ICFAI University Fifth Foundation Day Lecture - Financial Inclusion is a Big Opportunity for Banks: Subbarao
On the occasion of the Fifth Foundation Day Lecture at the ICFAI University, Hyderabad on February 6, 2015, Dr. D Subbarao, former Governor of the Reserve Bank of India delivered lecture on the topic ‘RBI Making a Difference to Everyday Lives’.
Dwelling on the importance of financial inclusion, Dr. Subbarao said financial inclusion was good for the poor, the banks, the government, and the economy. While appreciating the large scale opening of accounts by households, he pointed out that the real test was how many of these households who had bank accounts actually used them. To ensure that they did use their accounts, the poor should have the facility for credit, insurance, and remittance through these accounts, Dr. Subbarao said. Dispelling the myth that the poor did not need financial planning, he said, ‘Poor people need much more financial planning and are also good at it’. He said policy makers needed to understand poverty to ensure financial inclusion in the real sense.
Dr. Subbarao further advised the students in particular to do some research work in villages to spread awareness among the people about how to operate the bank account.
Explaining the mandate of the Reserve Bank of India, Dr. Subbarao said monetary policy making was a challenge for all central banks, not just RBI. Consumers and investors needed low and steady inflation and as a public institution, RBI had to listen to the voice of the millions of poor people. Speaking on RBI’s responsibility to issue currency, he stressed that it also had the role of protecting the value of the currency.
Dr. C.H. Hanumantha Rao, the Chancellor of the University who presided over the event, appreciated Dr. Subbarao for explaining such a complex subject so lucidly. Dr. J. Mahender Reddy, Vice Chancellor, in his welcome address highlighted the contribution of N.J. Yasaswy in the establishment and growth of the ICFAI institutions. He noted Dr. Subbarao’s unique role in helping the country mitigate the impact of the 2008 global financial crisis during his stint as Governor of RBI. He pointed out that Dr. Subbarao was also credited with the reorientation he provided to the process and content of the monetary policy formulation consistent with India’s rapid integration with the rest of the world.
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Questions related to ICFAI Foundation for Higher Education, Hyderabad
which campus is best amount malla Reddy main campus and ICFAI for btech cse
Hope you are doing well.
As per choosing the best college among both one should compare their placements and study facilities as well as infrastructure . So
1) Malla reddy main campus :-
As per their officials they had good well qualified professors as well as good infrastructure as per review. And as per their placement they have an average CTC package of 3LPA and highest package is of 7 LPA. Companies like google, Infosys etc came here for recruitment.
As per their reviews they had good infrastructure and well qualified professors. As per placement side they had an average CTC package of 2LPA and highest CTC package of 10 LPA by marketing company. Companies like BYJUS, paymatrix, etc came here for recruitment.
So as per this comparison MREC have an edge over ICFAI as per placement side so as per my opinion you should go with MREC.
Hope this Information help you out. Thank you.
is it good to join in icfai college for btech cse in Hyderabad
ICFAI Tech institution is a constituent of I.F.H.E. As IFHE is a Deemed University established under Section 3 of UGC Act, 1956. ICFAI Tech provides quality education and training in the fields of science and technology.
Computer Science Engineering (CSE) at ICFAI as ICFAI Group is one of the largest Private Universities Group in India. Around 87% students gets placed in ICFAI Tech School (ITS) every year. The average salary being 3.37 Lakh. The maximum salary is 15 Lakh. Some of the companies that visit the college for placements in CSE are : Amazon, Hcl, Indian Navy, Kelly Services, Mahindra and Mahindra, Mindfire, sonata software,
For More Details on ICFAI Tech Hyderabad :
is icfai a best collede to join for btech cse
As per my research and information ICFAI UNIVERSITY was established in the year of 1984.The college has a campus size of 32 acres with a beautiful infrastructure and greenery everywhere.It has several buildings like administration /academic, laboratory, workshop, hostel with 600 capacity for boys and girl students with a dining facility.
Now, if we talk about faculties of ICFAI then they are very friendly and supportive. They not only teach in an understanding way but also they relate to real life things and give examples through which students get more interactive and interested.
Now, if we talk about placement statistics then the highest package offered by icfai university is 13lpa and the average ranges 5.4lpa.
For more information please refer to the link mentioned below:-
Hope it helps!
All the best!
How is ICFAI dehradune campus? and its faculty?
The IUD campus is at Selaqui, in Dehradun. It has 2,565,000 square feet (238,300 m2) of built-up area with academic blocks, workshops, laboratories, faculty rooms, auditorium, seminar halls, computer labs, library, and other student facilities. The campus is capable of accommodating up to 3,000 students.
The ICFAI University Dehradun is best private college for law in northern region . Despite of low fee structure it provides all the facilities to the student which is necessary to become a quality lawyer . It gives access to all researching websites that are provided in any costly private universities like Westlaw etc. The law school provides with internship every year to the student according to there preferences and also the placement of the is also quite satisfying but at the end the day its law field where one earns not the college placement but on his own talent and skills.
The weak areas that I should mention are its average infrastructure that is not at all attractive and its location which 22 km away from the city which makes it solitary building during the night times. It does not have its own hostel facility but might get within few years seeing to increasing status.
The college faculty is very good, there are eminent teachers and professors who make this institute better from the rest. No questions can be raised on that.
Which distance university is best for bba icfai,lpu, symbiosis, nmims, or any other, Im from hyderbad
I would recommend you to go for ICFAI.
ICFAI University is a renowned and very reputed for management studies.
It also offers distance education courses and BBA is one of the popular courses offered by the university.
It highly rated so you should go for it.
I hope this helps.