DHARAMSHALA: The Department Of Finance, CTA concluded the first ever Officers’ Training for Tibetan Financial Service during a brief ceremony held at Tibetan Reception Centre on 31 January 2017.
Chief Guest of the Closing Ceremony was Kalon Karma Yeshi of Department of Finance and Mr Trinlay Gyatso, Secretary of Department of Finance.
The officers were trained for 51 days starting from 12 December 2016 till 31 January 2017. Mr Karma Yeshi, Paljor Kalon awarded the Training Completion Certificate certified by Indian Institute of banking and finance (IIBF) and Department of Finance to the trainees.
Dr Kunchok Tsundue, Chief Planning Officer in his introductory address highlighted the complete overview of the intensive training program. He said, “To setup a regulated financial institution in India, training in Banking and Financial literacy is the key to do so. Hence this training is the first and foremost step in realizing our goal with the trainers being experienced and professionals in various Financial Institutions”.
The training was conducted by IIBF, India’s premiere Institute in Banking and Finance Education with the trainers having experience of more than 40 years in Credit Banking. The trainees were further introduced to various products of different financial institutions like Kangra-Cooperative Bank, State Bank Of India, Nagarajan & Co, Basix, Bandhan Bank. Representatives of Tibetan sweater sellers of Faridabad, Sonipat, Gurgaon visited the training session and had Focus Group Discussion with the trainees discussing various in depth details on the Sweater Selling Business. At the end, the trainees, allocated in 3 groups, successfully submitted the Product Report on Retail, Agriculture and Education Loan as a part of the training program.”
Addressing the trainees, Kalon Karma Yeshi said that this was the first ever officers’ training for Tibetan Financial Services held by Dept of Finance, CTA in the exile history. “As I have previously mentioned you all not to be like an overturned vessel, vessel with hole and vessel with bad smell. I personally felt that you all have done wonderful task and in my conversation with the trainers, I am pretty much impressed. You all are readily qualified to have on hand experience in banking related jobs,” he remarked.
He stressed that the prime objective of setting up the Tibetan financial institution is to demonstrate the current Kashag’s commitment to three core principles of achieving the unity, self-reliance and innovation. “From the 15 trainees, six will be selected and those who are not selected, with the kind of expertise and knowledge you have gained, you can serve anywhere in Tibetan community as well as in Indian banks. I hence advocate you all to multiply the learned knowledge through this training to the Tibetan society at your own capacity and assist in improving the financial literacy in our society.”
In the conclusion speech, Dr Kunchok Tsundue expressed optimism on the success of the initiative and said that he was confident of a successful setup of the first ever Tibetan Financial Institution.