Financial Innovation in Indian Banking Sector
Fortune Institute of International Business (FIIB) had an enriching and insightful Finance Conclave on 12th December, 2015 at its campus with the theme, “Financial Innovation in Indian Banking Sector".
The conclave addressed the key innovations happening in the Indian banking sector in recent past like granting of licenses to Payment Banks and Small Banks by RBI, Technology Innovations in Indian banks, Cross selling of Financial Products by banks to name a few.
Speakers deliberated upon issues like steps to be taken to redefine banking in India by targeting India’s migrant labourers, low-income households and small businesses and banks facing the issue of additional capital requirements for their growth. The Keynote address was given by Mr. Biswa K. Das, General Manager, SBI followed by a panel discussion.
Mr. Das, rightly set the tone of the conclave by touching upon the themes to be discussed in the panel discussion. He talked about technological innovations happening in Indian banking sector, issues faced by banks in terms of NPAs and how to handle them, granting of licenses to payment banks and small banks by RBI and cross selling of banking products.
The panel discussions carried out by eminent industry speakers from corporate sector like Mr. Mithlesh Kumar, Allahabad Bank, Dr. P. Satish, Executive Director, Sa-Dhan, Mr. Vimal Ojha, Sr. Vice President and Head- North India, Karvy Private Wealth and Mr. Hemant Seigell, Director,Riskpro India Ventures (P) Ltd.
The conclave helped students in enhancing their knowledge about the banking sector. It gave them an opportunity to know about recent changes in the banking industry and some of the issues and challenges faced by it. The conclave ended with the Q&A sessions by students.
12th December 2015
IN THE SPOTLIGHT
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AuditoriumFIIB’s state-of-the-art auditorium can seat over 150 individuals and has provisions for video conferencing along with other ultra-modern technologies. Students also enjoy the provision of multiple conference and seminar halls if required.
CafeteriaA fully functional cafeteria serves sumptuous meals and beverages all through the day for the students to refresh and revive. Students not only enjoy the meals here but sometimes unwind sitting in the area over a cup of coffee.
ClassroomsThe state of the art classrooms at the Institute enhance the learning experience of students as they are equipped with the latest equipment including projectors, screens, options for video conferencing etc.
Electronic Resource CentreThe campus hosts a state-of-the-art computer lab housing over 180 terminals and 200 laptops. The campus is Wi-Fi enabled. Online Learning and Teaching Software is also provided for flexibility and access to learning material at all times.
Indoor GamesThe recreational centre has arrangements for several indoor sports like pool, table tennis, carom and chess. These may be accessed by students during their breaks and can be used as effective recreational tools to relax.
Knowledge Resource CentreStudents can access a fully computerized and air-conditioned library housing over 15,000 books, 195 periodicals/journals, 750 audio-visual and multimedia. The Library subscribes to major online research and informational databases.
Outdoor GamesThe Campus also has provisions badminton, volleyball and a number of outdoor games and activities
Recreational CentreThe recreational centre of FIIB provides its students space and opportunity to indulge in activities like indoor games and relax. The Centre is outfitted with television, student lockers and various indoor sports like pool table, table tennis, carom and chess.