GHAZIABAD and NEW DELHI, India, October 28, 2017 /PRNewswire/ --
IMT Ghaziabad (IMTG), India's premier management school with a distinct focus on grooming Leadership through Innovation, Execution and Social Responsibility, organised a Banking Conclave on Emerging Trends and The Road Map Ahead, on October 28, 2017 at its campus and announced the launch of Domain Specialisation in Banking for the PGDM 2017-19 batch. With an objective of providing a platform to facilitate the exchange of ideas and discuss the emerging trends, opportunities and issues facing the banking industry in India, the Conclave witnessed amalgamation of senior industry leaders representing banks like Axis Bank, Canara Bank, Bank of Baroda, IndusInd Bank, etc.
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The inaugural session of the Conclave was unveiled with the traditional way of the lighting of the lamp, followed by the Director, IMTG, Dr Atish Chattopadhyay setting the tone of the conference. Dr Chattopadhyay, in his inaugural address, said, "Banking industry, on the whole, 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. For IMTG, innovation is one of the cornerstones, and we have continued to introduce programmes in new and emerging areas of business. 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, "IMTG is proud to bring together a selected group of such outstanding bankers to share their experiences at the Banking Conclave. The Conclave is a great occasion to learn from the path-breaking experiences of some senior bankers, representing public and private sector banks, on how to deal with the problems and utilise opportunities to succeed in banking. Also, 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 at length on the vision for the banking sector-issues, regulatory challenges and the roadmap ahead. He emphasised 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.
Ms. Vibha Jain, Vice President, Axis Bank deliberated on SMEs' major issues and lessons for the future. She pointed out that MSMEs account for 8% of the GDP on the country, 90% of the overall industrial units, 45% of the total manufacturing output, and 40% 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 and 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 bureaus'. Concluding her address, she said, "SMEs must focus on transparency and regulatory compliance to gain the confidence of formal financial channels".
Shri Rajesh Mahajan, Ex General Manager, Bank of Baroda Capital Management, presented his stake on Basel III and the way forward, while Shri Prateek Indwar, Co-Head, Client Coverage and Head, Investment Banking, IDFC Bank, narrated the story of IDFC Bank to express his views on setting up a digital corporate bank. Techincal session 2 had panellists including Shri Manoj Kaushik Head, Corporate Banking and Structured Finance, Sumitomo Mitsui Banking Corporation; Shri Naveen Goel, Head, Supply Chain Finance, IndusInd Bank; Dr. Arup Choudhuri, Founder President, Acacia Global Consulting; Shri Vikram Kaushal, Managing Partner, Vardan Ceqube India Investment Fund. The panellists addressed on Future Prospects and Challenges for Emerging Markets, Supply Chain Finance - Overview and the Way Forward, Proactive Approaches to Fraud Risk Management in Banking Domain, Opportunities and Emerging Trends in Wealth Management, respectively.
About IMT Ghaziabad
Established in 1980, Institute of Management Technology, Ghaziabad (IMTG) is India's premier AACSB accredited management school with a distinct focus on grooming Leadership through Innovation, Execution and Social Responsibility. An autonomous, not-for-profit institute, offering highly sought-after postgraduate programmes over the past more than three-and-a-half decades, IMTG currently offers four AICTE approved programmes - Post Graduate Diploma in Management (PGDM) Full Time, PGDM Executive, PGDM Part Time, and PGDM Dual Country Programme (DCP). While the first three programmes are offered at the IMTG campus in Ghaziabad, Delhi NCR, India, the PGDM DCP is offered in collaboration with IMT Dubai campus. The Post Graduate Programme in Management (PGPM) is the latest addition to the list which leads to PGDM Part Time. IMTG has been consistently ranked among the top management institutes of the country for its Leadership, Faculty, Research, Student Selection Process, Curriculum, Pedagogy, Industry Interface, Internationalism, Placements, and Infrastructure.
Today, IMTG is the proud alma mater of more than 300 C-suite executives and thousands of professionals serving in leadership positions in the best-known organisations in India and the world, in key business functions of Sales, Operations, Human Resources, Consulting, Information Technology, Marketing, and Finance among others.
More at www.imt.edu.
Media Contact
Himanshu Dandotiya, Manager - Digital Marketing | IMT Ghaziabad | [email protected] | 9558808618
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