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NMB has tried to do things differently than other banks ever since its inception

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Times are tough for banks in Nepal. After braving the Covid-19 pandemic for two years, banks now find themselves surrounded by difficulties due to the protracted acute shortage of investment-grade liquidity and problems in the external sector of the economy that are showing no signs of abating despite the measures taken by the central bank. …

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NEWS BRIEF

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Civil Servant to Get Pay Raise by 15 percent The government has announced to increase the salaries of civil servants by 15 percent which will be effective from the next fiscal year. In the budget for the next fiscal year, salaries of civil servants, the army, police, teachers, and other employees have been increased. After …

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APPOINTMENTS

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Khanal Appointed as Kumari Bank CEO Ram Chandra Khanal has been appointed as the CEO of Kumari Bank Limited for four years. Khanal, who is the Deputy CEO of the bank, was working as Acting CEO after Anuj Mani Timilsina resigned from CEO in February. Khanal, who is a Chartered Accountant, has 15 years of experience …

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My focus will be on enriching the
professionalism of staff

My First Job / 80 Comments

In his career spanning over two decades, Sanjeev Thapa has worked in a number of hotels and hospitality businesses at home and abroad. Thapa, who started his career at Radisson Hotel Kathmandu in 2001, has recently joined Chandragiri Hills as the General Manager. In a conversation with the HRM, he shared his experiences in the …

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Organizational Roles for Professionalism

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Madan Lal Pradhan In the modern-day world, ‘workforce’ refers to professionals and the labor force from a larger perspective. With increasing market completion and greater quality-conscious customers, the organizations have to strive hard to reach the internal standards of quality to sustain the competitive market edge and achieve growth. They need to acquire and retain …

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Managing Human Resources in the 21st Century

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Rajendra Prasad Koirala Everything, including production procedures, recruitment processes, training approaches, and new tools, has been greatly influenced by advancements in technology. It is now up to HR professionals to collaborate with respective departments in any organization to make things happen. In this article, I attempt to discuss some of the most important concerns and …

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Disability and Employment

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Lekhnath Paudel Present Context For persons with disabilities, employment and financial independence are crucial dimensions of social integration. It is because these dimensions empower them for independent life and self-decision-making capacity. According to Nepal’s 2011 census, the prevalence of disability in the country is 1.94%. However, many organizations disagree with this data and claim that …

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It is important for banks to develop an ecosystem that encourages a performance-driven culture

Managing People / Leave a Comment

The banking sector is considered more structured and well organized in terms of people management compared to other sectors, and thus people working in this sector are more disciplined and result-oriented. Pankaj Pant is the Head of Human Resource and Remittance Business Unit at Siddhartha Bank Limited. In a conversation with the HRM, Pant talked about Covid-19 …

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