They say anyone who stops learning is old, whether at twenty or eighty. Hence, to give wings to the learning objective of aspiring Bankers, the management organised a visit to IndusInd Bank’s M. G. Road branch on 20/12/17. The entire episode was escorted under the tutelage of Prof. Shegorika Lalchandani, who is an Associate Professor of Finance & Accounts. Such visits are an integral component of Career Trek scheme that aims at ensuring that all participants are enlightened with a practical outlook, something that is mundane with IILM’s teaching model.
Visiting one of the top Indian banks certainly added lilies to the bouquet as it gave us a glimpse of a typical work environment in a bank. Eager to grasp all that we could, we were fortunate to meet Mr. Parvinder Singh, who holds the coveted position of Bank Manager. He graciously outlined several notions that drives the banking industry in a crisp fashion throughout a very descriptive conversation. He also briefed about the expected level of understanding, the type of attitude and the right set of skills that a candidate must exhibit to perform and reach to the zenith in banking industry. It is a well established fact that Banking is a very dynamic industry and one needs to be agile in carrying out any operation as a bank employee.
Furthermore, Mr. Singh apprised us with the trends & concepts such as FinTech, Industrial Revolution 4.0, how the sector has evolved in 21st century and how bright the future looks like for Bankers. He narrated a process called ‘4 eyes’ to justify how meticulously a transaction is carried out in a bank to minimalize the possibility of an error/fraud. All operations and activities, are thus carried with rapt attention as any folly could tantamount to severe repercussions. At last, he welcomed and sorted questions escalated by us and suggested that one must always be inclined towards working hard to reap the most desired dividends in life.
In the nutshell, it was an enthralling experience that added interest to our bank of knowledge and intrigued us to possess & analyse with a pragmatic frame of mind to connect better with classroom teachings.