IIM Shillong Organises Finance and Consulting Conclave
- The panel discussion at IIM Shillong revolved around analytics, the blockchain, Artificial Intelligence (AI), Peer2Peer lending augmented reality and alternate data.
- The issues were discussed keeping in mind the vast untapped potential of the Northeast.
Indian Institute of Management, Shillong (IIM Shillong) successfully organised its first finance and consulting conclave on September 16 & 17, 2017. The two-day conclave was attended by renowned financial minds in the country with an objective to discuss contemporary issues in the finance sector. The issues were discussed considering the broad untapped potential of the North East (NE) region. Director of IIM Shillong, Dr. Amitabh De, inaugurated the conclave.
Mr. Lakshmi Iyer, associated with Kotak Mahindra Asset Management Company initiated the discussion by talking about the NPA malaise India. He pointed that data could confess to anything if it is subjected to torture.
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Mr. Lakshmi Iyer initiated a panel discussion that witnessed the participation of Head Fixed Income of PNB Asset Management Company Private Limited, Mr. Bekxy Kuraikose. The discussions were held on issues that the banking sector has been facing. The panel also focused on the significance of due diligence in cutting through the corporate dressing and trends defining the Mutual Funds space.
Concluding the panel discussion on Day 1, Chief Financial Officer of Unitus Capital and Unitus Seed Fund, Mr. Vikas Sarda indicated that customer is the best investor ever. He urged management students to remember a significant mantra that ‘investors do not like surprises’.
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The second day of the conclave began with the address of Mr. Sarat Chandra Dhal, Director of Economic Policy Research (RBI) who spoke about the challenges of financial inclusion in the NE or North East region. Pointing the problems in the banking sector, Mr. Dhal said that people must build a culture to pay back the debts.
The panel discussion on the second day also laid emphasis on various issues like valuation of start-ups by seed funders, global financial issues, Artificial Intelligence (AI), analytics, blockchain and others. Students of IIM Shillong also presented research papers on various topics.