A Seminar on Banking was held on October 13 at Hotel Le- Meridien, Janpath, New Delhi

. At the outset, CA Pankaj Tyagee, Chairman, NIRC , extended a warm welcome to the Guest Speakers and the participants to the Seminar. The Chairman inaugurated the Seminar by lighting the traditional lamp . During the course of his welcome address he thanked the Guest Speakers for accepting the request of the NIRC to spare their valuable time inspite of their busy schedule. He then briefly touched upon the various topics stated for deliberations.

The Seminar on divided into two technical sessions, the deliberations of 1st technical session were taken in the morning and the proceedings of the second technical session were taken after lunch session. In the First technical session, Shri Aloke Sengupta, General Manager, Industrial Development Bank of India and Shri Tarun Bakshi, Assistant Vice-President, ABN Amro Bank Limited were the key-note speakers. Shri Sengupta, took the deliberations on the Term Lending and Working Capital Finance and covered the various traditional and modern tools of debts, like Term Loan, Fund and Non-funds based Working Capital, Commercial Paper etc Shri Bakshi coverd FENRB, External Commercial Borrowings and Buyers Credit. He threw light on the present scenario of availability of ECB, FCNR loans products. He also explained the structure of Buyers Credit, how we can be useful of these facility. Both the learned Speakers replied to the quereis raised by the participants.

In the Second Technical session, Shri Yogesh Kapur, Senior Vice- President, Enam Securities Pvt. Ltd.took the initative of How to Plan IPO. He also explained the eligibility criteria and procedural aspects of IPO. Shri Shantanu Pandey, Principal, Jacob Ballas Capital India Private Ltd., Spoke on the Issues related to Private Equity Investments in India.

The proceedings of the Seminar were conducted by CA Baldev Kumar, Secretary, NIRC and the vote of thanks was proposed by CA Rajiv Goel, Vice-Chairman NIRC. CA Tarun Gupta, Seminar Co-ordinator introduced the speakers and initiated the Seminar.