Jamshedpur : The second day of ‘3rd International workshop on Inclusive Finance’ at XLRI- Xavier School of Management focussed on innovations.
XLRI-NABARD Innovations4Impact(I4I) Award Presentations was held. It is a national level competition, inviting innovators and social entrepreneurs, to demonstrate their innovations to experts and workshop participants.
XLRI-NABARD felicitated selected innovators in the domain of financial inclusion who have made a difference to the lives of the poor by linking finance to livelihoods). J. Singh, Professor of Organizational Behaviour, XLRI Jamshedpur(Chair) Y.C. Nanda, Former Chairman, NABARD, Alok Misra, Chief Executive Officer, Micro-Credit Ratings International Ltd. R. Bhaskaran, Director, Indian Institute of Banking & Finance Fr. Oswald A. J. Mascarenhas, JRD Tata Chair Professor of Business Ethics, XLRI Jamshedpur H.K. Pradhan, Professor of Finance and Economics, XLRI
H. K. Pradhan said, “We initiated several things this year.
We introduced an award – the NABARD-XLRI Award for Innovations4Impact. We tried to bring in the people working in the different fields of innovation that have made a difference in the lives of people at the grassroot level and we received nominations from all parts of India.”
Prof. Pradhan added that this year, they also introduced a new competition for students of almost all the B-Schools in India to come up with ideas o financial literacy and consumer protection.
Fr. Abraham, in his address said, “Since its launch 3 years ago, we are happy to know that XLRI’s inclusive finance event has emerged as a platform to generate ideas and solutions of financial inclusion”.
The Day 1 of the ‘3rd International workshop on Inclusive Finance’ also saw presentations on topics like The Joint Use of Financial and Time Diaries in a Poor Neighborhood in Egypt by Arvind Ashta, Professor, Holder of the Banque Populaire Chair in Microfinance, Burgundy School of Business, Dijon, France; Access to Credit for the Micro & Small Enterprises in India by Malcolm Athaide, Senior President and Chief Risk Officer, Yes Bank Ltd, and H.K. Pradhan, Professor of Finance and Economics, XLRI Jamshedpur; Microfinance Impact on Socio-Economic Empowerment: A Special Reference to Andhra Pradesh by L.Vachya, School of Economics, University of Hyderabad, Hyderabad, and B. Kamaiah, School of Economics, University of Hyderabad; MIX Market on India Map of Financial Inclusion by Sachin Hirani, Asia Regional Manager, Microfinance Information Exchange (MIX).