Students Debate – Currency Demonetization in India
Moderator: Mr.ILAMURUGU, VP & Cluster Head, HDFC Bank Limited, Coimbatore.
Title: Debate on Currency Demonetization in India
Debators: Student of Qubate & KCTBS
Student Coordinator: Vignesh Raveendran
Participants: Students of KCT & KCTBS.
November 14, 2016 | 03.00 – 04.30 pm | Seminar Hall Complex- C.
Abstract of the debate:
Currency Demonetization has taken the world by surprise. It expressed the commitment of the Indian Government in cracking a whip on the black money and flushing out the fake money. The present Government has demonetized Rs.500 and Rs.1,000 denomination notes in circulation and ushered in a sleuth of reforms that directly addresses the common man, economy, business and global relations. Interestingly, there are views that both supports and argues on the currency demonetization in India. This debate will provide a forum for students to talk for and against the demonetization of higher denomination currencies in India.
About the Speaker:
Mr.ILAMURUGU KARUNAKARAN is the Vice President and Cluster Head of HDFC Bank Limited. He is post graduated with Rural Sociology and Agricultural Extension. He has over 20 years of experience in banking industry that includes 6 years of service in a Public Sector Bank. His areas of experience include credit appraisal, micro finance, retail banking, branch expansion and resource management. His other interests are organic farming and studying about the rural markets.
About the Company:
HDFC Bank began operations in 1995 with a simple mission: to be a “World-class Indian Bank”. HDFC Bank’s mission is to be a World Class Indian Bank. HDFC Bank caters to a wide range of banking services covering commercial and investment banking on the wholesale side and transnational / branch banking on the retail side. It has a wide distribution network with 4,541 branches across 2,587 cities. All branches are linked online on a real-time basis. Customers across India are also serviced through multiple delivery channels such as Phone Banking, Net Banking, Mobile Banking, and SMS based banking. Over the years, the Bank has received recognition and awards from several leading organizations and publications, both domestic and international.