The Finance Club, IMI New Delhi

11/04/2021

On April 7, 2021, the Reserve Bank of India (RBI) held interest rates unchanged and maintained an accommodative stance, citing the economy's renewed threat to growth as a result of the resurgence of coronavirus cases.

The Monetary Policy Committee (MPC) holds its economic growth forecast for the current fiscal year at 10.5 percent. The RBI also agreed to set up a committee that will study the workings of asset reconstruction companies (ARCs) to ensure that these organizations serve the financial sector in a better way.

Read our blog - "THE EDGE" to find out more!

The central bank’s macroeconomic policy is known as monetary policy. Monetary policy is a government-led demand-side economic strategy for achieving macroeconomic goals such as inflation, con…

05/04/2021

Financial technology is a term that has been garnering rapid followers over the past few years, yet FinTech is not a replacement for traditional banking services, but rather a result of the inevitable evolution of the banking space.

Initially, FinTech space faced multiple challenges like lack of trust due to security concerns, non-availability of physical branches, minimal awareness of financial products, and lack of proper infrastructure.
But with the shift in regulations to provide more support to NBFCs and incumbent FinTech players, it is only a matter of time to see how high the Fintech market will continue to grow and become a key catalyst in the expansion of financial inclusion.

Read our Blog- 𝑭𝒊𝒏𝒕𝒆𝒄𝒉 𝒊𝒏 𝑰𝒏𝒅𝒊𝒂, to find out-

FinTech, a combination of the words “finance” and “technology,” is a term that refers to any technology that seeks to enhance and automate the delivery of financial services in newer and faster ways …

28/03/2021

Privatization has been on the government's cards for quite some time. The Indian government has already merged some PSBs, bringing the count to 12 from 27 in 2017 and their aim is to reduce the number of nationalized banks to just four.
PSBs in which the government owns a majority stake dominate India's financial landscape, accounting for almost two-thirds of the total outstanding loans. In the past twelve years, more than $52 billion of the government's money have gone into keeping them afloat.

Read our blog - "THE EDGE" to find out more!

A little more than 51 years after prime minister Indira Gandhi nationalized the 14 largest banks, the current government aims to reduce it to just four. The government has been showing its crystal …

21/03/2021

Non-fungible Tokens are cryptocurrency assets that reflect some specific physical and virtual objects, such as real estate or digital art. NFT works in a similar way to a digital certificate of authenticity. It declares ownership of a digital artifact and uses blockchain technology to keep it secure.
What are the benefits of using NFTs?
Is NFT the next Crypto Bubble?

Read our blog - "THE EDGE" to find out more!

Collecting and investing in unique artworks of renowned artists has always been a preferred way for making alternative investments. In today’s virtual world, with the growth of blockchain technolog…

14/03/2021

GameStop's stock price started its meteoric rise to record highs on January 12, soaring past its low $15 share price in mid-December to a high of $467 per share at the time of writing.

This surge in valuation has made traders wealthy, but it hasn't been Wall Street suits that have profited from the more than 700 % increase in share price in just one week; instead, it has been amateur traders who have made millions.

What made the stock so volatile? How did amateur traders beat the wall street suits?

Read our blog - "THE EDGE" to find out more!

GameStop Corp., based in Grapevine, Texas, is a digital-first omnichannel retailer with over 5,000 stores and comprehensive e-Commerce properties across ten countries. GameStop provides the largest…

28/02/2021

"Creativity is inventing, experimenting, growing, taking risks, breaking rules, making mistakes and having fun." - Mary Lou Cook

FinCharades’21 was indeed a roller coaster ride for our participants. From a quiz in the preliminary round to battling it out in various stages in the final round with their creativity and quick thinking, they have been constantly challenged at each turn.

And now, with immense joy and pride, we declare the winners of FinCharades’21-
National Winners: Team Numero Uno, IIM Ranchi
National Runners Up: Team Invictus, SCMHRD Pune

We are thankful to every person who participated in this event and hope all the participants had a great time as well.

With this, we bring down the curtain on yet another successful edition of FinCharades



'21

28/02/2021

So, these are some of the happy faces🥳 and happy moments of 💥 FinCharades’21💥.

It was a fun-filled event with 10 teams competing in various rounds of guessing games with an interesting twist of finance where everyone had to put their knowledge, spontaneity, and creativity to test.

And now it's a wrap!

Wrap of yet another, insanely successful edition of FinCharades which witnessed immense love and enthusiasm from the participants and made it a memorable experience for all.




'21

26/02/2021

"We want to perceive ourselves as winners but successful traders are always focusing on their losses" -Peter Borish

Globus Feneratus’21 was indeed a roller coaster ride for our participants. From a quiz to fighting it out on the trading battlefield, they have been constantly challenged at each turn.

So without further ado, The Finance Club proudly announces the winners of Globus Feneratus'21

National Winners: Virtual Velocity, NMIMS Mumbai
National Runners Up: We Match, KJ SIM Mumbai

They have conquered all the hurdles and emerged victoriously. We would like to thank all the participants as well for making this event exciting and successful.

26/02/2021

Dealing with the stock exchange in its dynamic environment is a challenging task.

Globus Feneratus'21, an ode to the olden days where traders used shouting and hand signals to buy and sell shares allowed participants to experience the rush of this online trading session.

With such competitiveness and such zeal, the participants displayed an amazing show and with this, we mark the end of Globus Feneratus’21.

Thank you to each and everyone for your contribution and participation.

21/02/2021

Greetings from The Finance Club!

When we look at the fuel prices from a global perspective, other nations are getting back to pre-pandemic levels. Countries like the US, China, Brazil are paying the average cost in January which is around 5 % to 7% lower than last year's period while in India the prices are more than the last year by around 13%.

The petrol has already crossed the Rs 100 mark in some of the cities. What could be the remedy to this crisis? Should we start looking for other alternatives?

Read our blog - "THE EDGE" to find out more

When we hear news about prices going up for commodities, we prepare ourselves to deal with it either by reducing consumption of those particular commodities whose price increased or by few cost-cut…

17/02/2021

The Finance Club, IMI New Delhi is happy to announce the 𝐍𝐚𝐭𝐢𝐨𝐧𝐚𝐥 𝐅𝐢𝐧𝐚𝐥𝐢𝐬𝐭𝐬 𝐟𝐨𝐫 𝐅𝐢𝐧𝐂𝐡𝐚𝐫𝐚𝐝𝐞𝐬’𝟐𝟏

We received amazing participation from the best minds in the country and the top 10 were shortlisted for the next round.

We would like to congratulate the finalist who reached this stage and wish them good luck for the finals!!!

16/02/2021

After such enormous responses from the competitive spirits across the B-schools, The Finance Club, IMI New Delhi presents the finalists for the 𝐆𝐫𝐚𝐧𝐝 𝐅𝐢𝐧𝐚𝐥𝐞 𝐨𝐟 𝐆𝐥𝐨𝐛𝐮𝐬 𝐅𝐞𝐧𝐞𝐫𝐚𝐭𝐮𝐬'𝟐𝟏 to be held on 𝟐𝟔𝐭𝐡 𝐅𝐞𝐛𝐫𝐮𝐚𝐫𝐲 𝟐𝟎𝟐𝟏.

Good luck and see you in the Finals ✨