A guest lecture was held for First Year & Third Year B.Com Banking students at 9.00 am on 4th August 2018. The speakers were Mr. Niraj Kumar Verma (SWA) and Mr. Vikrant Bharti (AFO) –both from Central Bank of India VVM Pedda branch. The talk was held in the Smart Classroom and around 60 students attended the same.
Mr. Vikrant Bharti explained to the students the different banking functions-like accepting deposits and giving loans, electronic banking and explained them the need of following safe procedures.
He discussed the Punjab National Bank scam and its modus operandi. This was followed by a small discussion on consortium finance (Vijay Mallya case) as to how banks failed to prevent the NPA.
Mr. Niraj Kumar Verma elaborated on hacking and safety needs on using debit and credit cards. He also briefly touched upon the RBI guidelines towards bank rates and NPAs.
In short topics covered were:-
- Basic banking awareness
- Retail Banking –NPAs
- Relation with RBI
4. Cyber crimes
