Brief details of the event highlights: CBSA organized two-days “Banking and Finance Congress 2020-2nd Edition” on 3rd- 4th March 2020. This congress was divided into two phases. The brief details of the two phases are mentioned below:
Phase-1
3rd March 2020, Presentations by students on topics related to Union Budget 2020
Experts Details:
| Name |
Designation |
Organization |
| Pankaj Thakral |
Banker |
IDFC First Bank, Chandigarh |
| Srishti Mongia |
CRP |
YES Bank, Mohali |
| Shubham Singh Birla |
Accountant |
Flatworld Solutions, Mohali |
| Monika Garg |
RM |
Hero Fincorp, Chandigarh |
| Shivam Miglani |
Manager Wholesale Bankiing |
AU Small Finance Bank, Tricity |
| Sahil Gupta |
Entrepreneur |
ALL AT ONE INDIA, Mohali |
On 3rd March 2020, the Banking and Finance congress began with lamp lighting followed by presentations on the given topics “Impact of Budget on Corporate Sector” and “Impact of Budget on Banking Sector” by 150 students from MBA, BBA, B.Com & M.Com Departments. 150 entries were received and students gave PPT presentation on the given topics “Impact of The budget on Corporate Sector” and “Impact of Budget on Banking Sector”. The presentations were judged by six of our alumni who work in esteemed positions in leading banks and finance companies across the nation as mentioned in the table above. The winning teams were awarded certificates and cash prizes. The list of winners as mentioned below:
Presentation Topic: Impact of Budget on Banking Sector”
| Name of the Student |
Program |
Semester |
Position |
Prize Amount |
| Ms. Sejal Duggal |
B.com |
2nd Semester |
First |
Rs. 3000/- |
| Mr. Jatin Malik |
BCA |
4th Semester |
Second |
Rs. 2000/- |
| Presentation Topic: “Impact of Budget on Corporate Sector” |
|
|
|
|
| Mr. Chahat Umar |
BBA |
4th Semester |
First |
Rs. 3000/- |
| Mr. Shubham Jain |
MBA |
2nd Semester |
Second |
Rs. 2000/- |
Phase-2
4th March 2020, Day-2 Panel Discussion
Experts’ details:
| Name |
Program |
Semester |
| Mr. Brijesh Modi |
CFO |
Thomas Cook (India) Pvt. Ltd.,Mumbai |
| Mr. Vikas Sofat, |
Vice President |
DCB Bank,Punjab, Haryana and Rajasthan |
| Mr. Rajnesh Sood , |
Deputy Vice President |
Axis Bank,Mohali |
| Mr. Sayed Tasveer |
Vice President |
Yes Bank,Mohali |
| Mr. Digvijay Sharma |
Regional Head |
Aditya Birla Finance Ltd.,Chandigarh |
| Mr. Kamal Kumar Matta |
Vice President, Finance |
Edifecs Technologies Private Ltd.,Mohali |
| Mr. Akashay Jain |
Corporate Head |
DNA Growth,Mohali |
The 2nd day of Banking and Finance Congress commenced with electrifying speakers from the banking & corporate sector. Mr. Brijesh Modi, CFO, Thomas Cook (India) Pvt. Ltd. was the keynote speaker. He enlightened the audience on Union Budget- 2020. There were two-panel discussions also. The first-panel discussion was based on the theme “Challenges and Implication of Budget 2020 on Banks”. The panelists were Mr. Vikas Sofat, (VP, DCB Bank), Mr. Rajnesh Sood (DVP, Axis Bank), Mr. Digvijay Sharma (Regional Head, Aditya Birla Finance Ltd.), Mr. Sayed Tasveer (VP, Yes Bank). The conversation included the divestment of IDBI, recapitalization of Public sector banks and governance issues of the bank. 2nd Panel discussion was held on the theme “Challenges and Implication of budget 2020 on the corporate sector” and the panelists were Mr. Brijesh Modi (CFO, Thomas Cook (India) Pvt. Ltd), Mr. Akashay Jain, (Corporate Head, DNA Growth), Mr. Kamal Kumar Matta (VP, Finance, Edifecs Technologies Private Limited). The panel discussion was started with key highlights of the budget. The panelists explained that the high rates of returns in the corporate sector will continue to attract investments from the taxpayers in the corporate sector. It was concluded that the budget is not too extraordinary but has a long term vision to put the economy in the right direction.
Response of the audience/ learning for the students: This presentation and panel discussions were not only aligned with their fundamental subjects of finance but also imparted knowledge about its
practical implications in real life.
Faculty Coordinators Name & Email ID:
• Ms. Jasminal Kaur, jasminal.4552@cgc.edu.in
• Dr. Mandeep Hundal, Mandeep.4533@cgc.edu.in
• Dr. Manpreet Kaur, manpreet.4404@cgc.edu.in
• Ms. Cristy. cristy.4144@cgc.edu.in
• Ms. Neha Kharbhanda neha.4092@cgc.edu.in
Number of participants (Student & Faculty): On 3rd March, 150 students and 8 faculty members and on 4th March, 450 students and 40 plus faculty members.
Learning Outcomes: Students gained in-depth knowledge of Budget 2020 & its impact on Indian Economy. This event helps in attaining PO1 and PSO1.
PO1: To inculcate knowledge in students with experiential learning and prepare them for advance study and lifelong learning.
PSO1: To have in-depth knowledge of Union Budget 2020 and its impact on various sectors.
Expert Narration: Mr. Brijesh Modi, CFO, Thomas Cook (India) Pvt. Ltd. was the keynote speaker. He enlightened the audience on Union Budget- 2020. He spoke about various perspectives i.e. manufacturing sector, development and infrastructure related to transport sector, energy sector, technology sector, banking sector etc.
The first panel discussion was based on the theme “Challenges and Implication of Budget 2020 on Banks”. The panelists were Mr. Vikas Sofat, (VP, DCB Bank), Mr. Rajnesh Sood (DVP, Axis Bank), Mr. Digvijay Sharma (Regional Head, Aditya Birla Finance Ltd.), Mr. Sayed Tasveer (VP, Yes Bank). The experts also discussed the deep technicalities of the risk management and web of deception in banks faced by banks. The decision of the government to make amendments in the Banking Regulation Act was applauded by the banking experts. Overall session was highly appreciated by the audience for providing them with an opportunity to understand the technicalities of the budget.
2nd Panel discussion was held on theme “Challenges and Implication of budget 2020 on corporate sector” and panellists were Mr. Brijesh Modi (CFO, Thomas Cook (India) Pvt. Ltd), Mr. Akashay Jain, (Corporate Head, DNA Growth), Mr. Kamal Kumar Matta (VP, Finance, Edifecs Technologies Private Limited). Panelist’s explained that the high rates of returns in the corporate sector will continue to attract investments from the taxpayers in the corporate sector. The panelist’s opinion was sought on the negative response of the stock markets to the budget announcements. According to the panelists, sentiments of investors were hurt because the expectations were too high. They talked about the liquidity position and the investment opportunities for the companies. It was concluded that the budget is not too extraordinary but has a long term vision to put the economy in the right direction.
Verified by Website Coordinator:
Ms Baljinder Kaur, Assistant Professor, CBSA, CGC Landran
