As on 27th January 2022, Entrepreneurship Cell Department of ITM Business School organized a guest lecture on ``Financial Literacy-Key Concepts of Personal Finance’’. The guest speaker was,
Mr. Manohar Puranik (M.sc(mathematics)), has 40+ years of work experience in Banking industry with such big giants such as State Bank of India. For someone who used to spend almost every time in spreading financial literacy among high school/college students, teachers/faculties, workers and corporate employees through classroom and online sessions.
He is a retired senior manager of State Bank of India and having wide experience in the fields of Branch management, Credit analysis, international banking, small business finance, Housing and vehicle finance, Audit functions, Training etc.
Held overseas assignment of State Bank of India Los Angeles USA as credit officer.
Firstly, Mr. Manohar Puranik, discuss regarding some tips of saving money, some insights on how to do a smart investment, investment strategy, saving and investment option. He gave some very meaning full knowledge regarding investment in mutual funds through systematic investment plan (SIP). Further he talked about the things which a person should remember before borrowing any loan and a brief on kinds of loans available to individual.
At last, he concludes with sharing some knowledge on Insurance, types of Insurance and remedies for prevention from financial frauds.
It was an overwhelming experience for all students to listen to guest and gain ideas regarding financial instruments, tools and techniques.