The Department of Commerce and Economics, MGM College, Dimapur, 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 that took place on 30th August 2024 drew significant attention from both faculty and students, eager to delve into the evolving landscape of digital banking in India, the college said in a press release.
The keynote address was delivered by Jaivin Joseph, Bank Manager of South Indian Bank, who 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. She shed light on the potential of digital banking to enhance financial inclusion and efficiency.
Dr. R.K. Behera, Acting Principal, MGM College, emphasised the critical need for innovation in the banking sector as India moves towards a digitally-driven economy. Following this, Fr Giju Abhram, 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.
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 program was chaired by Temjenkala Yaden from the Department of English and began with invocation by David Phom from the Department of History.
The event concluded with a 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.
