6th Biennial International Conference 2022

Conference Brochure

About the College

Sri Guru Gobind Singh College of Commerce, founded in 1984 as the second commerce college in the University of Delhi, India has emerged as a premier institute specializing in Commerce, Economics, Business Studies, and Computer Science, It has been accredited with an 'A' grade by National Assessment and Accreditation Council.

The College aspires to develop future leaders in business, government, and academia by offering excellence in education and imparting training, To achieve this pursuit, it organises Seminars, Conferences, Workshops, and Faculty Development Programmes which help in developing analytical rigour, quantitative techniques, and related communication skills, Further, in order to promote empirical research, it publishes an annual peer-reviewed research journal, 'Journal of Business Thought,' indexed by JGate and i-Scholar.

To keep abreast of the recent developments, the College organises Biennial Conferences and Conventions, In recent past, a number of noted luminaries, economists, academicians, researchers, journalists, and political leaders have graced the occasion with their presence and shared their valuable insights, In March 2020 , the College successfully organised its 5th Biennial Conference in association with Sydney Business School, University of Wollongong, Australia on the contemporary issue, 'Ensuring a Sustainable Future¦ Role of Entrepreneurship, Innovation in Management Practices, and Circular Economy,’ Our college organised its 5th Biennial Convention in April’21 on 'The Financial Ecosystem; Disruptions and the Way Forward. Buoyed by the success and enthusiastic response of the previous conferences and conventions, the College will be organizing its 6th Biennial Conference in March’22 on 'The Financial Ecosystem; Disruptions and the Way Forward.

About the Department

Department of Commerce, University of Delhi, formally set up as independent entity in 1967, has imbibed the Delhi School of Economics tradition of exploring new frontiers of knowledge and innovation in academics. In its history spanning over three decades, it has redefined Commerce education in the country. The Department has the legitimate claim and pride of being the premier department in India for course curriculum development, teaching and research in Commerce discipline. The rapid growth of the Department of Commerce is reflected in its expansion as well as novelty in its academic programmes. In addition to the traditional M. Phil., Ph.D., and flagship M.Com. Programme, it offers two master degree level professional programmes - MBA (IB) & MBA (HRD).

About the Conference

Financial Markets have become integral to the survival, strength and sustainability of economic well-being of a nation. Financial Deepening and Innovation have become the precursors of a strong and viable economic structure. Digitisation of the financial system and its components has certainly led to widening its scope and accessibility and has also contributed to further challenges of risk and reliability. Over the past few years, the Indian financial ecosystem is witnessing a trial of perception and trust. Adding to the woes of this system, the global disruption in the garb of COVID-19 has brought all the banks, NBFCs and debt capital markets under pressure of sustenance vs. performance.

The financial landscape has reformed and broadened in terms of scope and prospects with the advent of Decentralised Finance (DeFi) which aims to dis-intermediate traditional financial institutions using blockchains and cryptocurrencies. Blockchains are used in DeFi to create ‘smart contracts’, which are automated, enforceable agreements that don’t need intermediaries such as banks. Nevertheless, DeFi is still nascent, freewheeling and largely unregulated. The pertinent question to ask is if such new financial novelties abide by or go against the principles of sustainable Finance? Is there a way to ensure that these self-driving banks empower individuals, entrepreneurs, and businesses with the tools they need to create a level-playing field and to participate in the value they create?

Stock markets, which are the life-lines of the financial and economic structure of any economy, are baffled by high volatilities of foreign investors; real estate upheavals and increasing gold demand trends, especially during pandemic. Indian stock market Sensex is reaching new heights. A deeper understanding of contemporary and historical events are hinting at a stock market bubble. With unchecked animal spirits and historic valuations, what are the key lessons for an investor?

Correspondingly, the nexus between finance, technology and sustainability has gained phenomenal thrust since the 2008 Global Financial Crisis (GFC) and has urged all the countries to re-work the traditionally deployed models by integrating the FinTech revolution to bridge the digital divide, and promote equitable and broad-based customer participation. The rapid and transformational changes brought on by FinTech need to be monitored and evaluated so that the regulators and society can keep up with the underlying technological and entrepreneurial flux.

The spectrum of Banking services and activities has widened and needs to be understood in terms of its business, risk and performance. Similarly, the monetary management has become increasingly challenging with the advent of virtual currencies and digital transformation. It has proven to be a rough path, with constantly evolving demands of the modern consumer and increasing disruption from rapidly emerging financial technologies, traditional banks are under more pressure than ever to adapt and innovate. Banks have to reinvent and veer away from their old approach; invest in these disruptive technologies along with drafting better dimensions and solutions to the age-old problems of growing NPAs; and adverse selection and moral hazard.

The UN System’s 2020 Financing for Sustainable Development Report considers mobilizing financing as a key player in implementing the 2030 Agenda for Sustainable Development. Building an enabling business environment and inclusive financial landscape represent solid foundations supporting the financing strategies needed to achieve the SDGs.

Aforementioned developments and upcoming disruptive technologies have exacerbated the pre-existing fault lines and may have caused the emergence of new ones. As we look into the future, economies, financial institutions and businesses world over, do see a changing ecosystem. They need to rethink their crisis response to be able to turn any disruption to their advantage. Putting people and the planet back at the heart of our economic, financial and business models, thus, provides a unique prospect towards the post-pandemic reconstruction.

Advisory Committee

"Comming Soon"

Scientific Committee

"Comming Soon"

Conference Brochure

Areas of Interest

The scientific and organizing committee welcome submissions in all areas of Finance, Economics and Banking centred around, but not limited to the above conference theme. Interdisciplinary papers are also welcome besides the following thrust areas:

1. Decentralised Finance (DeFi) and Virtual Currency-An Emerging Drift to the Global Financial System

  • Defi; Block Chains: A threat to monetary management
  • Virtual Currency and Global Financial transformation
  • Blockchains and Virtual Financial System: Scope and Challenges
  • Is Indian financial system ready for Defi: Risks and challenges
  • DeFi: The future of Global Financial System

2. The Stock Market Bubble

  • Stock Market volatility during pandemic and the emerging business cycles
  • Stock Market fluctuations: A threat to stable economic growth
  • The Stock Market and the Gold Prices: Connect or Disconnect
  • Is there a Bubble in Stock Markets? Arguments in Favour and Against
  • Efficient Market Theory: A Myth in the wake of Stock Price Bubble
  • Stock market sensitivity to Real Estate markets booms and bust: Lessons from GFC and China’s Evergrande storm

3. The Financial Technology (FinTech) Revolution- Enabling the Transformation

  • The FinTech Industry in developing countries: A Revolution underway?
  • Inclusivity & Sustainability Challenges posed by FinTech
  • Security, Privacy and Regulation in FinTech
  • Future of FinTech in India
  • Technological Innovation in Finance
  • FinTech development to support the SDGs in developing countries.

4. Sustainable Finance: From Niche to Mainstream

  • Current Trends, Models in sustainable finance and their benefits for sustainable development
  • Sustainable Finance Products: The Way Forward
  • Opportunities, Challenges and Enabling Conditions for Sustainable Finance in Developing countries
  • Scenarios for financing sustainable development in developing countries for achieving SDGs
  • ESG Standards in Finance: Risks & Opportunities
  • Sustainable Entrepreneurship, Investment and Economic Growth

5. Banking & NBF Institutions and the Macroeconomy

  • Role of Banking & Insurance sector during Turbulent Times
  • Digital Finance & Payments: Scope & Challenges
  • Amplification of Alternative financial services- P2P Lending, Crowdfunding, etc.
  • Digitization and Operational risk: Cause of growing NPAs
  • Banking risks: A challenge to Monetary Management
  • Adverse Selection and Moral Hazard: Cause of growing NPAs5.7 Insolvency and Bankruptcy Codes: From Act to Implementation 5.8 Redefining Banking Models to support digital finance and payments

6. Pandemic, Economic Recovery and The Way Ahead

  • Digitization and the financial breakthrough during Pandemic
  • Technology and Social Welfare Finance during Covid-19
  • International Business Environment & Policy during crisis
  • Innovation & Resilience among Businesses Post Covid-19
  • Disinvestment as the key to financial development or Crony Capitalism
  • Financial Innovation and the scope of Monetary Policy during pandemic
  • Economic Recovery and the financial investment sentiments

Paper Submission Guidelines

Participants

The Conference is open to all. We will be especially looking forward to submissions from authors from within academia or corporates, connected to the sphere of Finance, Business & Management. However, we encourage young and independent scholars to apply as well.

NOTE: Individual Registration is compulsory for all the authors/ co-authors to obtain the certificate of presentation.

Submission Guidelines

1. The first page of the manuscript should include the title page containing thetitle of the paper, author’s details [name(s), affiliation(s) and contact details].

2. The second page should contain the title of the paper followed by the abstract and keywords.

3. The abstract should not be more than 200 words.

4. The full paper is expected to be between 5000-8000 words.

5. All submissions should be in word format with font – 12 point, Times New Roman (except the title of the paper, which should be 14 point), line spacing 1.5, with 1 inch margin on all sides.

6. The references should be in latest APA format.

7. The submission of research papers should be the original work of the authors and it should not be under consideration for publication elsewhere.Authors should give an undertaking that the paper being submitted has not been published in any journal or presented in any otherConference/Seminar/Symposium or submitted for consideration of any award.

8. The paper should include Cover, Abstract, Introduction, Problem Statement, Limitations, Literature Review, Methodology, Body of the paper, Conclusions, Bibliography, Appendices and a Plagiarism Report from either Turnitin or Urkund and plagiarism should not be more than 10%.

9. All queries related to the submission can be communicated to conference2022@sggscc.ac.in

10. Submission must be done using the Submit Paper tab given on the conference web-page only. Paper submitted through mail will not be accepted.

Best Paper Award

The best paper award (including certificate) will be given to the authors from each track for his/her work of ingenuity, importance, and quality research as adjudged by the Conference Committee. To compete for the best paper award, submission of a full paper is mandatory.

Submit Paper

Submit Paper

Publication Opportunities

Select papers will be published in the following journals subject to terms and conditions of the journals individually:

  1. Advances in Decision Sciences (Scopus: In consultation with the -Aviral Kumar Tiwari -Co-Editors-in-Chief)
  2. Prague Economic Papers (ABDC-C & Scopus: In consultation with the Co-Editor -Aviral Kumar Tiwari and Editor-in-Chief)
  3. Journal of Sustainable Finance and Investment (Scopus & ABS: In consultation with the Associate Editor -Aviral Kumar Tiwari and Editor-in-Chief)
  4. APFM (ABDC-C & Scopus: In consultation with the Associate Editor -Aviral Kumar Tiwari and Editor-in-Chief)
  5. IJEPEE (ABDC-C & Scopus: In consultation with the Associate Editor -Aviral Kumar Tiwari and Editor-in-Chief)
  6. Indian Journal of Finance (SCOPUS and UGC-Care listed)

Papers, selected for publication, must mention in the cover letter that the paper was presented in this conference and has been revised based on the comments received during the presentation. Also papers must adhere to the guidelines (including publication or submission fees/Article Processing Charges as the case may be) of respective journals in which they will be selected for evaluation and possible publication. Selection for presentation in the Conference or further sending out for review means no Guarantee for publications.

6th BIENNIAL INTERNATIONAL CONFERENCE 2022

March 10 & 11, 2022

Sri Guru Gobind Singh College of Commerce, in association with Department of Commerce, University of Delhi, organized 6 th Biennial International Conference on March 10 and 11, 2022 in hybrid mode. The conference themed ‘Financial Ecosystem: Disruptions and the Way Forward’ saw the participation of distinguished academicians, scholars, researchers and experts from across the world. Prof. Kawal Gill, Conference Coordinator in her inaugural note delineated how disruptive innovations like Financial Technology (FinTech) and Decentralized Finance (DeFi) are revolutionizing the global financial landscape forcing the traditional firms to review their outdated paradigms.

Prof. Nirvikar Singh, Distinguished Professor of Economics, University of California in his plenary address lauded the promise of financial inclusion that FinTech holds out, yet he cautioned about the concomitant threat of illegal transactions and monetary instability. Ms. Anita Patnaik, General Manager, Department of Payments & Settlement Systems (DPSS), Reserve Bank of India, explained how digital disruption has helped to iron out information asymmetry ensuring greater transparency and personalized user-interface.

The principal of the college, Dr Jatinder Bir Singh, extended gratitude to the participants and asserted that humans have the capability to adapt to technology but it is important to put it to efficient use. Prof. Amit Kumar Singh, Conference Coordinator & Professor, Department of Commerce, University of Delhi hailed the institutional collaboration between university and the college for the insightful conference.

Prof. R. K. Singh, Head and Dean, Department of Commerce, University of Delhi in his opening remarks suggested that if this new ecosystem leads to better digital inclusivity, it also widens the digital divide. Prof. Singh pointed out the devastating possibilities of our over-dependence on technological disruptions as it increases our vulnerability rather than efficiency. Prof. Manmohan Lal Agarwal, Adjunct Senior Fellow in Research and Information Systems in Developing Countries, the keynote speaker of the event, discussed how international and domestic financial systems have evolved over last few decades. The chief guest for the conference, Prof. Furqan Qamar, Professor of Management, Centre for Management Studies, JMI, enunciated that it is human to find certainty in a chaotic world, hence we constantly disrupt.

After the inaugural session, eight parallel plenary sessions- spread across two days- witnessed presentation of over forty research papers by scholars. The sessions explored the multi-disciplinary dimensions of Banking & NBF; The Financial Technology (FinTech) Revolution; Decentralised Finance (DeFi) And Virtual Currency; The Stock Market Basics; Sustainable Finance; The Stock Market Bubble; and Pandemic and Economic Recovery. Each session was chaired by eminent scholars and esteemed faculty members of universities from across the country and abroad. The conference papers will be published in six international journals of high repute.

In the valedictory session, chief guest Prof. V. K. Shrotryia, DSE, University of Delhi, succinctly summed up the key observations and concerns about symbiotic relationship of technology and finance. Best paper awards for each session adjudged by session chairs were announced. A vote of thanks was extended to all the participants and the banking partner for the event, Punjab and Sind Bank.

Registration

Registration Fee (Non-refundable)

For Paper Presenters only
  Indian Delegates Overseas Delegates
Faculty/Research scholar 1000 INR 100 USD
Industrialist/Corporate 2500 INR 100 USD
Postgraduate/Graduate students 500 INR 100 USD
For Participation only (without presentation)
  No registration Fee  

In case of a co-authored paper, registration by at-least one author is mandatory. Remaining co-authors will be awarded the Certificate of Presentation only upon registration and payment of fees separately from the presenting author.

The above applies to authors making multiple paper submissions as well.

Important Dates

Details Date
Call for Papers 22 November 2021 (Monday)
Full-length Paper Submission 17 January 2022 (Monday)
Revised Submission if applicable 24 January 2022 (Monday)
Notification of Acceptance 14 February 2022 (Monday)
Registration Opens 16 February 2022 (Wednesday)
Registration Closes 28 February 2022 (Monday)
Conference Dates 10 - 11 March 2022 (Thursday & Friday)

Organising Committee

Patrons

Dr. Jatinder Bir Singh

Principal, Sri Guru Gobind Singh College of Commerce, University of Delhi


Prof. R. K. Singh

Head, Department of Commerce & Dean, Faculty of Commerce and Business Delhi School of Economics, University of Delhi


Core Committee


Sri Guru Gobind Singh College of Commerce, University of Delhi


Prof. Kawal Gill

Coordinator, International Conference


Mr. Vaibhav Puri

Assistant Professor, Economics


Ms. Ushveen Kaur

Assistant Professor, Computer Science


Dr. Gurleen Kaur

Assistant Professor, Economics


Dr. Jappanjyot Kaur

Assistant Professor, Commerce

Department of Commerce Faculty of Commerce & Business DSE, University of Delhi


Prof. Amit Kumar Singh

Coordinator, International Conference


Prof. H. K. Dangi

Advisor, International Conference


Prof. Urvashi Sharma

Advisor, International Conference