The Bengal Chamber organised a half day seminar on Indian PSU Banking Industry. Indian banks – to be specific – the public sector banks are facing a number of challenges ever since the banking industry was opened up for private players. PSU banks in India have passed through a very convoluted route and challenges. Yet they have been instrumental in contributing majorly to the national income. PSU Banks have been facing difficulties with issues like NPAs, Risk Assessment, Capital Requirement, quality human resources among others. The Bengal Chamber of Commerce felt there was a need for bringing together all the relevant stakeholders like the bankers, regulatory bodies like RBI and the Ministry of Finance to discuss and analyze the impediments for smooth functioning of PSU banks. Already in the recent past this has been discussed at Gyan Sangam which was addressed by the Hon’ble Prime Minister of India, and attended by RBI, Ministry of Finance and all the captains of the PSU banking sector. There were certainly some very positive takeaways. In this context, the Bengal Chamber organized a half-day Conference, “Indian PSU Banking
Industry: Road Ahead” on 10th of January 2015 at Kolkata with the objective of bringing together all relevant stakeholders in this sector for enabling meaningful deliberations and reiterating the key issues of concern in the Eastern Zone.
Mr. R Gandhi, Deputy Governor, Reserve Bank of India graced the occasion as the Chief Guest. Mr. Chandra Shekhar Ghosh, Vice President, BCC&I and Chairman & Managing Director, Bandhan Financial Services Pvt. Ltd. delivered the Theme Address. The summit also witnessed the deliberations of senior bankers like Mr. Sunil Gupta, General Manager, Union Bank of India; Mr. S K De, Deputy General Manager, Union Bank of India; Mr. N K Bhattacharya, Deputy General Manager, Syndicate Bank and Prof. Arup Choudhuri, Member, BCC&I Banking & Finance Committee and President, Acasia Global Consulting, Former Director, Amity Global Business School-Kolkata and Former Dean, IBS (ICFAI Business School-Kolkata). The programme was attended by a large audience and was widely covered in the media.