The Indian Institute of Foreign Trade is organising the National Finance Symposium in association with the Bombay Chamber of Commerce in Mumbai on October 22. This year’s theme is “Indian Banking: The Road Ahead”. The symposium, which will be held at Hotel Taj Mahal Palace and Tower in Mumbai, will have speakers from across the industry- banks, credit rating agencies, financial services firms and the media.

With recent measures announced by the government and the RBI with regard to the opening of India’s banking sector, it will be challenging for all parties to tackle the new rules of the game. The competition would be tough and managing risk would become one of the most important issues. How easy will it be to realign the process? Where will banks raise the required capital from? These are some of the issues that the symposium will aim to address.

The symposium will revolve around three sub-themes and will have a session on one of them. The first session will focus on the changing dynamics of the banking sector and will have the following speakers: Mr Abhijit Sen (chief financial officer, Citibank NA), Mr Sunil Gulati (Group President, Yes Bank Ltd) and Mr Rashesh Shah (chairman and CEO, Edelweiss Capital).

The second sessions will focus on risk management and the emerging issues with regard to the same. Speakers in the session include Mr S Venkatraman (senior director, ratings- CRISIL), Mr Mohan Shenoi (treasurer, Kotak Mahindra Bank), Mr K G Bhandari (senior VP & head, risk management-IndusInd Bank) and Mr Ashvin Parekh (partner and national industry leader, financial services-Ernst & Young Pvt Ltd).

The third session aims to discuss the role of banks and corporates as partners in growth. This panel discussion will be moderated by Mr Rajrishi Singhal, (consulting editor, The Economic Times). Other participants in the discussion will be Mr Govind Sankaranarayanan, (CFO-Tata Capital Ltd), Dr S Subramanian (head, investment banking, Enam Securities Pvt Ltd), Mr Parag Patki (CEO, SME Rating Agency of India Ltd) and Mr B K Mandal (director, finance- Shipping Corporation of India).

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The Indian Institute of Foreign Trade is one of India's premier B-schools. It was started by the Government in 1963 and is affilaited to the Union Ministry of Commerce.