Birla Global University,Bhubaneswar has organized a State Level Seminar on " Public Sector Banks at Crossroads and the Way Forward" on 14 October 2017.The seminar was inaugurated by eminent academician and economist Prof. Baidyanath Mishra at Birla Global University Campus.
Professor Baidyanath Mishra expressed his concerned about decreasing consumption, investment and export. He said the NPA condition can improve, if there is a growth in consumption, investment and export fields. Increased emphasis on service sector can never improve the situation. India has to emphasize the make in India concept and Banks need to help the MSME which in turn can help in the growth of the economy.
Dr. B. K. Das, Registrar, BGU said that Banks are made dustbin by giving all different tasks to do what was earlier to be done by other departments. This make Banks inefficient. So Government needs to take care of these things to set things right.
K. R. Das, Retd. Regional Director, RBI, said that Clean activities, suppression of thefts and availability of present cash can improve NPA condition.
Shri Ramesh Das, Regional Director (Retd.), Reserve Bank of India said that this seminar created a platform for valuable discussion among academician, practitioner, policy maker ,students and researchers in general and can come out with good suggestions.
Dr. P. Nayak, Dean, School of Management, BGU emphasized on HR issues and discussed about if the banks can decide where they want to go instead of being in dilemma what to do then things can be improved. He gave emphasis on talent acquisition to talent development and talent retention in PSU banks.
The valedictory address was given Prof (Dr.) Padmaja Mishra,Vice Chancellor, Ramadevi University .The seminar in charge Prof.Ajit Kumar Das delivered the objectives of the seminar in the beginning. Around 200 participant, academician, bankers, students attended the seminar.