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7th National Finance Symposium-2018

ASBM one of the leading B-Schools of India organised the 7th National Finance Symposium on 1st December 2018 on a pertinent theme, ‘Indian Financial Sector: What Today Holds for Tomorrow’. The symposium was inaugurated by Chief Guest Mr. Raj Kumar Minocha , Principal Financial Adviser, East Coast Railways. In his inaugural address, he highlighted that the finance professionals should give due importance to outcome of every expenditure incurred in any project. Further, he also stressed on exercising financial discipline and ethical values which will ultimately lead to high growth.

Mr A. K. Sabat, Senior Chartered Accountant in his key note address, focused on lack of honesty, integrity and financial discipline in financial transactions as major reasons for poor performance of financial sector in India. He also advised the students to uphold honesty, integrity and good moral character to be good human beings and to play an important role in the overall development of the nation.

Prof.(Dr.) Ranjan K. Bal, Former Professor & Head P.G Deptt. of Commerce, Utkal University as guest of eminence discussed on the path to achieve sustainable development and inclusive growth. While commenting on the poor performance of companies, he opined the view that it is basically due to asset-liability miss match and in this context, he focused on the need to follow an effective accounting standard to make growth visible.

Prof.(Dr.) Biswajeet Pattanayak, Founder & Director,ASBM in his presidential address said that it is vital for any company or organisation to exercise financial discipline and to follow the convention of conservatism to achieve high growth.

While introducing the theme of the symposium, Prof. (Dr.) Kalyan Shankar Ray, Dean, ASBM gave a broad prospective on the overall performance of financial sector in India and the challenges ahead.

The plenary session of the symposium was graced by eminent academicians and financial experts and practitioners like Prof (Dr.) Rajendra P Srivastava, University of Kansas, USA , Dr. Kishore Kumar Das, Professor & Head, Deptt. of Business Administration, Ravenshaw University, Mr. Srikant Mohapatra, GM, Canara Bank, Bhubaneswar and Mr. A.K Routaray , Sr. Divisional Manager, Cuttack Division, LIC of India.

Dr. Padmanav Mohapatra, Coordinator of 7th National Finance Symposium introduced the guests and Co-Coordinator, Dr. Barada P Mohapatra proposed the vote of thanks.