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MAGIS
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FEBRUARY 2014
GNOSIS 2013
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CAMPUS CAPERS
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| CRISIS COVER |
T
HE FOURTH
edition of XLRI’s
annual finance conclave, GNOSIS
2013, in Mumbai played host to
some of the biggest names in corporate
India.
Finax (Finance Association at XLRI)
in collaboration with Mumbai Alumni As-
sociation of XLRI and ICICI Prudential,
organised the conclave focusing on the
Role of Financial Services in Mitigating the
Crisis. The conclave addressed the prob-
lems of financial meltdown and currency
depreciation. The panelists discussed the
outlook for the future of the financial sector
and the economy as a whole.
The discussion was led by some of the
stalwarts in the field of finance like Execu-
tive Director of Sebi Murlidhar Rao, CEO
of Goldman Sachs Services Bunty Bohra,
Managing Partner of Arpwood Capital
Rajeev Gupta among others. Each of these
consummate professionals shared their
ideas and opinions, formulated through
their luminous careers, with professionals
from the industry, media, student communi-
ty and public at large. The current problems
Rajiv Ranjan.
The conference witnessed an enthusi-
astic participation from audience during a
panel discussion on financial inclusion, mi-
cro finance and the role of banking chaired
by eminent panelists including CEO of
Grameen Capital India Royston Braganza,
Head of Ratnakar Bank Aseem Gandhi,
Director of Citibank Narayan Swamy,
Director of Standard Chartered Inderjit
Camotra, former executive director of RBI
VK Sharma. The discussion was moderated
by former COO of Society General Sandra
Martyres. The former executive director of
Sebi shared his thoughts and perspective
on regulations in the Indian economy and
how they can play a vital role in mitigating
the ongoing crisis. The conclave concluded
with an exciting stock pitch competition
which saw participation from B-schools
pan India. The finalist teams pitched their
ideas which were judged by Head of Eq-
uity, SBI, MF, Mumbai, R Srinivasan and
Founder of Beyond Quant Equity Research
Nitiin A Khandkar.
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of the economy have led people to pin the
blame on many different parties, each being
an important stakeholder. The financial sec-
tor, being one of them, needs to prove its
relevance and importance as a major force
in our economic arsenal.
The conference commenced with an
introduction to the importance of invest-
ments led by Bohra. The session focused
on encouraging foreign investor confidence
in the Indian economy and the role played
by venture capitalists and private equity
firms. It was followed by a thought provok-
ing insight on Indian banking by CEO of
Reliance Asset Reconstruction Company
The conclave
addressed problems
of financial meltdown
and currency
depreciation
Head of Ratnakar Bank Aseem Gandhi, CEO of Grameen Capital India
Royston Braganza and former executive director of RBI VK Sharma at the
panel ; (Right) Finax members at the conclave in Mumbai
