ANALYSIS ON PROMOTION OF HIMAL REMIT

OF
HIMALAYAN BANK LIMITED
An Internship Report

Submitted b!

Submitted to!
O""i#e o" the De$n
F$#u%t o" M$n$&ement

Submitted in
P$rti$% "u%"i%%ment o" the #ourse re'uirement "or the de&ree o" B$#he%ors in
Business Administr$tion (BBA)
1

RECOMMENDATION
This is to certify that the Internship Report submitted by Mr.Govinda Khanal, entitled
REMITANE !" #IMA$A%AN &ANK $IMITE' has been prepared as approved by the
department in the prescribed format of "aculty of Mana(ement. This Internship Report is
for)arded for evaluation.

Internship *upervisor +ro(ram oordinator
Name,
*i(nature, --------------- *i(nature, ----------

ampus hief
Name,
*i(nature, ---------
'ate,

2

A#*no+%ed&ement
This report has been prepared as a +artial fulfillment of the course re.uirement for the de(ree of
&achelors in &usiness Administration /&&A0.The primary ob1ective of this case study is to
analy2e the Remittance service of #imalayan &an3 $imited situated at Thamel, Kathmandu
Nepal.
I )ould not be able to 1ustify my )or3 )ithout ac3no)led(in( the staffs )ho have contributed
si(nificantly for the completion of this report.
"irst of all I )ould li3e to than3 Mr.Ish)or Kar3i /#R mana(er0 for providin( me the
opportunity to )or3 in their presti(ious or(ani2ation as an intern.

I )ould li3e to e4tend my sincere than3s to all the staff of remittance promotion
department especially Ms. *upridi, Mr. Manish Ra1 +ant, for there help and support. I )ould also
li3e to than3 Mr. Mano1 ' *hrestha, for providin( me the information.
At last, I than3 once a(ain to the entire member and the or(ani2ation that have supported me for
the completion of my intern.
3
TABLE OF ,ONTENT
ABSTRA,T
ABBRE-IATION
,HAPTER I. INTROD/,TION
0.0 B$#*&round
0.1 Ob2e#ti3es
0.4 Methodo%o&
0.4.0 Or&$ni5$tion se%e#tion
0.4.1 P%$#ement
0.4.4 Dur$tion o" internship
0.4.6 A#ti3ities per"ormed
0.6 Limit$tion
,HAPTER II.
1.0 Introdu#tions to B$n*in& Se#tor
1.1 De3e%opment o" B$n*in& Industr in Nep$%
1.4 Introdu#tion to ,ommer#i$% B$n*s
1.6 Fun#tions o" ,ommer#i$% B$n*s
1.7 Introdu#tion o" the or&$ni5$tion.
1.8 ,$pit$% stru#ture
1.9 E'uit p$rti#ip$tion

,HAPTER III



4
ABSTRA,T
This internship report, )hich is about the 5Remittance service of #imalayan &an3 $imited6, has
been prepared for the partial fulfillment of the de(ree of &achelor in business administration
/&&A0 for the finance and ban3in(, )hich is one of the speciali2ation course in &&A of
Tribhuvan 7niversity.
This report is divided into five chapters8 the first chapter of the report contains the information
re(ardin( the study, I.e. its bac3(round, ob1ective, methodolo(y, and limitation.

5
ABBRE-IATION
6
0. Introdu#tion
0.0 B$#*&round
The internship pro(ram has been desi(ned by Tribhuvan 7niversity for the partial fulfillment of
the de(ree of &achelor in &usiness Administration /&&A0 for the course of "inance and &an3in(.
Accordin( to the desi(ned pattern of this pro(ram, students need to complete internship for the
period of 9
T#
)ee3s and prepare the report for the fulfillment of de(ree.
This report has been prepared as per the internship re.uirement of Tribhuvan 7niversity, *chool
of mana(ement in the partial fulfillment of &&A de(ree. As a part of the 7niversity curriculum,
the internship course carries si4 credit hours.
:.; !b1ective of the study
The main ob1ective of the study<internship pro(ram is to relate the theoretical 3no)led(e )ith
practical one. The study also helps to (ain professional e4perience in the real )or3 environment.
&eside this, the other part of the ob1ectives is to develop internee=s s3ill on communication,
decision ma3in(, confidence buildup, etc
The main ob1ectives of the study are as follo),
> To relate our theoretical understandin(s of mana(ement ac.uired till the period )ith the
real )or3 environment.
> To study and analy2e )or3in( system of the various departments of the ban3 and come
up )ith the list of stren(ths and )ea3nesses.
> To understand the ma1or functions alon( )ith products and services of commercial ban3s.
> To understand the (eneral ban3in( activities, its practices and policies.
7
:.? Methodolo(y
Accordin( to the desi(ned patterned of this pro(ram, students need to complete internship for the
period of 9
th
)ee3s and prepare the report. The report is prepared by usin( the information that is
obtained from different sources i.e. intervie), bulletin, ne)spapers, boo3let, )ebsites, and
annual report of #&$.

:.?.: !r(ani2ation *election>
:.?.; +lacement
:.?.? 'uration
:.?.@ Activities performed
!r(ani2ation selection
&efore selectin( the or(ani2ation, I dropped my urriculum>Aitae at different ban3s. I had to
choose the best alternatives. onsiderin( the su((estion and recommendation from my friends
and family, I choose #imalayan &an3 $imited to )or3 as an intern. My colle(e also provided me
the recommendation letter, )hich helped me to (et a chance to )or3 as an internee in one of the
best ban3s in the country.
+lacement
Re(ardin( the placement, I )as first placed at the customer service department. 'urin( my stay I
learned to familiari2e myself to the environment and learn the activities performed by the card
center. $ater I )as placed in the remittance promotion department, and $ department. I stayed
at the remittance promotion department for comparatively lon(er period, so I could collect and
study all the possible details about the remittance transfer. 'ue to lac3 of the time, I stayed at the
Trade "inance department for ; days only. *o I could only study about (eneral procedures of
issuance of $etter of redit.
'uration
8
The duration of internship period has been defined for ei(ht )ee3s by Tribhuvan 7niversity. I
have completed my internship pro(ram )hich lasted for t)o months at #imalayan &an3 $imited
at Thamel &ranch. 'urin( this period I )as placed at administration department, customer
service, remittance, $etter of credit department. I )as allo)ed to )or3 for ei(ht )ee3s startin(
from Buly ;
nd
to *eptember :
st
.
Activities +erformed in the or(ani2ation
#imalayan &an3 $imited is one of the ma1or financial intermediaries )hose primary function is
the transfer of monetary resources from the savers to the users. This section includes the study
based on the internship period and the various tas3s performed durin( the stay in ban3. The
follo)in(s are (eneral function of #&$, )hich I )as allo)ed to learn durin( my internship
period. &ut these functions are performed by different departments.
#&$ provides different customer services li3e openin( and closin( of accounts, issuin(
che.ue boo3, account statements, balance certificates, debit and credit cards and access to e>
ban3in(.
The other functions are Issue of (uarantee, $etter of redit, fund transfer, &ills<Remittance,
safety of valuable (oods, etc.
+romotion of remittance for those )ho are in abroad for different purposes,
&esides above functions, I )as also allo)ed to learn other activities that are performed in
different departments li3e ho) to open the different accounts, )hat the (eneral procedures to
open these accounts, ho) to verify the ori(inal data, and ho) to solve the customer .ueries as
)ell as complaints, ho) to ma3e ban3 statements, etc. In the remittance department, I learnt the
procedure of collectin( remittance, ho) to identify the actual remittance receiver, sendin(
remittances, etc.
:.@ $imitations of the *tudy
9
'urin( the preparation of this report, there )ere many limitations, )hich are as follo)s,
:. The study is mainly based on the data provided in the annual report. ;. Therefore, the
accuracy of results and conclusions are totally depended on data published in annual report.
?. The study is about #&$ only.
@. The study only covers the transaction of remittance.
C. The report is prepared for an academic purpose only.
D. !nly ei(ht )ee3s data are ta3en into consideration due to data unavailability.
E. The deep analysis and study couldn=t be done due to time and data limitation.


#A+TER II
10
INTR!'7TI! T! T#E IN'7*TR%
&an3in( *ector
&an3in( sector plays an important role in the economic development of the country.
ommercial ban3s are one of the vital aspects of this sector, )hich deals in the process of
channelisin( the available resources in the needed sector. It therefore acts as an intermediary
bet)een the deficit and surplus (roup of the financial resources.
"inancial system contains t)o components vi2. depository and non>depository financial
institutions. ommercial ban3s and finance companies are the e4amples of the depository
institutions )here as Employee +rovident "und, 'evelopment &an3s, Insurance ompanies,
etc. are the e4amples of non>depository financial institutions. The study in this report is
concerned )ith the depository financial institutions i.e. #imalayan &an3 $td. "inancial
institutions play an important role in the proper functionin( of the economy. These
institutions act as an intermediary bet)een the individuals )ho lend and borro) financial
instruments. These institutions ma3e the flo) of investment easier.
'evelopment of &an3in( Industry in Nepal
$i3e other countries (oldsmiths, merchants and moneylenders )ere the ancient ban3ers of Nepal.
Te1arath Adda established durin( the tenure of the then +rime Minister Ranoddip *in(h /:F??
&.*0 )as the first step to)ards the institutional development of ban3in( in Nepal. Te1arath Adda
did not collect deposits from the public but (ave loans to employees and public a(ainst the
bullion.
&an3in( in modern sense started )ith the inception of Nepal ban3 limited /N&$0 on :FF@<E<?G
&.*. Nepal ban3 limited had a #erculean responsibility of attractin( people to)ard ban3in(
sector from pre>dominant moneylenders net and of e4pandin( ban3in( services. &ein( a
commercial ban3, it )as natural that N&$ paid more attention to profit (eneratin( business and
preferred openin( branches at urban centers.
11
Government ho)ever had onus of stretchin( ban3in( services to the noo3 and corner of the
country and also mana(in( financial system in a proper )ay. Thus, Nepal Rastra &an3 /NR&0
)as set up on &.*. ;G:?.G:.:@ as a central ban3 under Nepal Rastra &an3 act ;G:; &.*. *ince
then, it has been functionin( as the (overnmentHs ban3 and has contributed to the (ro)th of
financial sector. The ma1or challen(e before NR& today is to ensure the robust health of financial
institutions. Accordin(ly, NR& has been tryin( to chan(e them and has introduced a host of
prudential measures to safe(uard the interest of the public. NR& is yet to do a lot to prove
themselves efficient supervisors. NR& really re.uires stren(thenin( their policyma3in(,
supervision and inspection mechanism.
Inte(rated and speedy development of the country is possible only )hen competitive ban3in(
service reaches noo3s and corners of the country. Keepin( this in mind, (overnment set up
Rastriya &ani1ya &an3 /R&&0 in &.*.;G;;<:G<:G as a fully (overnment o)ned commercial ban3.
As the name su((ests, commercial ban3s are to carry out commercial transaction only. &ut
commercial ban3s had to carry out the functions of all types of financial institutions. #ence,
industrial development center /I'0 )as set up in ;G:? &.*. for industrial development. In ;G:D
&.*. I' )as converted to Nepal industrial development corporation /NI'0. *imilarly,
a(ricultural development ban3 /A'&0 )as established in ;G;@<:G<GE &.*. to provide finance for
a(ricultural produces so that a(ricultural productivity could be enhanced by introducin( modern
a(ricultural techni.ues. Moreover, security e4chan(e center )as renamed Nepal stoc3 e4chan(e
in :FFG.NE+*E opened its tradin( floor on :? Banuary :FF@.
Iith the establishment of R&& and A'&, ban3in( service spread to both the urban and rural
areas. NR& also (ave incentive to N&$ to e4pand their branches to rural areas. This helped the
common people reduce their burden of payin( hi(her rate of interest to moneylenders and
absolved them from 3o)to)in( before moneylenders. It is natural e4pectations of customers
)hich 3eep on increasin(. !nce they (ot ban3in( services, they )ere e4pectin( improvement
and efficiency. #o)ever, e4cess political and bureaucratic interference and absence of modern
mana(erial concept in these institutions )as hurdle in this re(ard. &an3in( service to the
satisfaction of customers )as a far cry. The inception of Nepal Arab &an3 $td. /renamed as
Nabil &an3 $td. on Banuary :, ;GG; A.'.0 on ;G@:<G?<;F &.*. /Buly:;, :F9@ A.'.0 as the first
1oint venture ban3 to be a milestone in the history of ban3in(. Nabil &an3 (ave a ne) ray of
hope to the slu((ish financial sector.
12
The very mar3etin( concept of Nabil &an3 forced the other ban3 in operation to be more
customers oriented and led the influ4 of commercial ban3s. #avin( observed the success of
Nabil &an3 based on mar3etin( concept and also because of liberal economic policy adopted by
the successive (overnments, follo)in( commercial ban3s came into bein(.
&ecause of hi(her return on investment and lo)er capital re.uirement, entrepreneurs )ere
interested in settin( up ne) ban3s includin( branches of forei(n ban3s. #o)ever, current
political and economic scenario of the country coupled )ith ne) prudential norms of Nepal
Rastra &an3 and stiff competition may ma3e the entrepreneurs (ive a second thou(ht to the idea
of establishin( ban3s.
ommercial &an3s
ommercial ban3s are the ma1or components in the financial system. They )or3 as the
intermediary bet)een depositors and lenders and facilitate in overall development of the
economy, )ith ma1or thrust in industrial development. In modern time, commercial ban3s, )hich
are facilitated, re(ulated and supervised by the central ban3, confine them and concentrate in
their activities of fulfillin( needs of their customers.
Modern commercial ban3s can be identified by different name such as business ban3s, retail
ban3s, clearin( ban3s, 1oint venture ban3s, they all perform the same basic function i.e. they
provide a lin3 bet)een lenders, those )ho have surplus of money and do not )ish to spend
immediately )ith borro)ers, those )ho do not have surplus money but )ish to borro) for
investment in productive purpose. &asically, by char(in( a rate of interest to borro)ers sli(htly
hi(her than they pay to lenders, the ban3s ma3e their profit. This is 3no)n as financial
intermediation.
.
13
Importance of ommercial &an3s
:. hannelise the idle resources to)ards the economic activities.
;. +rovide financial services in order to systemi2e the customerHs financial activities.
?. #elp build the efficient financial sector of the economy.
@. Assists for rapid economic (ro)th of the country by providin( parties )ith deficit of
fund, re.uired and reasonable financial assistance.
"unctions of ommercial &an3s
Thou(h the primary function of commercial ban3s is to act as a H(o> bet)eenH the savers and
users of funds and channelise idle and scattered resources prevalent, it assists financial system by
underta3in( follo)in( other functions,
ore functions,
The core functions of commercial ban3s is to ease the business or any other economic
activity by either providin( funds to parties )ith deficit of it acceptin( deposit from those
)ith surplus of it, or providin( any other non fund based services li3e issuin( letter of credit,
issuin( (uarantee, remittance and safe deposit loc3ers
*upport functions,
The ban3, in order to support its core function of lendin( and borro)in( fund, has to perform
support functions li3e personnel, administrative, operations and mana(ement information
system.

+ersonnel,
All the functions related to the mana(ement of human resources are included
in this cate(ory. *ome of the functions related to human resource may be stated as,
:. #irin( and firin(.
;. Bob desi(n and evaluation.
14
?. Motivational functions.
@. +erformance evaluation.
C. oordination and
D. Maintainin( cordial relationship and favorable environment.
Administrative,
7nder administrative functions of ban3in(, procurement and supplies, administration of
contracts, fulfillin( contractual obli(ations and mana(ement of the lo(istics are included.
These functions are related )ith the e4ternal affairs and procurement and distribution of
materials re.uired for day>to>day operations.

!perations,
The activities related )ith operation procedure, system and technolo(y and inter>branch
tractions are included in operation function. These functions hold reasonable importance as these
are related )ith ho) the primary functions /lendin( and borro)in(0 are to be performed and
mana(ement of system and technolo(y involved in such functions.
15
$ist of $icensed ommercial &an3s of Nepal
Table No., :
$ist of $icensed ommercial &an3s of Nepal

*.No.
ommercial &an3s
!peration 'ate #ead !ffice
:
Nepal &an3 $td./N&$0
:FF@<GE<?G Kathmandu
;
Rastriya &ani1ya &an3/R&&0
;G;;<:G<:G Kathmandu
?
A(riculture 'evelopment &an3
$imited
;G;@<::<GE Kathmandu
@
NA&I$ &an3 $td.
;G@:<G?<;F Kathmandu
C
Nepal Investment &an3 $td.
;G@;<::<:D Kathmandu
D
*tandard hartered &an3 Nepal
$td./*&$0
;G@?<:G<:D Kathmandu
E
#imalayan &an3 $td./#&$0
;G@F<:G<GC Kathmandu
9
Nepal *&I &an3 $td.
;GCG<G?<;? Kathmandu
F
Nepal &an(ladesh &an3 $td.
;GCG<G?<;? Kathmandu
:G
Everest &an3 $td./E&$0
;GC:<GE<G: Kathmandu
::
&an3 of Kathmandu $td./&!K0
;GC:<::<;9 Kathmandu
:;
Nepal redit and ommerce &an3
$td./N0
;GC?<GD<;9 *iddharthana(ar,
Rupendai
:?
$umbini &an3 $td.
;GCC<G@<G: Narayan(hat,
hit)an
:@
Nepal Industrial J ommercial
&an3 $td.
;GC?<GD<;9 &iratna(ar,
Moran(
:C
Machhapuchhre &an3 $td.
;GCE<GD<:E +o3hara
:D
Kumai &an3 $td.
;GCD<G9<;@ Kathmandu
:E
$a4mi &an3 $td.
;GC9<:;<;: &ir1un(
:9
*iddhartha &an3 $td.
;GC9<GF<GF Kathmandu
:F
Global &an3 $td.
;GD?<GF<:9 &ir1un(
;G
iti2en &an3 $td.
;GD?<:;<:G
;:
+rime &an3 $td.
Kathmandu
;;
*unrise &an3 $td
Kathmandu
;?
&an3 of Asia $td.
Kathmandu
;@ Nepal Merchant &an3
Kathmandu
;C Nepal 'evelopment &an3
Kathmandu
16
A Profile of Himalayan Bank Limited
#imalayan &an3 )as established in :FF? in 1oint venture )ith #abib &an3 $imited of +a3istan.
'espite the cut>throat competition in the Nepalese &an3in( sector, #imalayan &an3 has been
able to maintain a lead in the primary ban3in( activities> $oans and 'eposits.
$e(acy of #imalayan &an3 lives on in an institution thatHs 3no)n throu(hout Nepal for its
innovative approaches to merchandisin( and customer service. +roducts such as +remium
*avin(s Account, and #&$ +roprietary ard besides services such as ATMs and Tele>ban3in(
)ere first introduced by #&$. !ther financial institutions in the country have been follo)in( the
lead by introducin( similar products and services. Therefore, #&$ stand for the innovations that
they brin( about in this country to help their ustomers besides moderni2in( the ban3in( sector.
Iith the hi(hest deposit base and loan portfolio amon(st private sector ban3s and e4tendin(
(uarantees to correspondent ban3s coverin( e4posure of other local ban3s under their credit
standin( )ith forei(n correspondent ban3s, they believe they obviously lead the ban3in( sector
of Nepal. The most recent ratin( of #&$ by &an3ers= Almanac as country=s number : &an3
easily confirms their claim.
All &ranches of #&$ are inte(rated into Globus /developed by Temenos0, the sin(le &an3in(
soft)are )here the &an3 has made substantial investments. This has helped the &an3 provide
services li3e KAny &ranch &an3in( "acility=, Internet &an3in( and *M* &an3in(. $ivin( up to
the e4pectations and aspirations of the ustomers and other sta3eholders of bein( innovative,
#&$ very recently introduced several ne) products and services. *mall &usiness Enterprises
$oan, +re>paid Aisa ard, International Travel Luota redit ard, onsumer "inance throu(h
redit ard and online T!E"$, *AT, IE$T*, etc. fee payment facility are some of the products
and services. #&$ also has a dedicated offsite K'isaster
Recovery Mana(ement *ystem=. $oo3in( at the number of Nepalese )or3ers abroad and their
need for formal money transfer channel8 #&$ has developed e4clusive and proprietary online
money transfer soft)are> #imalRemit TM. &y deputin( our o)n staff )ith technical tie>ups )ith
local e4chan(e houses and ban3s, in the Middle East and Gulf re(ion, #&$ is the bi((est in)ard
17
remittance>handlin( &an3 in Nepal. All this only reflects that #&$ has an outside>in rather than
inside>out approach )here ustomers= needs and )ants stand first.
#&$ is not only a &an3, It is committed orporate iti2en
orporate *ocial Responsibility /*R0 holds one of the very important aspects of #&$. &ein(
one of the corporate citi2ens of the country, #&$ has al)ays promoted social activities. Many
activities that do a common (ood to the society have been underta3en by #&$ in the past and
this happens as #&$ on an on(oin( basis. *i(nificant portion of the sponsorship bud(et of the
&an3 is committed to)ards activities that assist the society as lar(e.
The &an3=s Aision,
#imalayan &an3 $imited holds of a vision to become a $eadin( &an3 of the country by
providin( premium products and services to the customers, thus ensurin( attractive and
substantial returns to the sta3eholders of the &an3.
The &an3=s Mission,
The &an3=s mission is to become preferred provider of .uality financial services in the country.
There are t)o components in the mission of the &an38 +referred +rovider and Luality "inancial
*ervices8 therefore people at #&$ believe that the mission )ill be accomplished only by
satisfyin( these t)o important components )ith the ustomer at focus. The &an3 al)ays strives
positionin( itself in the hearts and minds of the customers. #imalayan &an3 is committed to be a
&an3 )hich has MThe +o)er to $ead.M
The &an3=s !b1ective,
To become the &an3 of first choice is the main ob1ective of the &an3.
:. To become a leadin( ban3 in the country by providin( premium products and services
and then ensurin( attractive and substantial return to shareholders.
18
;. To emer(e as a .uality provider of the .uality financial services of the country.
?. To become the ban3 of first choice.
@. To ensure handsome and steady return on investment.
C. To provide ban3in( services )ith difference. To respond to all ban3in( needs courteously
and co efficiently.
D. To promote productivity throu(h sustainable benefits,
E. To become a responsible national institution.
9. To brid(e the (ap bet)een savers and borro)ers efficiently and effectively.
#imalayan &an3 has access to the )orld)ide correspondent net)or3 of #abib &an3 for fund
transfer, letter of credit or any ban3in( business any)here in the )orld. #abib &an3 is the lar(est
and oldest ban3 in +a3istan havin( over :EGG domestic and DC overseas branches coverin( all
continents and over :9GG correspondents )orld)ide. &esides, #imalayan &an3 has
correspondent arran(ement )ith :E9 internationally reno)ned ban3s li3e American E4press
&an3, itiban3, A&N Amro etc.
The head office of #imalayan &an3 $imited is situated at Karmachari *anchaya Kosh
&uildin(,Tridevi Mar(, Thamel.
The ban3 has fifteen branches over the country. Amon( the total, five are located inside the
capital includin( the head office and the rest is dispersed throu(hout the country.
The various branches of #&$ operatin( throu(hout the country are as under,
Table No, ;
*.N Name of branches &ranch Address
: +o3hara &ranch Ne) Road, +ho3hara Kas3i
; Mahara1(un( &ranch Teachin( Mahara1(un(, Kathmandu
? Ne) Road &ranch &ishal &a2ar Kathmandu
@ &ut)al &ranch Traffic ho)3
19
C +atan &ranch +ulcho3, $alitpur
D Tandi &ranch Ratnana(ar ,Tadi, hit)an
E &ir(un1 &ranch Mahabir Road, &ir(un(, +arsa
9 'haran &ranch +utali $ine, 'haran, *unsari
F #etauda &ranch Main Road #etauda
:G &anepa &ranch Main Road &enepa, Kavre
:: *iddartha Na(ar &ranch +olice olony , &hairaha)a
:; &iratna(ar &ranch *hanihat Main Road &iratna(ar
:? redit ard &ranch +ulchoc3 ,$alit+ur
:@ &ha3tapur &ranch Katun1e ,&ha3atpur
:C Narayan(adh &ranch +ulchoc3 , hit)an
/*ource, Annual report of #&$0
E.uity participation,
Table no,
!)nership N
$ocal>
>Employee +rovident "und
>Nepalese +romoters
>General public
:@
C:
:C
"orei(n/#abib &an3$imited,
+a3istan0
;G
Total :GG
20

Sh$re O+nership o" HBL
14
51
15
20
Employee Provident Fund
Nepalese Promoters
General public
Foreign (Habib an!"
/*ource, Annual report of #&$0
A)ards And Reco(nitions
Awards and Reconitions recei!ed "y Himalayan Bank Limited in t#e last fi!e years
Number : &an3 of Nepal> ;GGD a)arded by The &an3ers= Almanac, &ritain
Number : &an3 of Nepal> ;GG? a)arded by The &an3ers= Almanac, &ritain
National E4cellence A)ard> ;GG? a)arded by "ederation of Nepal hambers of
ommerce and Industry
The &an3ersH Almanac The &an3ersH Almanac
21
Iorld Ran3in( ;GGD Iorld Ran3in( ;GG?
"NI > National E4cellence A)ard ;GG?
+roducts and *ervices offered
Thou(h the &an3 is fairly youn( in terms of tenure of operations, it has been the innovator of
tenure of its operations8 it has been the innovator in introducin( many ne) products in Nepalese
financial mar3et. To illustrate it, the follo)in( products have been implemented till no),
redit card,
#imalayan ban3 has been a pioneer in introduction in introducin( a Nepalese domestic credit
card8 the ban3 has introduced M#imalayan &an3 Gold ardM. #imalayan &an3 is also the
member of AI*A and MA*TERAR' international. The ban3 issues all ran(es of AI*A card
and is developin( frame)or3 for MA*TERAR' issuance.
Tele>&ranch &an3in(,
To provide more prompt and efficient services to customers, #imalayan &an3 has been
pioneerin( in institutin( teleban3in( services. 'ialin( a pre>specified telephone number client
can have information on,
Ma3e balance and statement in.uiries.
!rder statement and che.ueboo3
22
Get information on forei(n e4chan(e, interest rates etc.
Any>&ranch &an3in(,
The ban3 has any branch>ban3in( facility in Ne) Road, Thamel, and +atan branches and is
loo3in( for)ard to e4tendin( it to other branches as soon as possible. Adoption of )orld )ide
accepted G$!&7* soft)are enhances the convenience of operatin( this service and security of
the operation as )ell. This product, inte(rated )ith the core ban3in( system )ill enable to ma3e
certain operations li3e )ithdra)al and deposit of cash and che.ues from any of the ban3Hs
branches can )al3 into any of the ban3Hs branches possible. ustomers maintainin( an account
)ith any of the branches can )al3 into any of the branches convenient to them for operation of
the account, )hich means they are not restricted to particular branch for operatin( that account.
ATM /Automatic Teller Machine0,
Automatic teller machine /ATM0 placed in the premises of Thamel branch, Ne) Road branch,
Mahara1(un1 branch and +atan branch enables the ban3 to e4tend the ban3 facilities to
;@ hours. ustomers can utili2e ATMs and ma3e )ithdra)al at any time, be it C a.m. in
the mornin( or the :; p.m. at midni(ht. To use this facility, one must re.uest for the
ATM card from any of the four branches providin( service. ItHs the beauty of ATM
service that enables one to )ithdra) cash from account in any of the branch providin(
this service
#ome loan and #ire purchase loan,
The ban3 has recently introduced home loan as its ne) product under )hich employed or self>
employed persons or pensioners )ithin the a(e brac3et of ;C to DC years )ith re(ular and stable
source of income and ade.uate savin( are .ualified. In case of home loan, it re.uires the
proposed site to be accessible )ith at least F feet motorable road and should fall under the ban3Hs
criteria for collateral mort(a(e. The primary focuses of this product are the professionals li3e
doctors, en(ineers, la)yers, and chartered accountants as )ell as self employed businessman.
The ban3 provides #ome loan for three basic purposes, vi2.
+urchase
onstruction
E4tension
23
The ban3 provides loan for almost every vehicles, especially for personal use, and vehicles brand
but the ban3 has special scheme for #yundai and +erouda cars under )hich thy provide loan to
the customer in a comparatively lo)er interest rate. The ban3 finances ma4imum up to EG and 9G
percenta(e of the total cost in home and hire purchase loan respectively.
#imal Remit,
#imal Remit is one of its latest products, )hich facilitates transfer of fund from almost all over
the )orld, especially from all the parts of the Middle East, in most of the ma1or currencies. The
funds can be transferred throu(h the correspondent ban3 arran(ement )ith various financial
institutions in Middle East to facilitate efficient fund transfer. "urthermore, funds can also be
transferred )ithin the country to the follo)in( cities in Nepal directly, and the ban3 provides
service of transferrin( funds to other cities on Nepal, via its total correspondents or branches.
Apart from these services there are some other innovative measures too, accidental death
insurance is one e4ample of it. It covers individual account holders. The insurance benefit
payable to the nominee of the account holder is a lump sum e.uivalent to four> time ht minimum
balance in the account durin( the month of the event, sub1ect to a ma4imum of CGG,GGG Rupees.
+*A scheme /+remium *avin( Account *cheme0 provides incentives for all account holders )ith
balance of more than CG,GGG. +*A holders are served throu(h a special counter in all branches.
The participants of this scheme can receive #imalayan &an3 Gold ard, ATM card alon( )ith
tele>ban3in( facility, free of char(e. The customers under this scheme are (iven preference in
providin( self>deposit loc3ers. They also en1oy ;GN )avier in rental on the small si2e loc3ers.
Interest on all accounts as such is calculated on daily basis. +*A holders maintainin( avera(e
balance of over :GG,GGG are eli(ible to ta3e part in luc3y dra) under a premium pri2e and several
other pri2es are (iven every month.
The ban3 currently offers follo)in( types of deposits schemes to the customers,
urrent account
*avin( account
*hort term deposit account. /E days to FG days0
"i4ed term deposit. /Above FG days0
The ban3 accepts and maintains these types of deposit accounts in the follo)in( currencies.
24
Nepali Rupees
7* 'ollars
+ound *terlin(
'eutsche Mar3
Bapanese %en
*)iss "ranc
Any customer complyin( )ith the (eneral rule for account openin( and fulfillin( the document
re.uirement can open an account
urrent *tatus of the !r(ani2ation
The #imalayan &an3 $imited is one of the best ban3s in the country. The &an3 holds a vision to
become a Leadin Bank of t#e co$ntry by providin( premium products and services to
the customers, thus ensurin( attractive and substantial returns to the sta3eholders of the
&an3.
$e(acy of #imalayan &an3 lives on in an institution thatHs 3no)n throu(hout Nepal for its
innovative approaches to merchandisin( and customer service. +roducts such as +remium
*avin(s Account, #&$ +roprietary ard and Millionaire 'eposit *cheme besides services such
as ATMs and Tele>ban3in( )ere first introduced by #&$. !ther financial institutions in the
country have been follo)in( the lead by introducin( similar products and services. Therefore,
#&$ stand for the innovations that they brin( about in this country to help their ustomers
besides moderni2in( the ban3in( sector. Iith the hi(hest deposit base and loan portfolio
amon(st private sector ban3s and e4tendin( (uarantees to correspondent ban3s coverin(
e4posure of other local ban3s under their credit standin( )ith forei(n correspondent ban3s, they
believe they obviously lead the ban3in( sector of Nepal. The most recent ratin( of #&$ by
&an3ers= Almanac as country=s number : &an3 easily confirms their claim.
The &an3 believes in
:. +rovidin( .uality services to the customers
;. &uildin( healthy future for &an3 Employees
25
?. +rovidin( attractive return to sta3eholders
@. 7pholdin( honesty and sincerity
C. Embracin( e4tra>curricular activities for refreshments and fun at )or3
D. 'evelopin( a fruitful bond )ith the *ociety throu(h continuous socially responsible
activities.
Remittances
Remittance in simple )ords is the transfer of the funds> a portion of mi(rant=s earnin(s from the
mi(ration destination to the place of ori(in. Remittance transfers may be
domestic or international. The term 5remittance6 is normally limited to denote monetary and
other cash transfers transmitted by mi(rant )or3ers to their families and communities. 'omestic
remittances occur, for e4ample, )hen there is mi(ration from rural to urban areas )ithin a
country. *imilarly international remittances are defined as cross-border person-to-person
payments typically recurrent in nature /e.(. )ho send money to their families in their home
country every month0.
The emphasis is on person>to>person payments rather than payments to purchase (oods and
services or business>to>business payments. These person>to>person payments are typically
relatively lo)>value compared to, for e4ample, )holesale ban3>to>ban3 transfers. /O Avera(e si2e
of remittance to Nepal amounts 7*' ;GG to @GG0. !ften the flo)s are bet)een relatively lo)>
income individuals and the senders, as mi(rants, may not al)ays be )ell inte(rated into all
aspects of the host>countryHs society and economy. In addition, althou(h remittance transfers are
typically recurrent, in practice they are usually made as a series of individual instructions rather
than by standin( order.
26
REMITTANE IN NE+A$,
Remittance received from abroad has been one of the ma1or factors for Nepalese Economy. It has
continued to be the ma1or source that in1ects much>needed cash into the economy /O currently
remittance contributes to more than :@N of the total G'+ of the country0. Apart from
contributin( si(nificantly to the forei(n e4chan(e reserves of the country, this enhances the
import potential of the country )hich )ill eventually drive the (ro)th of the economy as a
)hole.
"or the underdeveloped country li3e Nepal, the flo) of funds from mi(rant )or3ers bac3 to their
families in their home country is an important source of income. Appro4imately 7*' : billion
per year enters the country in the name of remittance achievin( at least 9N (ro)th each year.
The clearer picture of the (ro)th of remittance in Nepal can be assessed throu(h follo)in( data,
Table no,
*ituation of Remittance in Nepal
%ear Amount Annual Gro)th Rate
/N0
N+R /&illion0 7*' /Million0
FC<FD @ C9
FD<FE D ED ?G.GD
FE<F9 E F@ ;@.F
F9<FF :G :?F @E.D
FF<GG :? :E: ;;.9
GG<G: :D ;:C ;C.D
G:<G; ;: ;9? ?:.E
G;<G? C@ E?; :C9.E
G?<G@ CF EF; 9.:
G@<GC DD 99D ::.F
GC<GD :GE :@@C D?.:
The
above
fi(ures
clearly
sho)
27
that the remittance inflo) to Nepal has been increasin( in a very steady )ay. The ma1or (ro)th
can be seen in ;GG?<G@ and ;GGC<GD re(isterin( the (ro)th of C@N and :C9.EN and D?.:N
respectively. #o)ever one of the important factor to be considered here is that still at least ?CN
of the total remittance have been comin( throu(h the unofficial channels such as hundi and
personal delivery )hich may affect the contribution of the remittance in the total economic
(ro)th of the country and to the remittance industry as a )hole if it is not controlled )hich is
operatin( at much lo)er cost than that of remittin( company=s increasin( their attractiveness.
Acti!ities done reardin %romotion of Himal Remit
#imalRemit, a premium online customer focused and technolo(y oriented Money Transfer
product is brou(ht to you by #imalayan &an3 $imited, the leadin( 1oint venture ban3 of Nepal.
#imalayan &an3 is a pioneer in the field of retail money transfer business )ith over :: years of
customi2ed service delivery e4perience in the field. #imalayan &an3 has the lar(est net)or3
coverin( all ma1or cities, to)ns and villa(es of the country and is capable of payin( at more than
;GG locations across Nepal.
#imalRemit is a state of art )eb>based money transfer system. It is easily accessible throu(h our
main )eb domain http,<<))).himalayanban3.com<. It can be directly accessed by all our
branches thus ensurin( prompt e4ecution of the remittance. The product is monitored and
28
serviced ;@<E by our Remittance *ervice 'epartment dedicated to deliver fast and reliable
services to the ustomers.
The remittin( a(ency can transfer funds either to the beneficiary a(ainst the identification
document or can credit the ustomer=s Account maintained either )ith #imalayan &an3 $imited
or other local ban3s of Nepal.
The money transferred throu(h this product )ill be on real time basis. The system )ill
automatically (enerate RA' number. The RA' number is number (enerated by the system for
each transaction and is uni.ue and this becomes the main basis for payment at the receivers= end.
The RA' number consists of ten di(its.
:. The remitter )ill ma3e re.uest for fund transfer to pre>a(reed location a(ainst cash
deposit and he< she is re.uired to fill all details i.e. Name, I' number, urrency J
Amount etc.
;. &ased on the information provided by remitter, remittin( a(ent shall transfer the data to
the system and upon approval of transfer, RA' number )ill be (enerated by the *ystem,
)hich )ill be provided to the remitter.
?. The remitter )ill have to pass details of RA' number, Amount and nearest location from
)here money is to be collected to the beneficiary. The beneficiary )ill (o to the pre>
arran(ed payment location and claim the amount. The payment location )ill be either
#imalayan &an3 &ranch or #&$ a(ent.
@. "or the payment to be paid from the #&$ branch, the branch, upon confirmation of RA'
number and identification of beneficiary, )ill ma3e the payment.
C. "or the payment to be paid from other authori2ed a(ent, a(ent shall ma3e payment upon
confirmation of RA' number, Identification and after receivin( authori2ation from
#imalayan &an3 $imited.
D. "or the payment to be credited to the account )ith #&$ and< or other ban3s in Nepal,
payment details i.e. beneficiary=s name, account number, ban3< branch name and amount
etc., )ill be provided in #imalRemit. &ased on the information in the *ystem, #&$ )ill
arran(e to ma3e deposit to the beneficiary=s account. #&$ )ill arran(e to ma3e deposit to
beneficiary=s branch throu(h its branch )here #&$ has branch or throu(h its a(ent,
)here #&$ does not have its &ranch.
29
E. Account credit confirmation )ill be provided to Remittance +romotion 'epartment by
#&$ branch< payin( a(ent that )ill be passed on to the Remittin( a(ent.
9. +ayin( a(ent, after ma3in( the payment, )ill send the confirmation of payment to
#imalayan &an3, )hich )ill be sent to the remittin( a(ent as confirmation of payment.
F. The system facilitates remittin( a(ent/s0 to bro)se the status of particular payment on the
basis of RA' uni.ue numbers.
*pecial "eatures of #imal Remit> the !nline Remittance *oft)are,
Ieb based technolo(y, direct access from our main )eb site
http,<<))).himalayanban3.com<
+rovide instant updates on remittance re.uest at the receivin( end for prompt processin(.
Mana(e a(ents and officers throu(h central administration at #imalayan &an3.
+rovide a secure and reliable means of remittance information.
+rovide instant updated information to the #&$ a(ents.
"or the promotion of #imal remit, durin( the internship, I visit the various place for this purpose
)here I had to open the account for those )ho are (oin( abroad for the purpose of earnin( li3e
Korea, 'ubai, Latar, 7AE, *audi Arabia and so on
Account open for them is savin( account of 2ero balance those )ho are (oin( Korea and Rs.:GG
for those )ho are (oin( other countries. !ne family member of them could also en1oy the
facilities provided by the ban3.
Savings Account
*avin(s 'eposit Account can be opened in any of our &ranch !ffices. The minimum deposit to
be maintained by the ustomer varies accordin( to the &ranch. ustomers are provided )ith free
personal accidental death insurance. ustomers openin( this account (et a free he.ue &oo3.
The &an3 offers Any &ranch &an3in( "acility.
"eature,
:. Interest )ill be calculated and credited to depositorHs *avin(s Accounts on minimum
monthly balances in every *i4 Months.
30
;. The minimum deposit ran(es from NR* ;,CGG.GG to NR* :C,GGG.GG to open a *avin(s
Account in $ocal urrency dependin( upon the &ranch. Minimum deposit to open forei(n
currency A< is 7*' CG.GG or e.uivalent in forei(n currency A<. No interest )ill be provided
for balance less than specified above.
'ocument Re.uirements for openin( account
"ollo)in( documents are re.uired to open a urrent<*avin(s<+remium *avin(s Account )ith the
&an3 dependin( upon the type of Account,
a. +ersonal Identification, iti2enship ertificate or +assport and ? copies of
+hoto(raph8
b. Nominee 'eclaration
"or the promotion of #imal remit I )ent to &hainsepati )here people selected by
(overnment for )or3in( Aisa in Korea are trained. "or this I )ent there four times.
Table no,
Number of ustomer )ho open account under #imal remit.
Aisit times Number of people )ho open the account
: DC
; :D
? ;9
@ ?D
Total :@C
+eople open this account because of follo)in( facilities,
It can be directly accessed by all our branches thus ensurin( prompt e4ecution of the
remittance
31
The product is monitored and serviced ;@<E by our Remittance *ervice 'epartment
dedicated to deliver fast and reliable services to the ustomers.
an credit the ustomer=s Account maintained either )ith #imalayan &an3 $imited or
other local ban3s of Nepal.
ustomers are provided che.ue boo3 alon( )ith Aisa debit card )hich can be used in
Nepal and India.
Ihen account is opened by customers there )ill be accidental death insurance up to Rs.C
la3hs.
&y these features people are attracted to)ards the himal remit.
!ther activities done in the #imalayan &an3,
Account open for other customer )ho )ant to open account in ban3
+rintin( of he.ue and preparin( che.ue boo3.
+rintin( of statements and balance certificates.
Assist in card services
The other functions are Issue of (uarantee, $etter of redit, fund transfer, &ills<Remittance.
+roblems related to activities performed,
*ometimes payment could not be done in proper time because of lac3 of fund in rural
areas as a(ents do not have ade.uate amount of money at that particular time.
ustomer=s (ets annoyed )hen they are bein( en.uired from the ban3ers about the
amount of remitted transactions.
'ue to the problem in internet, payments could not be done at proper time in proper
places.
32
$ac3 of a)areness in customers re(ardin( the *II"T code, process of receivin( money
etc. also causes the problem.
*ometime lac3 of manpo)er can cause problem and it affects in smooth operation of
business.
$imited access by the ban3ers )ith the a(ents )ho are involved in the money transfer
)here the customers are facin( the problem of easy payment facility to receive the
money in time.
+ossible *olution for this +roblem,
At the time of selectin( the a(ent, choose those a(ents )ho have enou(h money so
that they can ma3e prompt payment to customer.
ustomer should be made )ell a)are about the authori2ed a(ent to send and (et the
money.
*taff should be trained in re(ular interval so that they can easily cope )ith the
chan(in( environment and process of )or3in(.
Remittance a(ent should not only focus on urban area only but in rural area also,
a(ent should be placed and chain should be diversified for easy access.
ustomers should be made )ell a)are about *II"T code and other technical )ord
used durin( the remittance process.
Technical problem li3e internet problem, customer identification number error etc
should be avoided as far as possible.
C#a%ter III
Lesson learnt& Concl$sion and Recommendation
Lesson learnt
33
Ior3in( as an intern in #imalayan ban3 limited for t)o months, I )as able to use
myself in the )orld of business )here I could apply my theoretical 3no)led(e in practice. This
internship also provided me )ith (reatest opportunity to ac.uaint myself )ith the ban3in(
industry. "urther, it provided me the practical e4posure and helped me to understand corporate
social responsibility and develop corporate attitude.
:. I have learned to be in time )hile )or3in( )ith the ban3.I have learned to (et permission
before doin( any thin( and providin( any service to the customer.
;. I have understood the ban3in( procedure throu(h the ban3=s perspective.
?. I (ot chance to be familiar )ith several types of product and services provided by the
ban3
@. I have learned process of account openin( in the ban3 under different savin( sachem..
C. I have find out the e4istin( as )ell as the possible problems associated )ith ustomer
*ervice 'epartment, card section, remittance promotion department and trade operation.
D. I have learned about the chan(e in customers= preference re(ardin( the various product
launched by the ban3
E. I have learnt a lot of other aspects other than the ban3in( as to sociali2e )ith the people,
to deal )ith the senior staffs, and to deal )ith the intern collea(ue so as to ma3e the
)or3in( environment co2ier and friendlier.
9. I have also learnt that the behavioral issues are most important inside the or(ani2ation.
ustomer feel satisfied )hen they are behaved properly.
Their .ueries are needed to be ans)ered in a friendly )ay so as to retain them in the
or(ani2ation.
$astly, )or3in( in #imalayan ban3, I )as able to develop some .ualities in me )hich )ill
be helpful for me throu(hout my life. Internship in such ban3 not only (ives us an insi(ht to
learn about ho) the ban3 perform the inter ban3 transaction in Nepal , but also boosts our future
prospects in the ban3in( sectors. I )ould li3e to than3s #imalayan ban3 once a(ain for (ivin(
me an opportunity to (ro) up practically in its comprehensive ban3in( environment.

Concl$sions
&y and lar(e, a proper mar3etin( plan, a better strate(y and a smooth implementation are the
basic in(redients of any successful business. *o to operate any profitable business, lots of
home)or3 should be done. *ince the future pro(ram of #&$, are .uite (ood so delay should not
be made.
34
The study is primarily aimed at assessin( financial aspects of the ban3. It has been found that the
ban3 has )idespread branches around the ma1or cities and has a pleasant (ood)ill that it has
created in the mar3et throu(h its operations. The findin(s of analysis can be concluded as belo),
The ban3 has unsatisfactory cash reserve ratio over the revie) period. #o)ever, )e cannot
conclude it as a setbac3 due to statutory re.uirement of maintainin( avera(e cash reserve ratio on
a )ee3ly basis of immediately precedin( fourth )ee3.
The ban3, thou(h able to collect sufficient deposit does not have satisfactory loans and advances.
Analysis of other ratios sho)s that the ban3 neither has been able to perform outstandin(ly, at
least )hen )e conclude on the basis of annual report, nor has to lament for )hat it couldnHt
achieve. #o)ever, it has been noticed that the ban3s performance, from the profit to return in
assets, has been slac3enin( and that it needs improvement in its due course of operations. &ut )e
cannot overloo3 the macro>economic conditions and instability of the current affairs. The
dividend payout ratio of the ban3 has not remained in the satisfactory level. The net profit level
of the ban3 has (one up considerably over the last fe) years of operation, )hich, if not tac3led
prudently, )ould obviously hamper its profitability. #ad it been able to administer and follo) up
the loan that it had dispersed and evaluate the proposals and its creditability thorou(hly, it )ould
not have to face problems li3e these.
There is hi(h prospective and (ro)in( mar3et for card business especially ac.uirin( business.
No)adays, people are bein( a)are about card facilities and the advanta(es of holdin( a card,
)hich is (radually pro(ressin( in industriali2ation process and increasin( income level amon(
the hi(her and middle class society. *o the possibility of other ban3s and<or financial institutions
enterin( this field should not be i(nored
35
onclusively, the ban3 has been able to produce satisfactory results over the revie) period
despite environmental adversities. Ihile )e relate the present economic condition )ith its
performance, )e )onHt have any other option in hand apart from praisin( it for )hatever it has
been able to reali2e.
Recommendation
Recommendations to t#e "ank
Nepal too needs to develop the ban3in( habit of its people. Ie 1ust cannot ma3e any more
unsubstantial and detrimentally indi(enous e4cuses.
&an3 should try to focus on customer satisfaction and relation
&an3 should search for ne) opportunities and (reater covera(e in remittance service.
&an3 should try to chan(e the employee behavior by introducin( the concept of
team)or3 and dele(ate them ade.uate authority to carry out their )or3.
&an3 should try to satisfy its customer by providin( them prompt service.
To improve the s3ill of ban3s employee re(ular s3ill development pro(rams should be
initiated and periodic s3ill test for the employees can be applied
*ince so many ris3s are attached )ith the credit card business, #&$ should develop
innovative and effective ris3 mana(ement pro(rams and services for its members, )hich
helps to maintain credit card operation at a hi(h standard and prevent the fraudulent act.
"or this purpose, #&$ should (ive 3no)led(e about credit card fraud to its customer and
should prevent them from fraud by usin( latest technolo(y. &ut #&$ should also balance
36
technolo(ical cost and its respective benefits. Thus +ublic a)areness of credit card fraud
should be (enerated to capture more mar3et for credit card
To encoura(e fre.uent usa(e of cards, #&$ can introduce the concept of re)ard points.
"or e.(., for cardholders, every :GG rupees )orth of purchases made throu(h the card, the
cardholder (ains one point. These points could be redeemed for (ifts, select product
purchases and even for payin( the annual fees. *o every point )ould be e.uivalent to one
rupee. This )ould encoura(e more use of #&$=s credit card.
&an3 should build the effective feedbac3 channel so that the ban3 can 3no) and ma3e
correction from the valuable su((estions and comment and, feedbac3 of the mar3etin(
activity (iven by the consumer.
Recommendation to Internship +ro(ramme.
This internship pro(ram is fruitful to the student of &&A as they (et chance to (ain practical
3no)led(e about the &an3s, )hich they have been studyin( in their course.
As internship pro(ram is must in &&A course, students must (et clear (uidance re(ardin( the
)or3 at &an3s. Many &an3s have misconception about the intern students as they 3eep them for
fillin( purpose, doin( photocopies, fa4 etc.
Thus internship of &&A pro(ram should clearly specified alon( )ith the )or3 that interns are
ou(ht to do. It should specify that )or3 of any interns should be related )ith ban3in( activities
as they enter a ban3 to (ain a practical 3no)led(e about a &an3s.
Internship is very re)ardin( to every student of this pro(ram. It )ould )or3 more effectively
and (ives positive result if it becomes more specific. It has become difficult to ban3 as )ell as
interns re(ardin( the activities they are supposed to perform in an or(ani2ation. *o if it becomes
37
more specific and defines the criteria )ithin )hich interns are ou(ht to do )or3 or the )or3s
&an3 could (ive to the interns then this internship pro(ram surely )ould help every intern to
(ain ma4imum practical 3no)led(e about &an3s.
Recommendation to "aculty of Mana(ement / T.7.0
"irst of all I li3e to than3 to the faculty of Mana(ement by providin( the chance to read the
&&A course under the T.7, reno)ned university in the )orld by sittin( in the country. They
provide us the facilities to do internship in the financial sector of the country for the practical
3no)led(e of the course and ma3e us easily sellable in the mar3et after finishin( the course.
Accordin( to the course of &&A )e need to fulfill the internship but the faculty doesn=t specify
ho) to do and )hat )e have to do in the internship period. *o not havin( the 3no)led(e of this
)e student faces many problem in the startin( phase of the internship period. &ut )e are
successful to ma3e them convinced about our re.uirement and fulfill the t)o months internship
period.
I )ould li3e to than3s to all the people )ho help faculty of mana(ement to brin( this fruitful
course in the university and run under different colle(es of the country. At last but not the least I
)ould li3e to than3 to faculty of KI*T olle(e of Mana(ement helpin( me to (et the internship
in #imalayan &an3 limited.


Bi"liora%#y
1. +anta, +rem R /;GGG0, Fieldwork Assignment and Report Writing.
2. +andey, I. M., Financial Management, Ei(hth Edition.
3. Khan M %, Bain + K. Financial Management Text and roblems! T"ird
#dition.
38
$. &handari, 'illi Ra1. %anking and &ns'rance ( rinciple and ractice! "irst
Edition.
). 'ahal &huvan, 'ahal *arita, A Textbook o* %anking! *econd Edition.
+. Annual Report of the #imalayan &an3 +vt. $td. "or the fiscal year ;GG;< G?.
,. The #imalayan Info and other leaflets of the #imalayan &an3.
-. ))).himalayanban3.com
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