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Nepal Airlines seeks interest and penalties waiver on existing loans

Victoria Tozer-Pennington
By Victoria Tozer-Pennington Apr 26, 2023 1 mins read
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Nepal Airlines seeks interest and penalties waiver on existing loans

Nepal Airlines has sent a letter to two of the state-owned provident funds, the EPF and the Citizen Investment Trust (CIT) requesting them to waive off the interest and penalties on their outstanding loans along with increasing the tenure. "Due to the global coronavirus, the corporation's business h...

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