ICRA Nepal Limited Withdraws Issuer Rating for Khaptad Laghubitta Limited

ICRA Nepal Limited has withdrawn the [ICRANP-IR] B+@* issuer rating previously assigned to Khaptad Laghubitta Bittiya Sanstha Limited (KLBS). This action was taken at the request of the customer.

The [ICRANP-IR] B+@* rating, which included micro-monitoring for potential adverse effects, has been discontinued following the customer's request. This rating was initially provided to evaluate the creditworthiness and financial stability of Khaptad Laghubitta Bittiya Sanstha Limited.

With the withdrawal of this issuer rating, ICRA Nepal Limited will cease all ongoing monitoring and assessment activities related to Khaptad Laghubitta Bittiya Sanstha Limited. This change reflects the institution's decision to move away from the current rating assessment.

ICRA Nepal Limited continues to offer comprehensive evaluations and ratings for financial institutions, ensuring that stakeholders are well-informed about their financial decisions.