MGM College, Dimapur hosted a seminar on “Revolutionary Approaches in Indian Digital Banking” on 30 August. The lecture, organised by the Department of Commerce and Economics in collaboration with the Internal Quality Assurance Cell (IQAC), drew considerable attention from students and faculty alike.
Industry Experts Share Insights
The seminar featured prominent speakers from the banking and academic sectors. Mr Jaivin Joseph, Bank Manager of South Indian Bank, delivered the keynote address, offering valuable insights into the latest trends, challenges, and opportunities within digital banking. Joseph emphasised the critical need for adopting revolutionary technologies to keep pace with global financial developments.
Dr Tapashi Dasgupta, Head of the Department of Commerce at ICFAI University, presented an in-depth analysis of the transformational impact of digital banking on India’s economy. Her presentation highlighted the potential of digital banking to enhance financial inclusion and efficiency.
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Institutional Support for Digital Innovation
Dr R.K. Behera, the acting Principal of MGM College, set the tone for the event by introducing the resource persons and emphasising the importance of innovation in the banking sector as India moves towards a digitally-driven economy. Fr Giju Abhram, the college’s administrator, reinforced the institution’s commitment to fostering an understanding of technological advancements and their societal impacts.
Engaging Discussions and Future Outlook
The seminar included a dynamic question-and-answer session, where participants actively engaged with the speakers. This interaction underscored the keen interest among attendees about the ongoing digital transformation in the banking sector.
Dr Vili G. Kibami, the IQAC Coordinator, concluded the event by expressing gratitude to South Indian Bank for their sponsorship and to all contributors to the seminar’s success.
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Bridging Academia and Industry
This lecture marks a significant milestone in MGM College’s efforts to bring contemporary issues to the forefront of academic discussion. By hosting such events, the institution aims to ensure that students and faculty remain informed about cutting-edge developments in crucial sectors like digital banking.
As India continues its journey towards a more digitalised economy, seminars like this play a vital role in preparing the next generation of professionals for the challenges and opportunities that lie ahead in the rapidly evolving world of finance and technology.
