Indian Bank Hosts Chief Economic Advisor, Dr V. Anantha Nageswaran at IMAGE, Chennai

 Indian Bank hosted an interactive session with Dr V. Anantha Nageswaran, Chief Economic Advisor to the Government of India, at its state-of-the-art, high-tech classroom “Pragati” at the Indian Bank Management Academy for Growth & Excellence (IMAGE), Chennai. The event, held on September 14, 2024, focused on the topic "Indian Economy & Banking: Growth and Trends." Shri S L Jain, MD & CEO of the Bank addressed the gathering of Bank’s Top Management Team, Corporate Clientele, Regulators, and Distinguished Academicians.

"We are delighted to have Dr. Nageswaran sharing his insights on the Indian economy and its implications for the banking sector,” said Shri Jain MD and CEO of the Bank. “This interaction will undoubtedly benefit all the participants and help them better understand the challenges and opportunities facing the industry."

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During the session, Dr Nageswaran discussed the current state of the Indian economy and its impact on the banking sector. He highlighted the importance of technological advancements in driving growth and innovation in the industry. The Chief Economic Advisor also emphasized the need for banks to adapt to changing customer preferences and market dynamics to remain competitive. He emphasized the crucial role of agriculture in driving economic growth and mentioned India’s food-feed will be a model for the world. The corporate clients actively engaged in the ensuing informative Q&A session too with the Chief Guests.

Dr Nageswaran praised Indian Bank's efforts to invest in knowledge sharing and excellence. He appreciated Indian Bank's initiative of the MSME Prerana programme, aimed at training MSME entrepreneurs, and also acknowledged the bank’s efforts in supporting the PM Jan Dhan Yojana, which promotes financial inclusion across the country.

The event saw active participation of senior executives, branch managers, and employees from across Indian Bank's network. The interaction provided valuable insights and perspectives on the future of the Indian economy and the banking sector.

 

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