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Low credit growth, rising NPL hit Q2 profit of Commercial Banks
Relatively low credit growth as compared to previous years and loan-loss provisioning against rising Non-Performing Loan (NPL) have hit the profit of commercial banks in the second quarter (mid-July to mid- January) of the current fiscal 2023/24. The unaudited financial statements disclosed by commercial banks show the average profit growth of 20 commercial banks in …
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16th edition ofHR Meet concludes on a high note
the HRM The 16th edition of HR Meet – HR Meet 2024 – concluded on a high note in Kathmandu. The two-day event organised by Growth Sellers Pvt. Ltd. – the country’s leading HR consulting firm – on March 29-30, at The Soaltee Kathmandu, brought together globally acclaimed speakers/resource persons, renowned HR leaders of Nepal …
Despite numerous efforts women still deprived of opportunities
Despite the efforts of the government and private sector to frame and execute gender sensitive policies, the progress towards gender equality is still moderate. Empowering women is necessary to make them able to utilise the rights enshrined in the Constitution as well as the provisions of the sectoral laws and policies, however, the effectiveness of …
Despite numerous efforts women still deprived of opportunities Read More »
Addressing the Problems of Brain Drain and Lack of L&D
The human capital crisis has been exacerbated by a chain of challenges, including the exodus of youths from the country, far too inadequate private sector and government funding for L&D, and a lack of collaboration between colleges and the corporate sector to produce job-ready graduates. the HRM With a population of just under 30 million, …
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Marginal Growth in Capacity Utilization of Industries
According to NRB’s Economic Activities Report 2021/22, the average capacity utilization of industry nationwide in the last fiscal year was 52.8 percent, up from 52.2 percent in FY 2020/21. the HRM The protracted liquidity crisis, interest rate volatility, and rise in raw material costs have hit the country’s industrial output in the last fiscal year. …
Marginal Growth in Capacity Utilization of Industries Read More »
Economic Slowdown and Rising Cost of Funds Take a Toll on Banks’ Financial Performance
As non-performing loans (NPLs) surge, commercial banks’ profit decline in the first half of FY 2022/23 the HRM The Nepali banking sector is currently going through a critical period with consolidation on one hand, and rising non-performing loans (NPLs) coupled with falling profits on the other hand. Three mergers and one acquisition over the last …
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Merger Drive Gathers Momentum in Insurance Sector
The consolidation in the insurance sector is in full swing as a series of merger agreements have been signed among both, life insurance and non-life insurance companies in the last one year. the HRM While the merger drive in the banking sector seems to be gradually settling down with the conclusion of some big mergers …
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On the Brink – Automobile Market Facing Big Economic Headwinds
The import ban, according to NADA, has resulted in the closure of 58 dealers across the country, resulting in over 1,000 job losses, with many in the process to shut down the doors of their businesses. the HRM The once booming Nepali automobile sector is facing an existential crisis as the NADA Automobiles Association of …
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Nepal’s Fourth-largest Industry by Employment, is Trying to Come Back from the Brink
With the government resuming on-arrival visas and abolishing the seven-day quarantine requirement to all vaccinated foreign travelers, the Nepali tourism sector is now all set to welcome visitors in the new tourist season the HRM When the Covid-19 pandemic hit Nepal in early 2020, the country had already started celebrating Visit Nepal (VN) 2020. The …
Nepal’s Fourth-largest Industry by Employment, is Trying to Come Back from the Brink Read More »