Comparative Analysis of Financial Operations between Nepal Rastra Bank and Nepal Investment Mega Bank Ltd.

Citation

Singh, Anushka. (2022). Comparative analysis of financial operations between Nepal Rastra Bank and Nepal Investment Mega Bank Ltd. (Cooperative Education). Bangkok: Siam University.

Abstract

The report entitled “Comparative Analysis of Financial Operations between Nepal Rastra Bank and Nepal Investment Mega Bank Ltd.” documents the practical experience gained during an 8–week internship at Nepal Rastra Bank’s Financial Management Department and an 8–week internship at Nepal Investment Mega Bank Ltd. Lagankhel’s Customer Service Department. The internship position at NRB was in the Internal Administration, Employee Expenses and Travel Bills section. The internship position at NIMB was at the Customer Service Department where primary objectives were to gain practical knowledge and experience in the central bank’s financial management section, internal administration operations and financial system and in a “Class A” Commercial Bank’s Customer Service Department.

As an intern, the main duties were to ensure proper documentation, digitalization of records and creating reports for the employees of NRB. Likewise, the main duties as an intern in NIMB was to ensure excellent customer service, notifying account holders of their account status and selling banking products to potential customers. All things considered, both internships provided a valuable opportunity to gain hands–on experience in the banking sector of Nepal and helped to develop critical skills in communication, teamwork, and problem–solving.

Keywords: Internal administration, digitalization, process improvements.

Comparative Analysis of Financial Operations between Nepal Rastra Bank and Nepal Investment Mega Bank Ltd

Faculty of Business Administration, Siam University, Bangkok, Thailand