Navigating Economic Tides: The Interplay of Macroeconomics and the Banking Sector



The Corporate Connect Programme held on August 18, 2023, witnessed an insightful discourse on the topic "Navigating Economic Tides: The Interplay of Macroeconomics and the Banking Sector". The esteemed guest speaker, Mr. Suhas Sahakari, a seasoned banker with a remarkable career spanning 37 years, brought his wealth of experience to engage the audience of first-year BCOM Financial Analytics and MSc Global Finance and Analytics students.

Objective of the Session: The primary objective of the session was to equip the students with a deeper understanding of the connect between Banks and Macroeconomic factors. Mr. Suhas Sahakari aimed to provide the students with valuable insights and practical knowledge to enhance their understanding of Macroeconomics.

Session Overview: Mr. Suhas Sahakari commenced the session by introducing himself and sharing his vast experience in the field of banking.
  1. Macroeconomic Impact on Banking: Mr. Sahakari began by elucidating the profound impact of macroeconomic trends on the banking sector. He discussed how factors such as inflation, interest rates, GDP growth, and fiscal policies influence the functioning of banks.
  2. Navigating Economic Cycles: The speaker shared insights on how banks adapt their strategies to navigate economic cycles, including recessions and booms. He highlighted the importance of risk management and liquidity planning during such periods.
  3. Policy Interventions: Mr. Sahakari emphasized the role of government policies and central banks in shaping economic stability. He explained how regulatory changes and monetary policy decisions impact banks' lending practices and overall operations.
  4. Financial Innovations: The discussion moved to technological advancements and their impact on the banking sector. Mr. Sahakari explained how fintech innovations are transforming customer experiences, payment systems, and risk management.
  5. Global Economic Trends: Drawing from his extensive experience, Mr. Sahakari shared insights into global economic trends and their cascading effects on banking operations, trade, and investment.
  6. Interactive Q&A: The session concluded with an interactive Q&A segment, where students posed thought-provoking questions about career prospects, future challenges, and the role of analytics in banking.
Interactive Session: The event resonated well with the audience, comprising first-year BCOM Financial Analytics and MSc Global Finance and Analytics students. They actively participated in discussions and posed insightful questions, reflecting their enthusiasm to comprehend the intricacies of macroeconomics in the banking sector.

Key Takeaways: 
  • Understanding the dynamic interplay between macroeconomics and the banking sector.
  • Recognizing the importance of risk management and strategic adaptation during economic fluctuations.
  • Gaining insights into the influence of policies and regulations on banking operations.
  • Realizing the transformative impact of fintech innovations on banking processes.

Conclusion: The Corporate Connect Programme on "Navigating Economic Tides: The Interplay of Macroeconomics and the Banking Sector" facilitated an enriching learning experience for the first-year BCOM Financial Analytics and MSc Global Finance and Analytics students. Mr. Suhas Sahakari's insights provided valuable perspectives that will undoubtedly contribute to their understanding of the financial landscape and its intricate connections with the macroeconomic environment.


OUTCOMES OF THE EVENT
Outcome 1: The session helped students in the understanding of the interplay between macroeconomics and the banking sector, insights into strategic adaptation, awareness of policy influence, exposure to financial innovations, global economic awareness, and enhanced critical thinking skills.
Outcome 2: The session also provided students with career insights, networking opportunities, contextual learning, and inspiration for their future endeavors in the financial and banking sectors..








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