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Showing posts with the label banking & finance

GJEPC Honours Banker Bijayananda Pattanayak

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Unstinted service accredited by the gem & jewellery industry   At a glittering event, GJEPC the apex body of the gem & jewellery trade in India, felicitated Bijayananda Pattanayak, Executive Vice President and Head - Global Diamond & Jewellery Group, IndusInd Bank, for his unstinted service to the diamond and jewellery industry. The felicitation ceremony was held in the presence of Colin Shah, Chairman, GJEPC; Arun Khurana, Deputy Managing Director, IndusInd Bank; Vipul Shah, Vice Chairman, GJEPC; Russell Mehta, Convener Diamond Panel, GJEPC; Ajesh Mehta, Convener, Banking, Insurance & Taxation Sub-Committee, GJEPC along with other prominent trade members from the diamond and jewellery industry and banking fraternity.  Expressing his gratitude to Pattanayak, Colin Shah, Chairman, GJEPC, said, “Biju Bhai's deep understanding of the entire chain of operations - right from sourcing of rough diamonds to selling of jewellery - makes him the true master of financing in

Time to keep best credit practices

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Appropriate skilling of Banking resources is necessary! NITI Aayog co-hosted a conference on The Future of Indian Banking, with the Foundation for Economic Growth and Welfare (EGROW Foundation).   Dr. Rajiv Kumar, Vice Chairman, NITI Aayog, inaugurated the event. The conference aimed to increase and elevate the discourse on the banking sector in India, and help develop insights to inform the continued evolution of the Indian banking sector for optimally supporting the growing credit needs of the Indian economy.   Dr. Rajiv Kumar highlighted the tremendous progress made by the banking system in the past four years that provided a strong foundation for a long runway for expanding credit and supporting accelerating growth of India’s economy.   He indicated that there was still a lot of work to be done in improving the financial system and furthering reforms in the financial sector. The other key messages from the deliberations included, 1: Technology has become criti