Leading commercial banks are weighing a Maoist-backed proposal for a
consortium financing of Siddhartha Hospital, which has been named
Janamaitri Hospital after a Maoist supporter — Dr Rabindra Rajbhandari
— bought it.
Himalayan Bank, Nabil Bank, Nepal Investment Bank, Bank of Kathmandu,
Laxmi Bank, Sunrise Bank, NIC Bank, Kumari Bank and Machhapuchhre Bank
yesterday had a crucial meeting at the Himalayan Bank to discuss the
proposal by Dr Rajbhandari.
The Hospital has a liability of over Rs 300 million.
"We are studying the proposal and if it’s feasible, we’ll lend," Chief
Executive Officer of the Himalayan Bank Ashoke Rana said.
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