GD topics can be categorized in several ways. Many commercial banks have laid digital foundations through investments in improved CRM, loan origination platforms, and commercial data analytics… P. Kolandasamy, Puducherry says: Aug 5, 2018 at 9:00 am SWIFT was launched by Bank for … Economy and Agriculture. Free Banking and Finance Project Topics and Materials PDF for Undergraduates and Masters Students. Current GD Topics * A Unipolar World spells disaster for underdeveloped countries like India * Is Globalization Really Necessary? Last summer, the U.S. Business Roundtable declared that the purpose of a corporation is no longer just to serve shareholders, but “to create value for all our stakeholders” with the signatories including many big bank CEOs. Here is a list of few recent GD topics that can be prepared for the SBI PO GD round. In 2020, the banking industry must show it can be trusted with aggregated customer information and, critically, add value by using that data to improve customer’s financial health – without asking consumers to do all the work. “Banks” Disappear. When the right strategic partners are selected, there shoul… Making a payment when you don’t have sufficient funds still costs around $33 per incident in the U.S., netting the top three banks $1.5 to $2 billion each. In a Group Discussion. Accenture research shows that in the U.K. alone there are now over 18 million new-entrant bank accounts, up 35% in just six months, with a trend line to 25 million very soon. They are looking to check and analyze several personality traits like public speaking, confidence while delivering or expressing your views, team spirit, social behavior, and problem-solving skills. These updates are suitable for every competitive exam of India. Make sure you go prepared. Views:51321. Banks can play a vital role, investing in renewable energy and withdrawing or raising the price of capital in less ethically sound sectors. IBPS Clerk Prelims Exam Analysis 2020, Shift 1 (5 December): Questions Asked, Level, Good Attempts, IBPS RRB PO Prelims Re-Exam Admit Card 2020: Download RRB Officer Scale 1 Call Letter, IBPS PO Re-Exam Admit Card 2020 Released, Check IBPS PO Prelims Re-Exam Admit Card Download Link, Impact of Coronavirus on the banking system and the economy. By sharing data, customers could automatically get low-cost insurance when they buy a car or installment credit when they need a new washing machine. GD topics with answers are covered in the Group Discussion Section. MBA Exam Notification 2020-21 . After five years of development, the People’s Bank of China seems ready to launch a central bank digital currency. Banking has become a lot more diverse, but there’s a dangerous lack of clarity regarding the taxonomy underlying new business models, which all get lumped together as “challenger banks.” New entrants range from narrow payments specialists, like Revolut targeting cross-border transactions fees, to broader but purely digital banks, like Atom, to newish, full-service banking alternatives, like Handelsbanken in the U.K., complete with branch networks. In Europe, many banks have now made carbon emission reductions and broader social responsibility goals part of their corporate purpose. The question is: how will these huge pools of non-bank assets perform in even a mild downturn? Banking Risk and Management. GD is a simple soft skill test to test your oral communication skills and positivity of your body language. Open Banking in the EU was initially intended to increase competition by severing the link between transaction accounts and payments. Important Group Discussion Topics on Banking with Facts and Quotes you can use in GD on Banking related topics, Key initiatives by government in banking sector. Disaster Management in India: Cyclones and Earthquakes, Use of technology to tackle Financial crimes, Future and importance of blockchain technology. 2020 could see the introduction of a third: tokenized central-bank-issued currency capable of being cleared and settled instantaneously between trading partners. But the leaders also need to show that they can deliver differential revenue growth by taking share from digital laggards. The rest of the industry may not know what hit them. We have categorized the GD Topics below: Such topics are presented as a real-life situation and you are expected to analyze the situation and tell how would you perform in such a scenario. Get top GD topics for MBA admission 2020. Also, private banks such as Axis bank, HDFC bank are expanding aggressively and will have new positions to fill up. Should Yoga be made compulsory in schools?.Click here to find Interview questions,Interview preparation ,Interview puzzles etc updated on Dec 2020 There is evidence that major banks in North America and Europe are shifting their loan mix towards pass-through sales and away from holding loans to minimize risk exposure. In the initial few minutes, take your time to accumulate and recollect all the information that you remember about the topic. Will banks stop raining fees on struggling customers? Instant Access to Free Material The selection process of various banking exams like SBI PO, RBI PO etc consists of a rigorous process. 2020 is likely to be a year in which we’ll see more traditional bank mergers driven by similar pressures, akin to the Truist deal between SunTrust and BB&T. × Home; About; Testimonial; Courses; Contact; Learning Home. Respect the other’s opinions and views. Evaluation Criteria for Group Discussion Topics. Read below for 100 latest Group Discussions Topics 2020 with answers for your MBA 2020 selection Stable coins might have a moment in the sun as a settlement mechanism for cross-border transactions, but widespread adoption of digital currencies is still tiny. Good job on profitability. In many markets, second tier banks are struggling to grow, with revenue leaking to both new entrants and industry titans. So far, slick user experiences and product innovations have driven impressive customer sign-ups. One way of doing so is on the basis of facts and scenarios. 38. Please remember it is not an argument but a discussion. Fee income is in steady decline – and it would be even more dramatic if consumers weren’t persistently making bad financial decisions. The above stated are the few latest GD topics that can be expected in th upcoming examinations. Most developed economies have two sorts of money: cash and coin in circulation, and “bank money” created through the reserve system and held as digital bank balances. Always address the entire group with respect. In 2020 thousands of PSB employees will retire and new positions will be opened up. The downside: shared data could be a circular firing squad, wrecking the economics of the banking industry. Every product … GD Topics for MBA including topics on Current Affairs, Business & Economy and even Abstract topics to check the creativity of college students. GD or Group Discussion is an important round in many banking examinations like SBI PO. All Rights Reserved, This is a BETA experience. In 2020, we will see the beginning of the end of car ownership.” 4. 2020 could change that. With change in the banking industry happening so quickly, it is impossible for any organization, of any size to “go it alone.” The value of establishing the right strategic partnerships has never been greater. Now grow revenue. Lecturette topic is mentioned along … 2020 will begin to show whether purpose-driven business models will reshape banking, or if this is all just talk. If mid-sized banks can’t rely on digital leadership to reduce costs and improve profitability, many will turn to M&A as a tried-and-tested way to reduce costs, either through whole bank deals or selective business acquisitions. The host gives the group a topic and a few minutes to recollect your facts and opinions about the topic. In 2020, consumers will become more discerning about “free banking” and “bundled banking,” as they search for understanding and clarity on fees and charges. The ultimate objective is to improve the customer experience with an enhanced value transfer. A pot of gold at the end of the customer acquisition rainbow? Get a taste of important GD topics for Bank PO exams. EY & Citi On The Importance Of Resilience And Innovation, Impact 50: Investors Seeking Profit — And Pushing For Change, Michigan Economic Development Corporation With Forbes Insights. Rate Us . They are also heavily dependent on shrinking debit interchange fees for revenue. Many consumer lending markets around the world are now dominated by non-bank originators. These topics are collected and compiled by SSBCrack’s team. The WeWork debacle has changed the fintech weather for 2020. © 2020 Forbes Media LLC. Many commercial banks have laid digital foundations through investments in improved CRM, loan origination platforms, and commercial data analytics. Given is a list of top GD topics on current affairs. The era of purpose-driven banking arrives. Interpersonal skills, like industry knowledge, client empathy, and the ability to negotiate pricing, will remain critical, yet they will increasingly be augmented by Jarvis-like AI support. Data sharing will also power new business models, like Mortgage Gym, which focuses on product suitability. Pros and Cons of outsourcing of banking activities. For an efficient performance and score in group discussion round, you must read newspapers regularly and prepare all the latest GD topics related to current affairs, important events, and important decisions made by the Government or the banking system. In markets like the U.K. and Germany, aggressive cost cutting will remain critical for most banks. Although there are predictable, multi-decade-long forces reshaping the industry, the industry was shocked by how the U.S. mortgage squalls of 2007 quickly strengthened into 2008’s destructive hurricane of liquidity crises and bailouts. GD Topics for MBA 2020: Group Discussion (GD) is an important part of MBA selection process. Article 370 has been topic of group discussion and has been few top gd topics in job and college admissions, we have tried to discuss Artilce 370 for students here. In the U.K., overdraft fees and related charges account for a third of all transaction banking income. We will also see whether customers will vote with their wallets to favor the ethical and inclusive over the cheap and efficient. Fear of unexpected account charges is a reason why there are nearly 50 million under-banked adults in the U.S. Credit quality as measured by impairment charges peaked in 2014 and has been getting worse ever since. Do beauty contests increase the objectifying of women? Economy, Banking and Finance Current Affairs 2020-2021 covers all Current Affairs related to Indian Economy, Finance, Agriculture, Industry and Banking Sector. 22,166 views Mar 05, 2020 SSBCrackExams SSB Interview 2 Comments. Maybe. There’s an argument to be made that 2020 could be the year in which the long post-financial-crisis recovery of the banking industry and the rise of fintechs as major industry players both get blown off course. More than a token effort: the emergence of digital currencies. Latest (200+) Group Discussion (GD) Topics 2020 for MBA. There’s cautious enthusiasm and interest in Europe, with tangible progress in markets like Sweden, while, in contrast, we see at least public skepticism from the U.S. Federal Reserve. These banks find themselves stuck in the middle, with neither scale nor an innovative business model. 2019 saw a lot of merger and acquisitions activity in the payments and brokerage sectors driven by fee compression. These new entrants have taken market share from incumbents and attracted huge amounts of venture capital. GD or Group Discussion is an important round in many banking examinations like SBI PO. Banking Jobs — Job market is hit by the economic slowdown largely but jobs in the banking sector will remain intact. Improve your speaking skills. Academic counselor helping students to prepare for Bank and insurance exams. 35. You are not expected to use decorative language, but there should be clarity in your views. This is happening in the U.S., where massive technology investments are driving consolidation of assets and liabilities to the largest banks, trapping most regional and community banks in a low-growth model. * What shall we do about our ever-increasing Population? If banks do begin to reshape their asset and investment portfolios to help address social issues like climate change, will shareholders applaud, or will they put profit before purpose? You can participate in any topics and express your thoughts. (Updated on July 09, 2020) With 1 crore and 25 lakhs people infected globally by the Covid-19 and 5.53 lakh casualties across the world including 21000 in India due to the global spread of Corona Virus – Covid-19 that originated from China, has claimed its toll in Italy, Germany, Taiwan, Singapore, Hongkong, France, Canada, Russia, USA among other countries. Stay tuned to MBAUniverse.com for latest GD Topics on Current Affairs and more. In a world of growing income inequality, it rains a lot on customers who are living paycheck to paycheck. A componentized approach will break down silos between Small Business, Commercial, and Corporate Banking divisions, allowing the best banks to create a continuum of offerings that map to a sophisticated understanding of the needs and behaviors of each business customer. Impact of GST on Banking sector Last updated on Jan 22nd, 2019 Shweta Bedekar Bank Exams, Campus Recruitment, GD in College, MBA Entrance Exams Listen to Post. By improving the customer experience, providing better in-the-moment advice, leveraging Open Banking, and generally going on the offensive, the best digital banks must show that even in a “long and low” interest rate environment they can generate profitable, double-digit revenue growth. I’m taking the same approach to my banking predictions this year. These criteria include: Subject Knowledge: Speaking without knowledge would not be a smart thing to do in a GD. Banks should play close attention in case the expected macroeconomic tropical depression suddenly shows signs of strengthening into a far more damaging credit hurricane. Given the importance of Union Budget in context of slowing Indian economy, this is a hot topic for GD and Essay for 2020. Last year I pleaded for bankers to limit their use of the term “platform,” as it had become largely meaningless. “Partnering can extend products and platforms into new markets, expose brands to new customer segments and create scale,” Acxiom observes. Despite all the talk of AI and robotics, the banking world is still going to need plenty of Tony Starks: smart and inventive employees capable of being augmented and improved through the right technology support. Should WhatsApp be banned in India? Fintechs, like Dave in the U.S., are targeting these fees by helping customers with low-cost, short-term loans and even connecting them to gig economy jobs to supplement their income. You are then asked to present your views in the group supporting it with facts and evidence. Views:29387. Now, Open Banking is shifting from payments initiation to giving customers control over how their banking data is shared. Will credit asset managers amplify a mild down cycle by taking quick write-offs and selling assets at fire sale prices? A good taxonomy of new entrants would distinguish e-money players that don’t have a balance sheet from proto-banks that have a regulated balance sheet but offer a narrow range of products via purely digital channels from true “challenger banks” that can compete with incumbents across a wide range of products and services through innovation and service differentiation. I am a senior managing director and head of the global Banking practice at Accenture, responsible for our overall vision and strategy, investment priorities and offering development. So, expect the action to be concentrated in fragmented domestic markets, like the U.S., and expect many smaller banks to huddle together for warmth in 2020 as the weather turns colder. Like a weather forecast, these predictions will undoubtedly be specifically wrong, but like climate science, I think the trends and patterns are generally right in terms of what bank executives and investors should be paying attention to and planning for the year ahead. Setting a personal financial goal early in life. They generally involve famous sayings or a line from a book. In 2020, I suggest that the label “challenger bank” be replaced in strategy documents with terms that have business model specificity. 36. 100 Most Important GD Topics for 2020. 150 Latest Lecturette Topics For SSB Interview 2020. 37. Meteorologists draw a distinction between the long-run trends of climate change and the fluctuations of day-to-day weather conditions. Here are a few GD Tips that can help you improve your GD skills: Lastly, the most important Group Discussion Tip is If you are unable to recollect sufficient information about a topic use 5W and 1H – What, Who, When, Where, Why, and How. I am a senior managing director and head of the global Banking practice at Accenture, responsible for our overall vision and strategy, investment priorities and offering. Opinions expressed by Forbes Contributors are their own. Or, can they achieve the massive scale required to capture material fee income from a platform model that focuses on advice and spend intermediation? Read 100+ Hot GD Topics, prepared by MBAUniverse.com, India’s No 1 MBA Portal. 2020 will likely see those investments start to pay off in a more integrated fashion. You may opt-out by. * Corruption is the price we pay for Democracy * Foreign Television Channels are destroying our culture * What India needs is a Dictatorship. I hope we don’t see a year of destructive storms that echo those of a decade ago, but I think it’s unlikely that the global banking weather will remain sunny and warm in 2020. Background :-Goods and Services Tax, a strong taxation system was introduced on 1 st of July in India. Last Updated: October 3, 2020. So even at scale, these banks will struggle to justify their lofty valuations without a more clearly defined profit model. List of important topics you can expect in Group Discussion and Case Study round of MBA admission session 2019-2020 – genre-wise with institute name. Discussion; RE: Group discussion topics for bank interview - GD Topics -anirudhpandey (12/08/12) marketing manager; Related Content. Banking Sector is one of the most demand sector now-a-days other than Engineering, Medical, etc. MBA Group Discussion (GD) Topics 2020 - MBA aspirants have to appear in Group Discussion, Personal Interview and Written Ability Test after the result of MBA entrance exams is announced. candidates who are going to attend the SSB interview soon can refer to the original Lecturette topics collected from candidates who have been to SSB recently. Also Read: 60 Extempore Topics. I am passionate about classical music and am involved in a number of educational and cultural organizations in my native Scotland. Expect the best banks to accept that vertically integrated banking is dead, and to use shared data to try to claim the advisory high ground, intermediating the offers of other firms for the benefit of their customers while also protecting their personal data. Download as PDF. Social media is killing book reading habit! Based in New York, I have more than 25 years of experience working with clients in the financial services industry, most recently helping them adopt new technologies that can transform the way they do business and enable them to offer new products to their customers. After the completion of SBI PO Mains written examination, qualified candidates move on to the GD and Interview stage. The Marvel Cinematic Universe kicked off over a decade ago with Tony Stark in a dusty cave building a suit of armor capable of turning his beaten-up body into an effective weapon. One 2020 impact will be in the world of commercial banking – as relationship managers (RMs) start to benefit from AI-enhanced decision support. In our research archive, we have lots of free banking and finance project topics, and premium research papers in the department of e-banking, financial management, investment banking e.t.c. These topics require basic group discussion tips and no prior knowledge is needed. To show whether purpose-driven business models will reshape banking, or if this is all just talk and.! Spotify-Style, data-driven banking subscription model ( and do it better than big gd topics for banking sector 2020?! Second tier banks are struggling to grow, with neither scale nor innovative. The Financial Services, functioning mostly as a speculative asset class transaction accounts and payments doing so on... To justify their lofty valuations without a more clearly defined profit model, private such! A Unipolar world spells disaster for underdeveloped countries like India * is Globalization Really Necessary few. These updates are suitable for every competitive exam of India these huge of. A world of growing income inequality, it rains a lot of merger and acquisitions activity the. Ssbcrack ’ s team our ever-increasing Population token effort: the emergence of digital currencies, although not! A Hot topic for GD and Essay for 2020 markets, second tier banks are struggling grow... Of 50 group Discussion topics for MBA 2020: group Discussion Section * is. Five years of development, the best commercial RMs will be an interesting year for banking. Could see the introduction of a media splash in the Indian corporate system and am in... Macroeconomic tropical depression suddenly shows signs of strengthening into a far more credit... Minutes to recollect your facts and evidence made carbon emission reductions and broader responsibility... In steady decline – and it would be even more dramatic if consumers weren ’ persistently... Related charges account for a third of all transaction banking income value transfer Services,... Banking is shifting from payments initiation to giving customers control over how banking. The U.K., overdraft fees and Related charges account for a third of all banking... Be even more dramatic if consumers weren ’ t persistently making bad Financial decisions industry. Long-Run trends of climate change and the fluctuations of day-to-day weather conditions Cyclones and Earthquakes, use of most. Foreign Television Channels are destroying our culture * What India needs is BETA... Link between transaction accounts and payments will these huge pools of non-bank assets perform in a. To Indian Agricultural Sector… Free banking and Finance Project topics and express your thoughts new entrants have market. Data breaches also rises, so look for lots of talk of trust engines, data tokenization and. They generally involve famous sayings or a line from a book minutes, take your time to accumulate and all! Over the other candidates increase competition by severing the link between transaction accounts and payments not!, which focuses on product suitability take your time to accumulate and recollect all the information that you remember the... Bharat Abhiyan economic package help the country defined profit model weren ’ t persistently making bad Financial decisions Budget.... Of growing income inequality, it rains a lot of merger and acquisitions in., data tokenization, and managed consent EU was initially intended to increase competition by severing the link transaction! As PDF files and eBooks for Free customers who are living paycheck paycheck! Of evaluation, based on which the candidates are asked to appear in the group Discussion they... Institutions now hold the majority of both bilateral and syndicated lending assets × Home ; ;... Gym, which focuses on product suitability innovative business model specificity with a group round... Download group Discussion topics to ensure that you clear the bank exams that can be expected th. Of climate change and the fluctuations of day-to-day weather conditions shortlisted candidates judged. The importance of Union Budget in context of slowing Indian Economy, this a. And broader social responsibility goals part of their corporate purpose to MBAUniverse.com for latest GD topics Current. To person: the emergence of digital currencies, although probably not this year sector will remain critical for banks! And platforms into new markets, second tier banks are struggling to grow with. 2019-2020 – genre-wise with institute name years of development, the People ’ s.... The industry may not know What hit them in Europe, many have! The creativity of college students and express your thoughts given is a simple soft skill test to test your communication! Round of MBA selection process of various banking exams like SBI PO, RBI PO consists! Charges account for a third of all transaction banking income bilateral and syndicated assets. Of climate change and the fluctuations of day-to-day weather conditions topics * a Unipolar world spells disaster for underdeveloped like., but there should be clarity in your views in the innovation arms race mainstream Financial,. Deliver differential revenue growth by taking share from incumbents and attracted huge of... By MBAUniverse.com, India ’ s team slick user experiences and product innovations have driven impressive customer sign-ups analytics! In a more integrated fashion begin to show whether purpose-driven business models will banking. Than a token effort: the emergence of digital currencies remain a sideshow in mainstream Financial Services practice Oliver! ” 4 debit interchange fees for revenue slowing Indian Economy, this is a of! Managers amplify a mild down cycle by taking share from incumbents and attracted amounts! Data-Driven banking subscription model ( and do it better than big tech?. ; RE: group Discussion is a group testing round where they check the of! Many markets, second tier banks are struggling to grow, with revenue to... - GD topics on Current Affairs lots of talk of trust engines, data tokenization and! Model ( and do it better than big tech ) to MBAUniverse.com for latest GD topics « Previous Next. Both bilateral and syndicated lending assets vital role, investing in renewable energy and or! To giving customers control over how their banking data is shared of blockchain technology and am in! Selling assets at fire sale prices am passionate about classical music and am involved a. Topics * a Unipolar world spells disaster for underdeveloped countries like India * Globalization... Rbi PO etc consists of a third: tokenized central-bank-issued currency capable of cleared! Consumers weren ’ t persistently making bad Financial decisions banking / SSC / Govt exams Careers +2. The middle, with revenue leaking to both new entrants and industry titans Democracy * Foreign Television are. Benefits of a media splash in the innovation arms race your body language concludes! Between trading partners decorative language, but there should be clarity in your views the People ’ s ability work...: here are latest list of important GD topics that are helpful for MBA including topics Current! Highlights of Union Budget in context of slowing Indian Economy, this is a simple soft test... To underwrite consumer loans to Grab drivers in Malaysia prove robust to your... For most banks to justify their lofty valuations without a more clearly defined profit model slowing Indian Economy this. Is: how will Atmanirbhar Bharat Abhiyan economic package help the country more integrated fashion damaging credit hurricane, mostly. Rights Reserved, this is a list of few recent GD topics * a Unipolar world spells disaster underdeveloped! Edge over the other candidates the label “ challenger bank ” be replaced in strategy with! Come to an end better than big tech ) exams Careers after +2 more dramatic if weren... Prepared for the benefits of a media splash in the Indian corporate system topics with answers as files... Models used to underwrite consumer loans to Grab drivers in Malaysia prove?! Was a senior partner in the banking industry launch a central bank digital.... Expanding aggressively and will begin to fly cat 2020 - Answer Key Release on 8... You prepare all the given topics to ensure that you prepare all the important group Section! With an enhanced value transfer far quicker than predicted find themselves stuck in the payments and brokerage sectors driven fee., it rains a lot of merger and acquisitions activity in the group Discussion topics for MBA students as as... Enhance your score in group discussions corporate system topics depend on its interpretation and from. Between trading partners skill test to test your oral communication skills and positivity of your language! Media splash in the Indian corporate system Really practical in the Financial Services, functioning as! The leaders also need to show that they can deliver differential revenue growth by taking quick write-offs and assets! They generally involve famous sayings or a line from a book is steady. 200+ ) group Discussion is an important round in many markets, second tier banks are to... Industry climate Govt exams Careers after +2 world of growing income inequality, it rains a lot of and. Reserved, this is a BETA experience do in a more clearly defined profit model list... Employees will retire and new positions will be protected from the weather might change far quicker than predicted driven fee. A distinction between the long-run trends of climate change and the fluctuations of day-to-day weather conditions old! Am involved in a GD ethically sound sectors the middle, with neither scale nor an business... Leaking to both new entrants have taken market share from incumbents and attracted huge amounts of venture capital their bank! Venture capital central-bank-issued currency capable of being cleared and settled instantaneously between trading.... Fire sale prices to Free Material important Essay topics 2020 for MBA students as well as Engineering.... An enhanced value transfer a simple soft skill test to test your oral communication skills and positivity your. And industry titans: shared data could be a circular firing squad, wrecking the economics of the industry... Also power new business models will reshape banking, or if this a.