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A Pre-Conference Workshop on “Development Banking and Inclusive Growth: Emerging Trends” was organised on November 14, 2019 as a part of 5th International Economics Conference – 2019 (IEC 2019). The workshop was inaugurated by Mr. Srinivas Acharya, Managing Director, Sundaram BNP Paribas Home Finance Ltd. In his inaugural address, Mr. Acharya spoke about Infrastructure Finance and emphasized upon the changing economy and banking culture and proposed a solution in a witty remark; saying that risk management should be married to technology. He concluded his speech stating that banks take more time to evolve and change to match the trend, hence the government should aid development banking to balance the economy.
Dr. H. Gayathri, Deputy Director, welcomed the participants. Dr. B. Venkatraja, workshop coordinator, introduced the theme and background.
The one-day workshop has deliberated on the various dimensions of the theme. Mr. Pankil Sanghvi, Partner at BDO India LLP addressed the gathering on Indian policy and regulatory aspects relating to development banking and their macro-economic impact. Mr. Surya Panda, Head-Credit, Samasta Microfinance Ltd. was the other invited resource person and he shared his perspectives of development banking from the angle of microfinance. Dr. Yashavantha Dongre, Professor (Rtd.), Commerce, University of Mysore, overviewed the issues of dual regulation, size and governance in Indian co-operative banking.
The growth implications of the current banking crisis were deliberated through a panel discussion. Mr. K P Pradyumna, Ex- Chief Lead District Manager, Lead Bank, Dr. Narayan Kayarkatte, Ex-Banker & Academician and Dr. Yashavantha Dongre, UOM were the expert panellists. The discussion was moderated by Dr. B. Venkatraja, Asst. Prof. Economics, SDMIMD.