The Department of Commerce – Banking & Insurance and Computer Applications &
FinTech organized a Seminar on “Indian Financial System” on 28 August 2026 for the I B.Com.
Banking & Insurance and I B.Com. CA & FinTech students at Hall No. G2, Subbalakshmi
Block. The session began with a warm welcome by Ms. Khushbu Kumari, II B.Com. (B&I)
student, who introduced the Resource Person and formally handed over the session.
Dr.D. Abraham Pradeep, Associate Professor, RLIMS, Subbalakshmi Lakshmipathy
College of Science, Madurai, served as the Resource Person for the seminar. He provided an
informative overview of the Indian Financial System, explaining its major components,
including financial institutions, financial markets, financial instruments, and financial services.
He also discussed the role of banks, non-banking financial institutions, insurance companies,
capital markets, and regulatory institutions in the economic development of the country. The
Resource Person explained the importance of the financial system in mobilizing savings,
promoting investments, facilitating credit, and supporting economic growth. The students
actively participated in the session and interacted with the Resource Person by raising questions
related to banking, insurance, financial markets, and investment opportunities. The questions
raised by the students were addressed effectively with practical examples. The session concluded
with a vote of thanks delivered by Ms. Khushbu Kumari, II B.Com. (B&I) student. Overall, the
seminar was informative and beneficial, providing students with a better understanding of the
structure, functions, and importance of the Indian Financial System. A total of 69 students
benefited from the programme.
Outcome of the Programme
Students gained a basic understanding of the structure and components of the Indian
Financial System.
Students understood the role of banks, financial institutions, financial markets, and
financial services in economic development.
The seminar enhanced students’ awareness of banking, insurance, investment, and
capital market activities.
Students developed a better understanding of how the financial system helps in
mobilizing savings and promoting investment.
The interactive session improved students’ financial awareness and practical
understanding of financial institutions and markets.
Students were encouraged to explore career and investment opportunities in the financial
sector.
The programme helped bridge the gap between theoretical knowledge and practical
understanding of the Indian Financial System.
69 students benefited from the seminar.