Bhubaneswar: The Finance Association of XIMB hosted its flagship conclave Finomics on 8th November 2020 with the theme “LIQUIDITY: THE PLASMA FOR AN AILING ECONOMY.”
Professor Subha Kant Padhi, Moderator for the conclave, began the talk by laying foundations aboutramifications of the pandemic on the economy, government & RBI’s financial policies, sector-wiseanalyses, and the future of financing in the country. The first speaker was Mr. Rohit Anand, Chief Business Officer, and Founding Team Member, Credeble.in. He stressed the importance of working capital and how people are trying to find new ways to raise cash; he further explained that due to the market opening up and pent up demand being healthy, there have been disturbances in crores of quantity over the last six months.
The second speaker was Dr. Soumya Kanti Ghosh, Group Chief Economic Adviser, SBI. He walkedus through the various areas that need to be worked on to cope with the current crisis and the fiscalmeasures that could revive the economy.
The third speaker was Ajay Bhatia, VP, Head of Credit & Compliance, Cholamandalam Investment, and Finance Company Limited. He discussed the pandemic’s impact on the GDP, employment, demand, supply, liquidity, and growth and also enlightened students about the uncertainties the current pandemic has brought forward, such as sources for funding for expansion anddevelopment of businesses and industries, finally touching upon the big role technology has played in