SEMINAR

ON

BANKING OPERATIONS IN INDUSTRY

DATE: August 8th -9th , 2018

VENUE: Seminar Hall, MBA, 9th Floor

ORGANISED BY:Department of Management,MBA,MAIT

NAME OF SPEAKER: Ms. Neha Garg, Bank Manager (Bank Of Maharashtra,Pitampura, Delhi)

A seminar on Banking Operations in Industry was organised for MBA students (First Year)by the Department of Management,MBA, Maharaja Agrasen Institute of Technology on 8th – 9th August, 2018.

 

The seminar was conducted by Ms. Neha Garg, a senior Bank Manager, Bank Of Maharashtra, who has worked in Banking industry for over 10 years.

She started with basics of banking industry and went on to explain –

Types of Banks

  • Foreign Banks vs Indian Banks
  • Lending processes and rate of interest determination, including MCLR( Marginal Cost Of Funds Based Lending Rate) and BR( Base Rate)
  • RBI requirements of CRR ( Cash Reserve Ratio) and SLR (Statutory Liquidity Ratio) for Banks in India
  • Various Products and Services offered by Banks in India
  • Different Methods of Interest calculation   on different types of Deposits by Banks

The seminar was very interactive and the students participated very enthusiastically by asking some interesting queries regarding day to day banking and myths about banking. At the end, a vote of thanks was proposed to Ms Neha Garg.