Reflection Rishabh Tibrewala

In document Himalayan Bank Limited Internship Report (Page 128-140)

SECTION VIII: Conclusion and Recommendation

IX. Reflection Rishabh Tibrewala

Working at HBL was one of the best experiences that I had. It gave me an insight into the banking sector. As we just had 10 weeks, I could not explore all the departments of the bank but did get an in-depth of all credit related departments. These 10 weeks at the bank helped me understand how Credit is processed and given to a customer. It helped me understand how credit appraisal is done and how relationship is maintained with the customers.

I got an insight into the most professionally run industry in Nepal. But on the other hand also realized that the most professionalof all organizations in not professional enough. I saw that among majority of the workers meeting deadlines was not important, proper standards were not followed and people had a much laid back attitude.

I interacted with various level managers at the bank and I got to meet people from various sectors such as trading, carpet manufacturing, internet services, and plastic fabricators etc. This helped me build contacts with high level management of such organizations and also gave me an opportunity to understand their businesses.

Personally, I got to develop a sense of professionalism within me. Meeting deadlines, working in extreme pressure, handling tough customers, talking with high level managers and executives, being on time, being tidy all day, being ethical at all times were few challenges that I learnt to overcome.

Hence, working with HBL as interns was an experience which helped me develop myself in real time working conditions so that I can sell myself better in the professional arena.

Nikhil Agrawal

The goals and objectives that I had for the internship program and the extent to which they were achieved are as follows:

To know about the various processes and working environment of a commercial bank:

In the internship period, I experienced how the customer service department and the credit department work and what are the various functions and activities they have to perform. Our main focus what to understand the processes of the credit department and to know how a CAP is prepared, how the viability of the project or the loan is accessed and analyzed, what processes and requirements the bank has to look forward for the proper execution of the lending process.

To access a career option in this sector:

The internship experience helped me to analyze what are the pros and cons of the banking profession which is the aim of my professional life. After working for the 10 weeks, I could understand that though the job is very demanding and challenging, still this job is my passion and my interest and I look forward to pursue my career aim as the same.

To assess the various processes banks go through to overcome the risks associated with loans:

During the tenure at the CRD and the CCD, I could enhance my knowledge for this objective which was further helpful for my courses in the academic course as well for the subject commercial bank management.

To experience the professionalism in work culture and to learn for future prospects:

I experienced the professionalism in the work culture in HBL which even though was informal and friendly was very professional and dedicated towards the job assigned. This helped me understand what the importance of having a professional attitude towards work is.

To learn practically the knowledge learnt from academic courses:

Internship program helped me transform my academic knowledge learnt from various courses before into practical knowledge which has enabled me to gain proper understanding of the concepts and theories which were previously understood on the basis of assumptions which do not lie in the practical reality.

References

• Electricity Act 1992. Retrieved on April 15, 2009 from www.nea.org (Website of NEA)

• Manual for Preparing Scoping Document for Environmental Impact Assessment (EIA) of Hydropower Projects. Retrieved on April 20, 2009 from www.doed.gov.np (Website of Department of Electricity Development)

• Nepal Hydropower Database. Retrieved on April 20, 2009 from www.nepalhydro.org.np (Website of Nepal Hydro Power Association)

• Workshop on "Hydropower Investment; Bankers' Perspective". Retrieved on April 20, 2009 from www.ippan.org.np ( Website of IPPAN)

4) Others:

• Nepal Rastra Bank. Banking and Financial Statistics (July 2008)

• Nepal Rastra Bank. Bank and Financial Institution Ordinance (2004)

• Chaulagain, N.P. (2008) Hydropower Development of Nepal in the face of climatic and hydrological uncertainties.

• Upadhayay, A.K. Hydropower of Nepal : Policies and Investment Opportunities

Appendix

Appendix 1: New Credit Client Flow Chart • Collection of necessary document (Upon receipt of documents as per check list)

• Site Visits

• Discussion with Clients clarifying their requirements for facility

packages (Maximum period not more

Report by the Next working day If rejected inform

client

Appendix 2: Sales in GWh

Particulars 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008

Domestic 410.5

Total Internal 1,019.43 1,174.28 1,281.13 1,406.19 1,509.31 1,659.58 1,853.68 1,936.07 2,127.33 2,287.41 Bulk Supply to India 64.1 95.0 126.0 133.8 192.2 141.2 110.70 96.5 76.8 61.5

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6 0 0 6 5 3 5 7 0

Grand Total 1,083.59 1,269.28 1,407.13 1,540.05 1,701.56 1,800.81 1,964.38 2,032.62 2,204.20 2,348.91

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Appendix 3: Revenues in Million Rupees

Particulars 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008

Domestic 2,056.0

4,249.81 4,578.99 5,079.87 5,405.12 6,021.40 6,396.37 Non-Commercial 419.58 527.40 835.78 722.12 783.99 816.01 947.12 881.73 940.20 1,012.74 Commercial 515.72 661.58 555.62 818.75 894.91 986.07 1,015.47 1,118.21 1,288.05 1,448.16

Industrial 2,093.8

4,039.65 4,380.22 4,851.40 4,978.69 5,300.91 5,652.36 Water Supply & Irrigation 78.14 95.65 120.90 138.68 148.53 154.80 239.97 197.96 214.18 212.98 Street Lights 11.37 149.95 176.05 200.74 246.79 329.52 315.45 422.35 454.85 487.00

Other Income 285.86 336.09 689.08 328.96

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Total Revenue 5,396.8 3

7,025.1 5

8,377.8 4

9,687.6 6

11,237.50 11,992.59 13,389.0 5

14,008.8 0

15,466.3 4

16,060.2 7

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Appendix 4: Profit and Loss Account

Particulars 2004/05 VAR 2005/06 VAR 2006/07 VAR 2007/08

SALES REVENUE 12,605 6% 13,332 8% 14,450 7% 15,405

Local Sales 12,605 6% 13,332 8% 14,450 7% 15,405

COST OF SALES 7,462 12% 8,333 8% 9,035 10% 9,930

Purchases of Merchandises/materials consumed 7,247 12% 8,101 9% 8,794 9% 9,626

Raw materials/goods consumed 7,247 12% 8,101 9% 8,794 9% 9,626

Direct overhead costs 216 8% 232 4% 241 26% 304

GROSS PROFIT/CONT. MARGIN 5,143 -3% 4,999 8% 5,415 1% 5,475

Administration Overheads 622

-33% 420 14% 480 20% 576

Marketing and Dist. Overheads 1,484 15% 1,704 8% 1,834 6% 1,947

Depreciation Expense 1,734 5% 1,817 2% 1,856 3% 1,920

Deferred revenue Exp. Written off 123

-15% 105 -60% 43 64% 70

OPERATING PROFIT 1,179

-19% 954 26% 1,202 -20% 962

Non-operating incomes/(expenses) 618 640 59% 1,017 -36% 655

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Provision for losses on property, plant and

equipment -40 -65 -60 -30

EARNINGS BEFORE INT.& TAX 1,757

-13% 1,529 41% 2,159 -26% 1,587

Financial Expenses 2,850 9% 3,094 -39% 1,892 51% 2,849

NET PROFIT AFTER TAX -1,093

-43% -1,565 1

17% 267 -573

% -1,262

Depreciation & Amortisation 1,857 4% 1,922 -1% 1,899 5% 1,990

NET CASH PROFIT 764

-53% 357 5

06% 2,166 -66% 728

In document Himalayan Bank Limited Internship Report (Page 128-140)