Foundation for Economic growth and Welfare Current Affairs - 2019

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NITI Aayog hosts Conference on Future of Indian Banking and role of technology Tomorrow

The think tank Niti Ayog had hosted the conference on Future of Indian Banking and role of technology Tomorrow in association with the Foundation for Economic Growth and Welfare (EGROW Foundation).

The conference was inaugurated by Dr Rajiv Kumar, Vice Chairman, NITI Aayog. The speakers in the event included Rajiv Kumar, Secretary, Department of Financial Services, Dr K.V. Subramanian, Chief Economic Advisor, Dr Andreas Bauer, Senior Resident Representative, IMF, Dr Marius Vismantas, Lead Financial Sector Specialist, World Bank, Shri Sunil Mehta, Managing Director, Punjab National Bank.

About the Conference

The conference was aimed at increasing and elevating the discourse on the banking sector in India and help in developing insights to inform the continued evolution of the Indian banking sector for optimally supporting the growing credit needs of the Indian economy.

Research papers were presented on the following themes:

  • Evaluating critical banking situation in the country, considering domestic and international developments.
  • Recapitalization of Public Sector Banks, Insolvency and Bankruptcy Code.
  • The future course of Prompt Corrective Action and recovery.
  • Alternatives to Basel Norms, if any.
  • Privatization, Mergers and Acquisitions, etc.

The event witnessed the participation of more than 200 domestic and international participants, including policy makers, academicians, researchers, professionals, and students from various banks, universities and institutes.

EGROW Foundation

The Foundation for Economic growth and Welfare (EGROW Foundation) is a non-profit, multi-disciplinary public policy organisation engaged in independent, high-quality research in the areas of macroeconomic policy, public welfare, national security and diplomacy.

The foundation aims to contribute to the formation of sound public policies, especially in India by providing research-based support to policymaking.

Month: Categories: Business, Economy & Banking

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