Faculty & students (PGDM Batch 2019-21) of GL Bajaj Institute of Management & Research, Greater Noida attended an online Finance Webinar under Global Talk Series on the topic “Technological and Social Innovations for the Financial Inclusion: from Ant to Post Covid-19” on Friday, June 19, 2020 under the visionary guidance of Mr. Pankaj Agarwal, Vice Chairman, GL Bajaj Educational Institutions and Dr. Ajay Kumar, Director, GLBIMR. The speaker of the session was Prof. Djamchid Assadi, Professor, Burgundy School of Business, France.
During the session, Dr. Ajay Kumar, Director, GLBIMR discussed about the current status of financial sectors in India and its contribution towards economic growth. He suggested and stressed upon the need to enhance the liquidity in the markets by the banks to reduce the current hardships of the economy. Prof. Djamchid Assadi discussed about the need for social and technological innovations in the microfinance sector and shared some important factors for improving financial inclusions in India and elsewhere. He also shared his model on Virtuous Cycle vs Vicious Cycle on financial inclusions. Before concluding, Q & A session was conducted in which the students asked thought-provoking questions from Prof. Djamchid Assadi.
Overall, it was a highly informative and insightful session for the students.