNI and Executive Director of Deurali-Janta Pharmaceuticals</span></div>
<div> </div>
<div><span style="font-size:16px"><strong><img alt="Dharma Raj Pandey" src="/userfiles/images/v2(7).jpg" style="float:right; height:90px; margin:0px 0px 0px 10px; width:75px" />‘‘Nepal Rastra Bank should stop the registration of new micro-finance banks in order to prevent multi-financing.’’</strong></span></div>
<div><span style="font-size:14px">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. </span></div>
<div> </div>
<div><span style="font-size:16px"><strong><img alt="Manmohan Kumar Shrestha" src="/userfiles/images/v3(9).jpg" style="float:right; height:90px; margin:0px 0px 0px 10px; width:75px" />‘‘The request to stop new microfinance banks has come from those who are unable to compete with new such institutions.”</strong></span></div>
<div><span style="font-size:14px">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.</span></div>
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include - APP/View/MagazineArticles/view.ctp, line 62
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
Notice (8): Undefined index: summary [APP/View/MagazineArticles/view.ctp, line 68]Code Context echo $this->Html->meta(array('property' => 'og:title', 'type' => 'meta', 'content' => $magazineArticle['MagazineArticle']['title']), null, array('inline' => false));?>
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echo $this->Html->meta(array('property' => 'og:description', 'type' => 'meta', 'content' => $magazineArticle['MagazineArticle']['summary']), null, array('inline' => false));?>
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<div><span style="font-size:14px">Former Finance Minister and CPN-UML leader Surendra Pandey</span></div>
<div> </div>
<div><span style="font-size:16px"><strong><img alt="Hari Bhakta Sharma" src="/userfiles/images/v4(3).jpg" style="float:right; height:91px; margin:0px 0px 0px 10px; width:75px" />‘‘The failure to draft the new constitution on time has adversely affected the investment climate in the country, besides prolonging the political transition.’’</strong></span></div>
<div><span style="font-size:14px">Hari Bhakta Sharma, Senior Vice President of CNI and Executive Director of Deurali-Janta Pharmaceuticals</span></div>
<div> </div>
<div><span style="font-size:16px"><strong><img alt="Dharma Raj Pandey" src="/userfiles/images/v2(7).jpg" style="float:right; height:90px; margin:0px 0px 0px 10px; width:75px" />‘‘Nepal Rastra Bank should stop the registration of new micro-finance banks in order to prevent multi-financing.’’</strong></span></div>
<div><span style="font-size:14px">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. </span></div>
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<div><span style="font-size:14px">Former Finance Minister and CPN-UML leader Surendra Pandey</span></div>
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<div><span style="font-size:16px"><strong><img alt="Hari Bhakta Sharma" src="/userfiles/images/v4(3).jpg" style="float:right; height:91px; margin:0px 0px 0px 10px; width:75px" />‘‘The failure to draft the new constitution on time has adversely affected the investment climate in the country, besides prolonging the political transition.’’</strong></span></div>
<div><span style="font-size:14px">Hari Bhakta Sharma, Senior Vice President of CNI and Executive Director of Deurali-Janta Pharmaceuticals</span></div>
<div> </div>
<div><span style="font-size:16px"><strong><img alt="Dharma Raj Pandey" src="/userfiles/images/v2(7).jpg" style="float:right; height:90px; margin:0px 0px 0px 10px; width:75px" />‘‘Nepal Rastra Bank should stop the registration of new micro-finance banks in order to prevent multi-financing.’’</strong></span></div>
<div><span style="font-size:14px">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. </span></div>
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<div><span style="font-size:16px"><strong><img alt="Manmohan Kumar Shrestha" src="/userfiles/images/v3(9).jpg" style="float:right; height:90px; margin:0px 0px 0px 10px; width:75px" />‘‘The request to stop new microfinance banks has come from those who are unable to compete with new such institutions.”</strong></span></div>
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include - APP/View/MagazineArticles/view.ctp, line 68
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
Voices February 2015
‘‘The failure to draft the new constitution on time is very bad for the country. But instead of being discouraged, everyone should make united effort to strengthen the country’s economy.’’
Former Finance Minister and CPN-UML leader Surendra Pandey
‘‘The failure to draft the new constitution on time has adversely affected the investment climate in the country, besides prolonging the political transition.’’
Hari Bhakta Sharma, Senior Vice President of CNI and Executive Director of Deurali-Janta Pharmaceuticals
‘‘Nepal Rastra Bank should stop the registration of new micro-finance banks in order to prevent multi-financing.’’
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.
‘‘The request to stop new microfinance banks has come from those who are unable to compete with new such institutions.”
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.