Excelsior Correspondent
JAMMU, Apr 26: University of Jammu’s (JU) International Centre for Cross Cultural Research (ICCCR) and Human Resource Management (HRM) organized a visit-cum-panel discussion at Reserve Bank of India (RBI), Jammu for MBA (International Business) students on the theme ‘Forex for You’.
The objective of the visit was to acquaint students with the understanding of the Financial Markets, Forex management and to understand the role of RBI as a regulator, developer and supervisor.
The discussion started on the role that RBI is playing towards digital banking by managing four fundamentals-financial inclusion, monetary stability, economic efficiency and financial stability.
The panelists were H.K Soni, General Manager, Foreign Exchange Department, Ruchir Sonkar, Manager, Foreign Exchange Department, K.S Gauri, Assistant Manager, Banking Department and Sanjay Kumar, Assistant Manager, Issue Department.
While speaking H.K Soni highlighted the importance of understanding the foreign exchange market in Indian context and its connect with the international businesses.
Ruchir Sonkar elaborated upon the importance of holding foreign reserves for direct financing of external payments imbalances.
K.S Gauri talked on the shift that RBI is undergoing from being a supervisor and regulator to developer in terms of creating digital banking platforms with huge scope of penetration in rural hinterlands as well.
Prof. Deepak Raj Gupta, Director ICCCR and HRM assured the students that in future academic course work, the resource persons from RBI, with expertise in the area of international finance and banking will be on board for International Business students for providing them critical insights of international business.
Dr. Isha Sharma, Assistant Professor, ICCCR & HRM, coordinated the visit.
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