Kathmandu. The National Cooperative Regulatory Authority has registered and documented approximately 2,300 cooperatives. With the objective of making the cooperative sector organized, transparent, and reliable, the Authority has initiated the registration and documentation of all cooperatives across the country whose primary business is savings and credit. The Authority has been given the primary responsibility for the regulation, monitoring, and supervision of cooperative institutions operating within the jurisdiction of the federal, provincial, and local levels whose main business is savings and credit. If these cooperatives conduct business without registration and documentation with the Authority, it will be considered illegal, and their...