Revolutionary Approaches in Indian Digital Banking Explored at MGM College
On August 30, the Department of Commerce and Economics, in collaboration with the Internal Quality Assurance Cell (IQAC), successfully organized a groundbreaking lecture on “Revolutionary Approaches in Indian Digital Banking,” sponsored by South Indian Bank. The event took place at MGM College, drawing significant attention from both faculty and students, eager to delve into the evolving landscape of digital banking in India. The program began promptly at 11 AM with an invocation by Mr. David Phom from the Department of History, creating an atmosphere of reverence and anticipation. Ms. Temjenkala Yaden from the Department of English presided as chairperson, skillfully guiding the proceedings.
Dr. R.K. Behera, the acting Principal, set the stage with a compelling introduction of the event’s esteemed resource person, emphasizing the critical need for innovation in the banking sector as India moves towards a digitally-driven economy. Following this, Fr. Giju George, the college’s administrator, delivered a thought-provoking speech that highlighted the institution’s commitment to fostering an understanding of technological advancements and their societal impacts. The keynote address was delivered by Mr. Jaivin Joseph, Bank Manager of South Indian Bank. His address provided invaluable insights into the latest trends, challenges, and opportunities within the digital banking sector. He underscored the importance of adopting revolutionary technologies to keep pace with global financial developments. Dr. Tapashi Dasgupta, Head of the Department of Commerce, ICFAI University and the event’s resource person, presented an in-depth analysis of the transformational impact of digital banking on India’s economy. Her presentation was both insightful and forward-looking, shedding light on the potential of digital banking to enhance financial inclusion and efficiency.
A dynamic question-and-answer session followed, where participants actively engaged with the speakers, exploring various facets of digital banking and its future in India. The interaction underscored the keen interest and curiosity among attendees about the ongoing digital transformation in the banking sector. The event concluded with a heartfelt vote of thanks delivered by Dr. Vili G. Kibami, the IQAC Coordinator, who expressed gratitude to South Indian Bank for their sponsorship and to all those who contributed to the success of the event. This lecture marked a significant milestone in the college’s efforts to bring contemporary issues to the forefront of academic discussion, ensuring that students and faculty remain at the cutting edge of Revolutionary Approaches in Indian Digital Banking.
