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The economy of Nepal is a developing category and is largely dependent on agriculture and remittances. [6] Until the mid-20th century Nepal was an isolated pre-industrial society, which entered the modern era in 1951 without schools, hospitals, roads, telecommunications , electric power, industry, or civil service.
The bank reported the business of ₹ 11.65 crore (US$1.3 million) per employee and net profit of ₹ 8.06 lakh (US$9,300) per employee during the FY 2012–13. [12] The company incurred ₹ 5,751 crore (US$660 million) towards employee benefit expenses during the same financial year.
During 2007, lenders began foreclosure proceedings on nearly 1.3 million properties, a 79% increase over 2006. [298] This increased to 2.3 million in 2008, an 81% increase vs. 2007. [299] By August 2008, approximately 9% of all U.S. mortgages outstanding were either delinquent or in foreclosure. [300] By September 2009, this had risen to 14.4% ...