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Digital banking enables more transparency
We have accounts of professional banking in India since the time of Kautilya’s Arthasastra, though the modern banking of the joint stock variety started in India only in the nineteenth century,” remarked PV Krishna Rao, General Secretary, Indian Bank Employees’ Union.
GITAM National Conference
Hyderabad: “We have accounts of professional banking in India since the time of Kautilya’s Arthasastra, though the modern banking of the joint stock variety started in India only in the nineteenth century,” remarked PV Krishna Rao, General Secretary, Indian Bank Employees’ Union.
He participated as the Chief Guest and delivered a keynote address at the inaugural of the National Conference on “Trends in Modern Banking” organised by the Department of Finance, Hyderabad Business School, a constituent of GITAM University, Hyderabad, on Friday.
Participating as the Guest of Honour in the conference, Meher Pradeep, Vice President, BNP Paribas, said of late banks have been in the news for all the wrong reasons. “With worldwide financial reforms, though banks were able to expand exponentially, managing risks also became difficult for them. Financial inclusion is the key component of RBI philosophy. Through Mudra Bank, our government has shown commitment to promoting small scale industry,” he added.
Prof SS Prasada Rao, Dean & Director, HBS, in his presidential remarks, indicated towards a ‘disruptive technology’ of banking, which is revolutionising the way we have conceived banking.
He spoke on how HBS has been rapidly building its intellectual capital by focusing on quality research publications by its faculty.
