Banking Conclave


Published: dailypioneer.com | Date :  November 1, 2017

The Institute of Management Technology-Ghaziabad  (IMT-G) recently organised a Banking Conclave on Emerging Trends and The Road Map Ahead at its campus and announced the launch of Specialisation in Baking for the PGDM 2017-19 batch. The conclave witnessed amalgamation of senior industry leaders representing banks like Axis Bank, Canara Bank, Bank of Baroda, etc. After inaugurating the conclave, director, IMTG, Dr Atish Chattopadhyay said: “Banking industry is witnessing a shift in the way it operates. Gone are the times when banking sector was considered only for looking after asset liability management. Banks now are bracing up to become like a one-stop retail store of financial products and this shift coupled with technology needs professionals who can take ownership of such transformations head-on. With the introduction of the domain specialisation in Banking backed by our faculty with relevant industry connect, IMTG seeks to prepare professionals who would be ready for the next generation of banking workforce.”

Dr NL Ahuja, professor, IMT Ghaziabad, and convenor of the conclave, in his address, said, “The conclave is a great occasion to learn from the path-breaking experiences of some senior bankers on how to deal with the problems and utilise opportunities to succeed in banking. Looking at the acute shortage of skilled workforce in banking, IMT Ghaziabad has recently introduced a banking specialisation in its PGDM curriculum and, through the conclave, it would endeavour to strengthen linkages with the banking industry.”

In the first technical session of the conclave Dr Manoranjan Sharma, general manager and chief learning officer, Canara Bank spoke on the point that what used to change in 15 years, now changes in 15 days. Hence, banking industry needs to act as a disruptor. Vibha Jain, vice president, Axis Bank deliberated on SMEs’ major issues and lessons for the future. She pointed out that MSMEs account for eight per cent of the GDP on the country, 90 per cent of the overall industrial units, 45 per cent of the total manufacturing output, and 40 per cent of the entire exports of the country. She said: “SMEs are the engines of development — they generate employment, create an environment for entrepreneurship, promote innovation & enhance inclusive growth, and leverage local resources. She added that from bankers’ perspective, SME financing faces challenges on informational asymmetries, higher risks, sizeable transaction costs, lack of collaterals and lack of ‘credit bureaux’.”

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