Is­sues, chal­lenges faced by In­dian bank­ing dis­cussed

HT Ludhiana Live - - City -

LUD­HI­ANA: A two-day Ugc-spon­sored na­tional sem­i­nar be­ing or­gan­ised by the PG depart­ment of com­merce of Kamla Lo­htia SD Col­lege be­gan on Tues­day.

As many as 60 del­e­gates from across the coun­try par­tic­i­pated on the first day. RK Sharma, depart­ment of public ad­min­is­tra­tion, Pan­jab Univer­sity, was the chief guest and Chi­ran­jeev Singh, as­so­ci­ate pro­fes­sor, depart­ment of public ad­min­is­tra­tion, Pan­jab Univer­sity, was the guest of hon­our.

Di­rec­tor BD Bud­hi­raja said the sem­i­nar aimed at var­i­ous chal­lenges faced by the In­dian bank­ing sec­tor due to It-dom-

Pro­fes­sional prac­tices such as train­ing and per­for­mance ap­praisal are miss­ing in the work­ing of public sec­tor banks caus­ing a dent in per­for­mance

SAN­JAY K AU S H I K Univer­sity Busi­ness School, PU

inated glob­alised eco­nomic en­vi­ron­ment. AK Vashisht high­lighted the var­i­ous bank­ing prac­tices of pre re­form and post re­form pe­ri­ods. "Cus­tomers are ma­jor stake hold­ers and banks have to be cus­tomer ori­ented," Vashisht said.

NK Ohja high­lighted the dif- fer­ence in bank­ing in tra­di­tional and mod­ern era, and said use of in­for­ma­tion tech­nol­ogy had made bank­ing con­ve­nient.

CL Chandan from Hi­machal Pradesh Univer­sity spoke on liq­uid­ity, credit and mar­ket­ing risks as­so­ci­ated with bank­ing sys­tem and sug­gested ways to man­age risks.

San­jay Kaushik from Univer­sity Busi­ness School, Pan­jab Univer­sity, high­lighted is­sues re­lated to hu­man re­la­tions in bank­ing. "Pro­fes­sional prac­tices such as re­cruit­ment, train­ing and per­for­mance ap­praisal are miss­ing in the work­ing of public sec­tor banks caus­ing a dent in per­for­mance," Kaushik said.

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