IIM Raipur hosts discussion on latest trends in banking

IIM Raipur hosts discussion on latest trends in banking

Raipur, March 20
IIM Raipur believes in combining classroom learning with industry exposure. On the lines of this ideology, Finatix-the finance club of IIM Raipur recently organized a panel discussion on the topic “Banking Industry: Past, present and future.”
The panel for the discussion comprised of dignitaries from the banking world, Narendra Gallani, Circle Head, Chhattisgarh, Axis Bank and V C Upadhyay, DGM & Zonal Manager, Chhattisgarh, Dena Bank. Dr. Vinay Goyal, Area chairperson, Finance department from IIM Raipur moderated the discussion. The panel discussed wide range of topics varying from NPAs, sector specific stress on banking industry, latest digital transformation in the banking industry, Capital adequacy after Basel norms among others.
Focusing on the issue of NPAs, Upadhyay from Dena Bank said, “Public sector banks are facing a lot of heat in NPAs due to sector specific concerns but the winds are changing and in times to come, with some sustainable steps taken up by government and banks, the concerns are likely to go down.”
Adding to the discussion on capital requirements Dr. Vinay Goyal from IIM Raipur said, “Private banks are better placed in terms of handling NPAs but the issues regarding operational risks still remain and banks need to look at that front too.”
Commenting on the changes and progress in the banking environment, Gallani from Axis Bank termed this phenomenal growth as “disruption”. According to him, Banking industry is one of the oldest industry in world but recent changes in technology, the disruptive changes will completely change the way we perceive banking and e-wallets will take over the traditional wallets.
Students of IIM Raipur also engaged in discussion with the industry experts raising the burning questions in the sector. Devi Pratyusha, 1st year student at IIM Raipur said, “The introduction of payment banks with fast changing technology is causing tectonic shifts in the Indian banking sector and it is the customers who would receive maximum benefits out of this positive changes.”
“It is always a pleasure to have industry experts on campus and we were privileged to have such high dignitaries from banking industry giving us the firsthand experience. It is indeed a great learning experience apart from the traditional classroom learning and gives us an edge in understanding the issue affecting the Indian economies at large” said Rahul Dewan, Senior Executive Member, Finatix, Finance club of IIM Raipur.

Previous Two hardcore ultras held in Dantewada
Next The Authors of Pain defeats The Ealy Brothers

About author

You might also like

Chhattisgarh 0 Comments

KTUJM students stage protest demanding semester result

Raipur, March 24: The different semester students of Graduation and post graduation registered their protest before the administrative building of Kushabhau Thakre University of Journalism, Katadih for delay in announcing

Complaint lodged with Governor against CV Raman University

Raipur/Bilaspur, March 23: In a complaint lodged with Chhattisgarh Governor, Deepak Dubey spokes person of Nationalist Congress Party, Chhattisgarh had raised the demand for action against C V Raman University,

Jharkhand 0 Comments

Dhangad community is listed in STs list of Chhattisgarh: Minister

New Delhi, March 15: Dhangad community is listed in Scheduled Tribes (STs) list of Chhattisgarh. Dhangar (Oraon) had been included in the STs list of Bihar and Jharkhand vide The

Chhattisgarh 0 Comments

Raman inaugurates One-Stop Centers, distributes mobiles to Anganwadi workers

Raipur, March 10 Chief Minister Raman Singh today inaugurated ‘Sanskaar Abhiyaan’ for children in the age-group of three-six years and ‘One Stop Centers’ for distressed women simultaneously in 26 districts

Breaking 0 Comments

Displaced families gherao RMC

Raipur, March 20 Families displaced near from railway track in the state capital’s Shankar Nagar area today gherao Raipur Municipal Corporation. The affected families were demanding immediate ensuring of possession

State Politics 0 Comments

Hariprasad resigns from his responsibilities

Raipur, March 14 In a backdrop of defeat in recently held panchayat election in Odisha, senior Congress leader B K Hariprasad reportedly resigned from his responsibilities. However, Chairman of Chhattisgarh


No Comments Yet!

You can be first to comment this post!

Leave a Reply

Leave a Reply