Tuesday, December 8, 2009

BANCON'09 : Celebrating the spirit of banking

The concept of banking is as old as perhaps the human civilization, although there have been multiple cosmetic surgeries and banking today has an altogether different face. BANCON'09 , the banking conclave , by Fin-niche was held in the spirit of appreciating and exploring the new paradigm shift in banking.

Spread over 2 days, BANCON'09 witnessed some of the best bankers in India sharing their experiences with the young and budding student managers of IMT Ghaziabad. The key note address by Mr Aloke Sen Gupta(IDBI), shed light on the various actors involved in establishing an infrastructure project and the risk associated with them. He explained the budding managers how they could mitigate risks during lending to corporates for the infrastructure projects.

The insightful inaugural session set the tone, and the next technical session by Mr. Sanjit Sen (VP, Tata Capitals), helped students to understand the intricacies of the capital markets. He briefly touched upon all the key components of the capital markets and the role of banks in the future market scenario.

The main event, Panel Discussion, started in the afternoon, in the serene amphitheatre of IMT Ghaziabad.
Moderated by Mr R J Masilamani ( Ex-CEO and Ex-MD, Timex), the panel consisted of  Mr. Sameer Dutt (Director, ForensicsGuru), Mr. Jayshankar P R (AGM, National Housing Bank), Mr. Bhavesh Jatania (Senior VP, Tata Capital), Prof. Vinay K. Nangia ( Head, DoMS, IIT Roorkee) and Mr. Alok Pandey (Associate Professor, IMT Ghaziabad). The topic of discussion was the financial crisis, its repercussions and the lessons learnt from it. During the discussion the panelist discussed the topic at the length and breadth and there was a consensus that financial inclusion is the need of the hour to have substantial financial development. Couple of queries from students summed up a highly insightful discussion.

If the first day was enthralling, the second day was started on an even brighter note. The guest of honour , Mr Sandeep Ghosh (Regional Director, RBI), mesmerized the IMT fraternity with a truly inspirational speech. He advised the students to develop the skills of reflective thinking and dreaming. He stressed on the development of reading, writing, speaking and listening skills among the budding student managers.

The epilogue of the wonderful 2 days event , was given by Mr Manohar Raj ( Country Head, Microfinance, HDFC Bank) . He addressed the social and financial divide in the India, and explained the role of microfinance in dealing with it. He also discussed the merits and demerits of various microfinancial models in India.

The curtains on the event came down, not before the students showed their analytical skills and understanding in the paper presentation contest. Over all it was an achievement for Fin-niche and IMT to hold a conclave of this magnitude. It gave the students an opportunity to interact with the corporate.

We thank all the faculty members , students and others who worked day in and day out to make this event a success. Looking forward to scaling new heights ... Amen !!!!

Rahul Agarwal

3 comments:

  1. Thank you Rahul and all fellow IMT'ians for helping us to achieve success in this venture. Looking forward to the next such knowledge sharing event.

    ReplyDelete
  2. I want to congratulate you for successful organizing BANCON. It was the first time since i joined this college i felt proud to be in the Finance batch. It was a learning experience both at the technical and the life vision front. Frankly i did not have much expectations from the event but thankfully it turned out to be the contrary one. The hard work put in by the organizers was clearly seen as there was not a single glitch despite having so much odds against.

    The speakers and particularly from the RBI one gave an insight to the bright future in Finance as a career. It has turned out to be a morale booster in the gloomy summer placement for the Finance batch

    I request you to conduct more events like this and extend my support in all form for the same.
    Regards,
    Gaurav

    ReplyDelete
  3. Congratulations to Finniche for organizing such a great event. We look forward to such events in the future.

    Regards,
    Rakesh Satpute

    ReplyDelete