KATHMANDU, Feb. 17 -- Private sector leaders invited for a meeting on Monday to find solutions

Prime Minister KP Sharma Oli has instructed Minister for Finance Yuba Raj Khatiwada to make necessary 'intervention' in reducing burgeoning interest rates of bank loans.

The Prime Minister's instruction comes following a meeting with a group of private sector leaders who have sought the government's help in lowering the interest rates of bank and financial institutions (BFIs).

Representatives from Federation of Nepalese Chambers of Commerce and Industry, Confederation of Nepalese Industries (CNI), Nepal Chamber of Commerce (NCC), Chamber of Industries, Morang (CMI) and Morang Merchant Association (MMA) met with PM Oli on Saturday to press the...