Industrialists and businessmen surrounded Nepal Rastra Bank on Monday. They surrounded Rashtra Bank for not addressing the high interest rates of banks and financial institutions.
They allege that the National Bank does not care about the brutality that the banks are showing towards the industrialists. They demand that the monetary policy should be revised, interest rates should be kept stable, and the working capital guidelines should be suspended.
Around 100 business organizations from all over the country came together on the streets of Maitighar Mandla and started the movement.
They have been demanding that the interest rate should remain in single digits as it has created a situation where industrial business cannot be conducted due to high interest rates.