Kathmandu. The number of blacklisted traders is increasing every year due to non-payment of principal and interest on loans taken from banks and financial institutions. In the current fiscal year 2078/79 alone, the number of those on the blacklist has exceeded 13,000. According to the Credit Information Center, the number of those on the black list has reached 13,648 as of July 10, 2022.

According to the Loan information center, a total of 4,882 individuals, business firms and industries were blacklisted during the last fiscal year 2077/78. Compared to last year, the number of blacklisted people has increased by about 180 percent in the current fiscal year.