The Post-Graduate Department organized the third Industry Interaction Program on the topic ‘Corporate Banking & Project Financing’ on 1st July 2021 at 10.00 am via Google Meet platform. The main objective of the program was to bridge the gap between academia and industry by providing brief insights to the students in the area of project financing and corporate banking.
The Resource Person for the Program was Mr. Sanjiv Kumar Sachdev, Advisor -Debt Restructuring &Resolution Department, Edelweiss Financial Services& Investment Ltd. Mumbai, Ex- Chief General Manager (Large Corporate Group), IDBI, Mumbai. The program commenced with a brief welcome address delivered by Assistant Professor Ms. Sheryl Da Silva. Ms. Anar Singbal, student of M.Com Part I introduced the Resource Person for the session.
Mr. Sachdev began the session with a brief introduction on Pre-liberalization and Post-liberalization phase of banking sector in India. He addressed students on various aspects of corporate finance environment in India and elaborated on different types of corporate finance options available. He further explained the various products of corporate finance giving relevant examples and also discussed in detail the difference between corporate finance and project finance.
The Resource Person emphasized the role of project finance and the need for growing importance of Project Appraisal (assessment of 5 Ms) in the finance sector. He further briefed the students on the concept of project cost in relation to financial assessment and concluded the session by stressing on the need for the banking sector to provide innovative financial solutions to corporate clients and to provide tailor-made products to meet every client’s unique requirements.
The students found the industry interact program very informative and beneficial. The Resource Person addressed the questions raised by the students at the end of the session. A total of 48 participants attended the program. The session ended at 11:30 am, with the Vote of Thanks proposed by Mr. Rohit Prajapati student of M.Com Part II.
