The panel members included Mr. Amit Kumar, Exec. Vice President, Corporate & Institutional Banking, Yes Bank; Mr. Devashish Ghosh, Head (Organisation and Methods), BNP Paribas; Mr. P.R. Ravimohan, General Manager, Reserve Bank of India (RBI); Mr. Vikram Subrahmanyam, Director (Operations & Tech), Citigroup; Mr. Rajeev Varma, Senior Director Research, DSP Merrill Lynch (India).
Yes Bank’s Mr. Amit Kumar started the discussion by covering the background of the issue and the major policy developments in recent times, their implications for the banking industry and the effects of the entry of foreign players in a hitherto fenced playing field.
BNP Paribas’s Mr. Ghosh elaborated on Operational Risk Management, with emphasis on the Basel Committee norms. Starting with the idea behind the Basel norms, he covered various aspects of the convention.
RBI’s Mr. Ravimohan presented the perspective of the banking sector’s primary governing body and gave a lucid account of the roles of the regulator in an economy that is witnessing a paradigm change. Tracing the evolution of regulation over the years, he elaborated on the focus areas and listed the future challenges for the banking industry from the point of view of the regulating body.
Citigroup’s Mr. Subrahmanyam spoke of what needs to be done to accomplish the growth rate envisaged in the 11th plan and how banks stand to benefit from the scenario if they make the right moves. Listing the key areas to be worked upon, he discussed issues like financial deepening and capacity expanding, rural to urban migration and financial inclusion among others.
DSP Merrill Lynch’s Mr Varma focused on the techniques involved in and factors considered for the valuation of banks in India and abroad.
“Participants from the industry as well as those from various B-schools such as Narsee Monjee and IIM-K found the event beneficial and enriching,” said NITIE. MBAUniverse.com was the media partner of the event.
NITIE, established in 1963, is one of India’s leading institutes for management education. It is an autonomous body under the Ministry of HRD, Government of India, and is governed by a Board of Governors, comprising eminent personalities from government, academia and isndustry.
