Investment awareness Program Report

Banking and Insurance Department had organized a session on "Investment awareness program on Exchange traded Commodity Derivatives on 22nd September, 2022 at 10.00 a.m. in the auditorium.Mr.Amogh Gothoskar was the resource person for the session. Amogh sir covered the following topics in commodity derivatives.

1) Trading Cycle (Contractual terms, Clearing services, Settlement)

2) Spot Commodity Market

3) Derivative Commodity Market

He also said that precisely there are 152 commodities to choose from for investment/arbitrage/hedging/speculation purposes.

He recommended the following four commodities for investment

1) Gold/Bullion –Long hedge & Short hedge strategies, most gold into India comes from Switzerland, Dubai & Finland. Price is determined on the basis of purity.

2) Crude oil- Types of oil indexes are-WTI /ASCI, BRENT CRUDE, DUBAI CRUDE. Ancillary products are fibers, polymers, furnace oil, petrol /diesel, aviation turbine fuel .India imports crude oil from Iran, OPEC, Russia, Ukraine and USA. It is found in the form of sour and sweet.

3) Soybean –Reasons to invest are

To enhance physique, endurance, stamina, standard of living, looks, going vegan etc.

Alternative for lactose intolerant people.Most important component for athletes, bodybuilders, weight lifters etc.

4) Copper- Only commodity used in mostly all business activities, mainly used to make wires in the form of copper cathode (99.99%cu) demand is extremely high.

68 students from second year and third year of banking and insurance attended the session.

Activity In charge: Mr. Mahesh Kandalkar

Male: 22

Female:46

Total: 68

Name of the Department: Department of Banking and Insurance

Name of the Event: Video screening on Nationalisation of Banks in India on the occasion of Bank Nationalisation Day

Date: 19th July 2022

Time: 7.20 am to 2.00 pm

Venue: Class wise screening

Purpose of the Activity: The main purpose of the activity is to make the students in the campus aware about the importance of Day.

Name of the Department: Department of Banking and Insurance

Name of the Event: Inter Departmental video presentation competition

Date: 25th August, 2022

Time: 11.00 am

Venue: Auditorium

Purpose of the Activity: The Department of Banking and Insurance under the Bankers and Movers Club organised video presentation competition on 25th August, 2022
In the video presentation competition 16 groups and 8 individual participants participated in the competition. In all 24 videos were screened.

Activity In charge: Mrs. Sunita Sidhani

Total students present for the competition:

Males: 30

Females: 40

Name of the Department: Department of Banking and Insurance

Name of the Event: Investor Awareness Program

Collaborating Agency: Central Depository Services Limited and Krisha Foundation

Resource Person: Ms. Reshma Verma- officer, Investor Awareness Department, CDSL and Yuvrajsinh Desai – Trainer, Krisha Foundation

Date: 19th July 2022

Time: 10.30 am

Venue: Auditorium

Target Audience: SYBI and TYBI

The Department of Banking and Insurance organised a session on Investor Awareness Program – Basics of Investment and Depository services on the occasion of Bank Nationalisation Day. The session focused on the various financial services provided by CDSL and also the working of CDSL. The resource person also highlighted the working of Mutual funds and various types of Mutual funds and its process.

Activity In charge: Mrs. Renu Verma, Mrs. Ranjana Mhalgi and Mr. Mahesh Kandalkar

Male Beneficiaries: 56

Female Beneficiaries: 28

Total Beneficiaries: 84

Name of the Department: Department of Banking and Insurance

Name of the Event: First Year BI students Orientation Program

Date: 16th July 2022

Time: 10.30 am

Venue: Room no 405

Target Audience: FYBI

The Department of Banking and Insurance organised an Orientation Program on 16th July 2022 at 10.30 am for the students of FYBBI students to orient them regarding the course. The students were oriented by giving various information on the subject, activities conducted by the department and college, various committees in the college, placement and internship given by the college and various other facilities given by the college.
Our Principal Dr. Padmaja Arvind addressed the students and explained to them the importance of the course and what will be the takeaway by the students from the S.I.A college of Higher Education. Students from SYBBI and TYBBI also shared their experience.

Total Beneficiaries::38

Name of the Event: Counseling session for the students of SYBI and TYBI

Date: 29 Jun 2022,

The Department of Banking and Insurance organised a counseling session on 29th June 2022. The session as conducted by the college counselor Radhika Bhosale
Male Beneficiaries: 53
Female Beneficiaries: 21
Total Beneficiaries: 74

Activity Incharge: Mrs. Ranjana Mhalgi