“Traditional banks should advocate Financial Technology (FinTech) to keep pace with latest advancements,” opined Mr. N.S. Vishwanathan, Deputy Governor, Reserve Bank of India (RBI), during the 23rd Annual Convocation address of SDMIMD delivered on March 24, 2018.

 

Mr. Vishwanathan observed that mobile banking and app-based payments have become very popular which indicate that 41% users make payments through FinTech. He added that digitisation decreases transaction cost in the banking sector. He indicated that India was second only to China regarding active FinTech users.

 

Dr. D. Veerendra Heggade, Dharmadhikari of Shri Kshethra Dharmasthala, and Chairman, SDMIMD, presided over the event and conferred the Post Graduate Diploma in Management (PGDM) degree to 157 students belonging to the 2016-18 batch. 

 

Ms. S.S. Nidhi topped the list of gold medallists bagging three - Suman Narayan Memorial Alumni Gold Medal for Excellent Performance in Human Resources Management; Gold Medal for Excellent Performance in Marketing; and, shared the Chairman’s Distinguished Student Gold Medal. Followed by Mr. B.C. Sachidev won the Ankur Gupta Memorial Alumni Gold Medal For Excellent Performance in Finance; Gold Medal for Excellent Performance in Operations was awarded to Mr. Vimal Ullas Mangeshkar; Ms. Sheri Miriam John won the Gold Medal for Excellent Performance in Systems; Mr. Ziaulla Sheriff won the Ankur Gupta Memorial Gold Medal for Best Overall Performance; and Chairman’s Distinguished Student Gold Medal for Best Academic Performance Jointly Shared by two students – Ms. Neha and Ms. Nidhi. 

 

Earlier, the Director of the Institute Dr. N.R. Parasuraman welcomed the gathering and presented the Annual Report 2017-18. The presentation gave glimpses about the happenings in the Institute during the academic year. The report also shared the information about 2 international accreditations, academic achievements and students achievements, international tie-up and activities in the institute.

 

The Deputy Director of SDMIMD Dr. H. Gayathri presented the vote of thanks. Dr. R. Jagadeesh, Dean – Academics, led the Convocation procession and the process.