A Seminar on "Banking and Insurance Sector of India- Opportunities and Challenges ahead" was organized at RNB Global University, in which various eminent speakers from the Banking and Insurance sector shared their experience with the participants.
The students were benefitted immensely from discussions with officials from Indian public and private sector banks and insurance companies. In the First Session, Mr. Piyush Nag, DGM, BOB , Bikaner, discussed about the challenges in Banking Sector like NPA , intense Competition by new market players, rising Consumer Expectations , new Regulations by RBI, New Technology, Implementation of New Government Schemes and many more. Mr. Kanhaiya Moond, Senior Manager Credit , BOB ,Bikaner and Ms. Kanika Jain, Manager Credit , BOB , Bikaner, focused on MUDRA Loans and Stand Up India as a great initiative taken by the Governments for upliftment of the society.
In the second session, Dr. Akshay Kumar Pandey, Admin Officer, LIC , Bikaner and Mr. Mohit Pareek, Area Manager , India-First Insurance, focused on the Challenges and opportunities in Insurance sector like Cut Throat Competition , Customer Relationship Management , Untapped Market Segment, multiple channel of distribution , Urbanization and Professionalism in Insurance Marketing. Both the sessions were interactive as well as interesting and also highlighting the need of Finance with the link of Banking and Insurance sector.
Logistic and research support extended by the University was gratefully acknowledged by the Guest Speakers.
Students were very enthusiastic during the entire Seminar. They understood the conceptual model and a broad range of opportunity lying in these fields for their career.