CENTER FOR BANK OF INDIA CHAIR IN RURAL BANKING

The Bank of India Chair in Rural Banking was established in 2005 in the University. The following is the summary of the work done by the chair.

UPDATING KNOWLEDGE AND INFORMATION

In order to update knowledge and information, the Chair organised 20 Lectures for the students on different topics and published 4 books. It conducted 4 seminars, prepared study material. The chair professor wrote 10 Booklets and 18 Paper and Articles.

FINANCIAL ASSISTANCE TO NEEDY STUDENTS

The Chair published a Book on financial assistance to needy students.

ENCOURAGING FOCUSED RESEARCH

The chair encouraged students to take up the topics of research which are focussed and to the point.

STUDY MATERIAL FOR STUDENTS

There is no dearth of literature on Banking and Finance. However, the literature is useful to the professionals or practicing bankers. The MBA/M.Com students find it difficult to prepare for their examination for Financial Management Papers. The chair, therefore, prepared Study Material on 35 important topics and made it available to the students.

SPECIALIZED COURSES

At present there are no Courses available on Banking and Finance at University/College level. Plenty of jobs are available for fresh graduates who have specialized knowledge in any of the areas of Finance. In this connection, two specialized Courses were introduced; one on Treasury/Forex Management and another on Banking and Finance.

The MBA/M.Com students and the students from other disciplines require a lot of support, guidance and help for varied purposes/activities. The nature of guidance includes selection of Project Work/Research Paper, data/statistics for study, information about the institution/ officials and reference to meet them, reports of various Committees, Career Prospects, job contents, so on and so forth. For that Propose the Chair established a Cell which was formally named as Career Guidance and Consultancy Cell.

ENTREPRENEURSHIP DEVELOPMENT

The Centre was inaugurated and one programme was conducted during 2006-07. The Chair has made efforts to establish a Training Centre for Entrepreneur Development at the University. For the year 2008-09, three programmes have been planned with the objective of covering 100 rural, poor students. It has already conducted Training Course on Cashew Processing & Marketing and the dates for Training Programme for Entrepreneurship Development have been finalized. It is also coordinating our training with Lok-Vikas Kendra at the university. The Centre is financially supported by Bank of India.

FINANCIAL EDUCATION PROGRAMME

In order to achieve inclusive growth, financial inclusion assumes the utmost importance, which in turn depends upon effective Financial Education.

To supplement the efforts of the Government/Reserve Bank of India in promoting Financial Literacy, it has established Financial Education Cell at Shivaji University, Kolhapur. Bank of India has given financial support of Rs.5.00 lakhs to the Programme and assured all the necessary help and guidance.The objective of the Cell is to impart financial education to students, teachers and staff at the University and poor people from the rural areas. The Programme includes the following activities.