Students of the Chanakya National Law University will learn about financial challenges banks face and what corporate social responsibility they are expected to fulfil at a seminar in December.
The two-day seminar — “Law and economics: Banking competition and efficiency” — would start on December 7. The university launched a combined BBA-LLB course this year, and students pursuing it would benefit from this seminar.
Students will also get to learn about the effects of merger and amalgamation in the banking sector at this University Grants Commission-sponsored seminar, where scholars, researchers, judges, lawyers, academics and bankers would present their papers.
Chanakya National Law University (CNLU) registrar S.P. Singh said: “There have been a number of positive developments in the banking sector over the past decade. The policymakers, including Reserve Bank of India and the ministry of finance, have made several efforts to improve regulation of the banking sector. Students should be aware of the developments in the sector and the seminar will help them learn more.”
Besides students and experts, those interested in investing in the share market will also learn about the pros and cons. One of the subjects the experts at the seminar will speak on is “Educating investors to balance risks and rewards.”
Students of the university are upbeat about the upcoming seminar on their campus.
Kumar Gaurav, a first-year BBA student, said: “We are very happy that the CNLU is organising a national seminar on banking. Investors in the share market will learn a lot about how to balance risk and rewards.”
He added that students who want to join the banking sector after graduation will have ample opportunities to expand their knowledge at the meet. “Experts are slated to speak on a number of interesting topics like responsible business conduct of financial service providers and the role of regulatory institutions in protecting consumer interest.”
Speakers will also discourse on the growth of the banking sector and the challenges it is facing. A source said: “At present, the most important task of the banking sector is to ensure that the services and products are available to larger sections of the society. It should also focus on growth through inclusion, innovation and diversification while complying with domestic regulation and adoption of the best international practice.”
Cyber crime affecting the banking sector will be another subject under consideration.
CNLU registrar Singh said: “All organisations, including banks, hotels, airlines, telecom companies, the police and government agencies, face the threat of Internet fraud. Experts on cyber crime will discuss the various challenges banks face from criminals who have diversified into the cyber world.”