Mr. George Panakal
Solutions Consultant, TIS
TOPSIM - Banking Simulation Program for Senior Managers at Union Bank of India aimed at providing insights into the working of banking industry. Participants from across different offices of Union Bank of India were invited to attend this extensive session. This involved providing them a complete overview of complexities involved in running a banking business at the same time focused on issues involving human capital and various micro as well as macro economic factors affecting the industry.
During the course of workshop, participants were divided into groups, each heading competitive virtual banks in an experiential and interactive simulation scenario. The goal of each bank in the light of changes made in the simulated environment was to achieve maximum profitability through a series of complex strategic and tactical interrelated decisions.
The 2 – day session was organized at the Union Bank of India facility at Bangalore where lead facilitators and banking experts from TOPSIM as well as iInteract delivered thorough working knowledge pertaining to the banking industry to the UBI senior executives.
Union Bank of India is one of the premier banks with a network of over 3000 branches and offices in India and abroad. It has shown uninterrupted profit during all 90 years of its operations. Union Bank of India has been playing a very proactive role in the economic growth of India and it extends credit for the requirements of different sectors of economy. Industries, exports, trading, agriculture, infrastructure and the individual segments are sectors in which the bank has deployed credit to spur economic growth and to earn from a well diversified portfolio of assets.
Behind all these achievements is a dedicated team of staff, which is truly cosmopolitan in its composition. Many generations of members of staff have contributed in building up the strong edifice of the Bank. The present team members of staff distinguishes itself with its customer centricity, willingness to learn and adherence to values enabling us to be recognised as a caring organisation where people enjoy their work and relationship with customers.
