Sunday, August 16, 2015

Finance Minister to Inaugurate State Bank of India 2nd annual ‘Banking & Economics Conclave’ 2015

Mumbai, August 15, 2015: The State Bank of India is organizing its 2ndBanking and Economics Conclave on August 20th with the theme for this year being ‘India’s Growth Story: What needs to be done?’ The event seeks to stimulate informed discussion amongst distinguished industrialists, regulators, policy makers, academicians and professionals to get their insights on thought provoking topics pertaining to the current banking and economic scenario and come up with an agenda for driving India’s growth momentum.

The event will be inaugurated by Honourable Finance Minister on Aug 18th. On Aug 20th, RBI Governor and SBI Chairman will have a conversation. This is a departure from the customary practice and is likely to generate considerable interest from the audience.

This year the program is structured across 4 panel discussions. The CEO panel will deliberate on the topic ‘Agenda to Rev up Growth’. The objective of the discussion will be to find out the key issues inhibiting India’s overall economic activity and the ways to overcome the same. The Judiciary Panel will try to understand the constraints that result in delayed court procedures and how a middle path between pure economic and commercial imperatives may be achieved.Third is the CFO Panel where discussion will evolvein respect of ‘Capital for Indian Banks: Hindering Growth or Hindered by Market?’ This panel will discusson ways tostimulate healthy dialogue on the issue of capital constraints faced by the banks in India and the alternative means to overcome this.  Last will be the Economist’s Panel where the discussion will revolve around ‘Economics beyond CPI & Repo Rate’. The thrust of the discussion will be to deliberate on whether we can move a little beyond repo rate and CPI projections and engage in a more fruitful discussion on policies which will also look to inducing growth while remaining rooted in the need to contain inflation.


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