About the event
EVENT NAME | NSE - IMF Seminar on India's Financial System |
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DATE | May 11th, 2023 |
VENUE | Hybrid |
About NSE - IMF Seminar on India's Financial System
India’s US$ 3trn+ economy contributes 15% to global economic growth (in PPP terms) and is projected to become the most populous country in 2023. Strong and sustainable growth will not only be critical for the country’s economic development but increasingly has global implications. India’s financial ecosystem plays a critical role in its story and is the key to credible, equitable growth.
In this context, we are pleased to invite you to the book forum on “India’s Financial System—Building the Foundation for Strong and Sustainable Growth”, by the International Monetary Fund’s Asia and Pacific Department on May 11th, 2023, at the National Stock Exchange. The book takes a comprehensive look at India's financial system, setting the stage with the macro environment, with forays into banking, corporate debt, ESG, and Fintech. It also explores crucial linkages for the financial ecosystem like capital flows, debt resolution, NBFCs and corporate sector vulnerabilities.
17:00 to 17:20 |
Registration |
17:20 to 17:25 |
Welcome address by Mr. Sriram Krishnan, Chief Business Development Officer, NSE |
17:25 to 19:00 |
Presentation on “India’s Macro-Economic Financial Setting and Financial System” followed by Panel Discussion |
19:00 onwards |
Closing remarks followed by dinner |
Speaker Profile
Dr. Nada Choueiri
Assistant Director & Mission Chief for India, IMF
Dr. Nada Choueiri is the Assistant Director & Mission Chief for India at the International Monetary Fund since September 1st, 2021. Prior to that, she was Mission Chief for Malaysia and Singapore. Her career at the International Monetary Fund spans 23 years, during which she worked on a range of countries in Emerging Europe, the Middle East, and Asia, and spent several years in the Office of the Deputy Managing Director as Advisor. While on leave from the International Monetary Fund during 2014-15, she was Lead Economist for Algeria and Libya at the World Bank. Born in Lebanon, Ms. Choueiri received her B.A. in Economics from the American University of Beirut and her Ph.D. in Economics from the Johns Hopkins University in Baltimore, USA.
Dr. Alfred Schipke
Director, IMF - Singapore Regional Training Institute
Dr. Alfred Schipke was appointed Director of the IMF – Singapore Regional Training Institute for Asia and the Pacific in September 2021. Prior to that he was Assistant Director in the Asia and Pacific Department and Mission Chief for India. From 2013-2020 he was the IMF Senior Resident Representative for China providing policy advice, leading the analytical work of the office, and coordinating the IMF’s capacity building activities in China. Apart from holding other senior positions at the IMF, he has taught international finance at Harvard Kennedy School and the National School of Development at Peking University and has authored and edited several books and articles.
Dr. Mridul Saggar
Professor of Practice Economics, IIM Kozhikode & ex-Member, Monetary Policy Committee, RBI
Dr. Mridul Saggar is the Professor of Practice (in the area of Economics) at the Indian Institute of Management (IIM), Kozhikode. Dr. Saggar has three decades of experience in various central banking functions. He was earlier the Executive Director, Reserve Bank of India (RBI), overseeing the central bank’s monetary policy and economics research functions. He was also one of the six members of the RBI’s Monetary Policy Committee (MPC) in charge of taking collegiate decisions on policy interest rate and the monetary policy stance; as also of its Financial Markets Committee (FMC), that takes decisions on its financial market operations. Earlier, he had served as the Head of the International Department of RBI, representing India at various international bodies/G20 Working Groups/Task Forces. Currently, he is also on-boarded as an Expert by the International Monetary Fund (IMF) to render expert advise to IMF member countries in the area of monetary policy as part of IMF missions.
Dr. Sajjid Chinoy
MD & Chief India Economist, J.P. Morgan & Part-time Member, PM-EAC
Dr. Sajjid Z. Chinoy is Managing Director and Chief India Economist at J.P. Morgan, since 2010. He is also currently serving a second term as part-time member of the Economic Advisory Council to the Prime Minister (EAC-PM). Dr. Chinoy previously served on the Advisory Council to India’s 15‘h Finance Commission, and was a member of the “Expert Committee to Revise and Strengthen the Monetary Policy Framework” set up by the Reserve Bank of India in 2013. He has served on other RBI committees including Offshore Rupee Markets and Developing a Secondary Market for Corporate Loans. In 2016, he served as a consultant to the FRBM Review Committee which proposed a new fiscal anchor for India. Dr. Chinoy has previously worked at the IMF and McKinsey & Company. He received his Ph.D. at Stanford University. His dissertation won the EXIM Bank award for the best dissertation by an Indian national for 2001.
Dr. Tirthankar Patnaik
Chief Economist, NSE (Moderator)
Dr. Tirthankar Patnaik is Chief Economist at the National Stock Exchange of India. He has over two decades of experience in the Indian capital markets, academic research, credit research in macro and sector strategy, quantitative finance and consumer banking. He started his career as a researcher at the Indira Gandhi Institute of Development Research (IGIDR) and worked on a number of academic and corporate projects in econometrics and quantitative finance, followed by a stint in consumer banking analytics as an analyst with the Global Consumer Group of Citibank in India and Europe. His next focus area was equity strategy for institutional clients, initially with Citigroup Global Markets as India equity strategist, and then with Religare Capital Markets Ltd, as the India Strategist and Chief Economist. In his last assignment prior to joining NSE, he was the Chief Strategist and Head of Research for India, at Japan-based Mizuho Bank.