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Entry into the insurance industry was a blessingin disguise for me

For Nirajan Kandel, his professional career has been full of changes and learning opportunities. Kandel, who is the Deputy CEO of Sanima Reliance Life Insurance, started as an Assistant at Siddhartha Bank in 2006. He joined Citizens Bank International in 2007 and worked there for three years before joining Standard Chartered Bank (Nepal) where he …

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World Bank, ADB Warn of Challenging Days Ahead for Nepal

Both the World Bank and the Asian Development Bank (ADB) have estimated that Nepal’s economy will grow by 4.1 percent in 2023 the HRM Nepal’s economic growth in 2023 is projected to slow basically due to tighter monetary policy, slackened domestic demand, the unwinding of the Covid-19 stimulus, and persistent global headwinds. The two multilateral …

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The policy measures of NRB are in the best interest of the Nepali society at large

At present, Nepal’s economy is probably facing one of the most challenging times in living memory. After the start of the Covid-19 pandemic three years ago, the economy headed south, and the most difficult phase was seen in the last one and a half years. The Nepal Rastra Bank (NRB) took some bold yet unpopular …

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Entrepreneurial mindset is essential to create value for the service

Praveen Regmi is a well-known name in the field of fintech in Nepal. Starting as a Project Engineer in STM Telecom Sanchar in 2007, he has a comprehensive experience in digital banking and the electronic payment ecosystem. Regmi, who is currently the CEO of IME Digital Solution Limited, led the digital transactions transformation of NMB …

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Our branding and marketing strategy is completely aligned with the business objectives

In its 36 years of operation, Standard Chartered Bank Nepal Limited (SCBNL) has set some important benchmarks in Nepal. The bank is credited for introducing international practices in organizational management and branding and marketing in the banking business. Pranu Singh is the bank’s Head of Corporate Affairs, Brand & Marketing. In a conversation with the …

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‘Banks are not at fault for the increased interest rates’

With the Nepali economy going through turbulent times, banks are grappling with multiple challenges at present. For over the past year, the shortage of investment-grade liquidity, which has seemingly eased for now, has been the biggest difficulty leading to hikes in borrowing rates and ultimately a sharp slowdown in most kinds of economic activities across …

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“I learned to develop myself as a leader from the first job”

For Bodhraj Devkota, CEO of Mahalaxmi Bikas Bank Limited, the last 25 years have been about professional excellence. Starting his career in banking at Nepal Bank Limited, he went on to become CEO of Mahalaxmi Bikas Bank which is one of the largest development banks in the country. In between, he worked at Citizens Bank …

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“Economic transformation of Nepal will be easier and faster if the emerging Nepali diaspora can be engaged in the process”

As a businessperson, Jiba Lamichhane is among the few successful Nepalis who have made their mark as non-resident Nepalis (NRNS). Originally from Chitwan, he went to the erstwhile Soviet Union to study Civil Engineering. In the early 1990s, Lamichhane and some of his friends started business together in Russia that later morphed into Sanima Group …

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“The first job gave me the insight to put efforts honestly, and optimistically”

RAMESH GHIMIRE, CEO, Deposit and Credit Guarantee Fund (DCGF) For Ramesh Ghimire, the last 22 years have been the most important period of his life when career growth. Specializing in corporate legal affairs, he spent the majority of these years banking sector, before coming to telecommunications and now in the public sector.  Starting from NIC …

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