The PGDM–International Business Department of Jagan Institute of Management Studies (JIMS), Rohini organized an insightful guest lecture on 1st November 2025 for the students of batch 2025–27. The session was conducted by Mr. Utsav Goswami, National Business Manager – Trade & Forex at DCB Bank. With his expertise in banking, trade, and financial markets, he provided students with an in–depth understanding of the Reserve Bank of India (RBI) and its crucial role in maintaining monetary and financial stability.
The lecture began with an introduction to the history, vision, and core functions of the RBI, emphasizing its role in regulating the banking system, issuing currency, supervising financial institutions, and ensuring economic discipline. Students gained clarity on how the RBI safeguards the stability and efficiency of India's financial structure.
During the session, Mr. Goswami explained the Monetary Policy tools used by the RBI, including the Repo Rate, Reverse Repo Rate, CRR, SLR, and Open Market Operations. He illustrated how these policy instruments help control inflation, manage liquidity, and regulate the flow of credit within the economy through real–world examples.
The discussion also covered India's digital financial ecosystem and initiatives such as Jan-Dhan Yojana, RuPay cards, and UPI, which together have enhanced financial inclusion by making banking accessible and seamless. The introduction of the Digital Rupee (CBDC) was highlighted as a major step towards modernization of the financial system, ensuring secure, efficient, and transparent transactions.
Students also learned about the RBI’s regulatory functions, including its role in governing commercial banks, NBFCs, and payment service providers, while ensuring fraud prevention, financial stability, and consumer protection.
The session concluded with an engaging Q&A round where students explored macroeconomic trends, global monetary systems, and career opportunities in banking, forex, and financial markets.
Key Takeaways:
- Monetary Policy & Economic Stability – Understanding repo rate, liquidity control tools, and inflation management.
- Regulatory Role of RBI – Ensuring trust, transparency, and discipline in India’s financial institutions.
- Digital Financial Ecosystem – UPI, digital banking, and CBDC contributing to a modern, inclusive economy.
- Career Insights – Awareness of career pathways in banking, regulatory finance, forex, and fintech.
The JIMS fraternity extends sincere gratitude to Mr. Utsav Goswami for his valuable insights, practical knowledge, and guidance. The session enriched students with a comprehensive understanding of India's financial and monetary framework and the pivotal role of the RBI in shaping economic progress.