Rupeeance (Centre for Banking, Finance & Insurance (CBFI))

The Center for Banking, Finance and Insurance is an initiative of finance students of AICAR Business School. The objective of CBFI was to make all the students and faculty’s financial aware and provide them basic knowledge of financial planning. CBFI organizes an intra-collegiate event called “AIFIN”. AIFIN is one-day event where in students from AICAR are required to present a report and presentation on any topic of their interest in finance. Based on the report the students are short listed for the presentation and they are evaluated by finance professionals from the industry on the event day.

The students are also required to conduct research work and prepare projects under CBFI. For instance last year the students conducted a survey across Mumbai on financial inclusion and collected around 100 samples from the low income group. The objective of the research was to understand the accessibility of financial instruments to low-income group. The report and the analysis of the survey where presented to Mr. Tony Fernandes Regional Head for Credit Programmes, CORDAID Microfinance, Netherlands.