Our new RBI Governor: Urjit Patel

Mr. Urjit Patel has been appointed as the new Governor of RBI, here are a few facts about him:

1) Patel is one the four deputy governors at the RBI. He heads the monetary policy department.

2) He was appointed by the UPA government in 2013.

3) His term, which was supposed to end this year, was extended by three years in January.

4) Reserve bank officials consider him to be incumbent RBI governor Raghuram Rajan's closest lieutenant.

5) Patel has an M.Phil from Oxford University, and a PhD (economics) from Yale University.

6) He worked on the India, US, Myanmar, and Bahamas desks at the International Monetary Fund (IMF) from 1990 to 1995.

7) He served as an IMF advisor to the RBI from 1996 to 1997.

8) Patel also worked as an consultant with the Department of Economic Affairs of India's Ministry of Finance from 1998 to 2001.

9) Before his 2013 RBI appointment, he was an advisor to the Boston Consulting Group, an American think-tank.

10) A committee headed by Urjit Patel recommended shifting the focus away from wholesale prices, and targeting consumer inflation with an aim to check volatile prices. In March last year, the Reserve Bank and the Ministry of Finance - headed by Arun Jaitley - agreed on a consumer inflation target of 4 percent, with a leeway of 2 percent more or less, by the financial year 2016-2017. The decision to use inflation-targeting is considered to be one of the most important changes to monetary policy since the 1991 reforms.
(Source: various articles, specially from Times of India)

The resume' looks commendable and impressive, lets hope our new governor takes over from where Mr. Rajan left and continue in his noble footsteps.

SMSR wishes the Mr. Urjit Patel all the best!!

Women Leaders with MBA

Women…..      Leaders ….     MBA

Ms. Chanda Kochhar                     CEO, ICICI

Ms. Chhavi Rajawat                       First and Youngest Village Sarpanch (SoDa, Rajastan)

Ms. Indira Nooyi                            CEO, PEPSICO

Ms. Rashmi Bansal                        Author, Stay Hungry Stay Foolish

Ms. Shikha Sharma                        CEO, Axix Bank

……………

What's common in them?              MBA !

Ladies, MBA is the best fit program for you. 

RIGHT CHOICE!

UK moving out EU

Supreme Court of India maintaining its supremacy over Arunachal Pradesh verdict

Sereena Williams equals Stefi Graf’s record 22 grand slam victories

Pro-Kabaddi is bringing the old glory of a forgotten Indian game back

As usual PM Modi is continuing his foreign trips

Again fire in Kashmir

Could burst in Himalayas

Spark of terrorism across the globe

In the midst of all this MBA aspirants are wondering about their rankings in the recently concluded PGCET examination. Optimisation of one's preference based on the rank is very crucial at this stage.

Finally students should come out of this with " Yeah that's the best decision I've made", because we make our choices but then our choices make us.

My expectations and how I realised them at SMSR- An article by Nayana Nanu, IIIrd semester SMSR

When I decided to pursue my MBA I was very particular about what I wanted from the institution I would be joining. My expectations were that the college should be a reputed one, have good experienced faculty, well equipped library, should have good placement record and to top it all should have conducive ambience for personal growth and development with likeminded people and guess what, I found all of the above in BVB SMSR.

Apart from this, the college has on offer the SIIT program which gives us unprecendented exposure to industry and also rural immersion program which provided us an opportunity to mingle with villagers and experience their life style.

I hope to graduate from BVB SMSR with flying colours and enter into the professional world with confidence. 

Right Choice, Bright Future- An article by Dr. S.V. Patil, Published in Business Line

For life, not just a job!-By Darshana R, III semester, SMSR

This is what SMSR has provided me with!

1. For complete learning
2. To get maximum exposure to corporate life i.e. through SIIT program
3. To experience an ultimate differentiator i.e. Rural Immersion program (RI)
4. To be able to learn more by utilizing dual specialization option
5. To learn from our fantastic staff
6. To experience different, enjoyable yet informative programs

There are so many programs, continous presentations, knowledge sharing all of which presents us with the possibility of overcoming stage fear, gaining leadership qualities, becoming confident and inturn making us employable, not just for a job, but also for what life has in store for us!