Study Tour at BSE Brokers` Forum and Reserve Bank of India
25-October-2023– Study Tour at BSE Brokers Forum and Reserve Bank of India
Second year finance specialization forty five students along with two faculty members, Dr. Kinjal Shah and Prof.Anjali Kulkarni went on a study tour to BSE Brokers` Forum and RBI, Mumbai, on 25th October, 2023 to gain exposure on how stock exchange works, different functions of money and also interaction with industry expert.
With more than 700 members pan India, BBF is recognized by the Government/ Regulator/ Market Infrastructure Institutions as an apex body of the Indian Securities firms. BBF is also a member of various international forums like Asia Securities Forum (ASF), International Council of Securities Associations (ICSA) and International Forum for Investor Education (IFIE). At these forums, we are in touch with local financial market bodies of various jurisdictions around the world. BBF advocates stable, competitive and efficient Indian capital markets that are necessary to support the region’s economic growth.
The Reserve Bank of India, abbreviated as RBI, is India's central bank and regulatory body responsible for regulation of the Indian banking system. It is under the ownership of Ministry of Finance, Government of India. It is responsible for the control, issue and maintaining supply of the Indian rupee. It also manages the country's main payment systems and works to promote its economic development. Bharatiya Reserve Bank Note Mudran (BRBNM) is a specialised division of RBI through which it prints and mints Indian currency notes (INR) in four of its currency printing presses located in Nashik (Maharashtra; Western India), Dewas (Madhya Pradesh; Central India), Mysore (Karnataka; Southern India) and Salboni (West Bengal; Eastern India).
Students gain the knowledge on different investment avenues, how strong Indian Economy, Investment opportunities with leading sectors and leading companies, and power of compounding. They understood the functions of Money, Importance of velocity of circulation of Money.