{"id":2428,"date":"2014-08-05T10:42:13","date_gmt":"2014-08-05T14:42:13","guid":{"rendered":"https:\/\/questromworld.bu.edu\/studyabroad\/?p=2428"},"modified":"2022-10-11T20:08:27","modified_gmt":"2022-10-11T20:08:27","slug":"rbi-2","status":"publish","type":"post","link":"https:\/\/questromworld.bu.edu\/studyabroad\/2014\/08\/05\/rbi-2\/","title":{"rendered":"Reserve Bank of India – Fourth Week"},"content":{"rendered":"

\"DCIM100GOPRO\"<\/a>Week four had a slower feel due to the lack of a mid-week adventure for the whole team, but it was just as exciting as the others. While the beginning of the week was rather uneventful, we were lucky enough to have our first hands-on experience with the Indian wildlife on Wednesday without even leaving our office. It caught us by surprise \u2013 we originally mistook the squeaking in the wall as a sign that our air conditioning system was failing us, until we saw a head pop out. It was horrifying and humorous, and nobody was sure how to handle it. What we thought was a rat soon spread its wings, and as it left the comforts of the wall, we left the comforts of our office, confused and amused. It was a bat, and nobody knew what to do until a brave local managed to corner it, capture it, and release it back into the outside world. Everything was well again until another bat flew out of the wall while a maintenance team was trying to fix a leak in the room.<\/p>\n

\"DCIM100GOPRO\"<\/a>Other than Chris and Courtney conducting surveys and field work on Thursday, the team\u2019s first outing of the week occurred on Saturday with a visit to Symbiosis International University\u2019s School of Banking and Finance on the outskirts of Pune. Symbiosis was unique compared with the other universities in the area because of its very diverse student body with people from all around the world. During our visit, we observed many presentations from faculty members about their research on financial inclusion while many of the graduate students presented their field work on the issues of microfinance and financial inclusion. During the Q&A session, Vicki raised a question about whether or not India could adapt a similar system to Kenya\u2019s mobile banking system. To our surprise, a Kenyan graduate student at Symbiosis was in the audience. He got up and spoke about Kenya\u2019s system, mentioning how their decision to adopt mobile banking technology wasn\u2019t based on extensive research and collected data; instead, people asked the mobile companies for the technology, and they made it work. In his opinion, India has the capability to do this as well, and he said that people just needed to act on it and make it happen. In other words, his philosophy was best summarized with Nike\u2019s company
\nmotto:\u00a0Just Do It. Everyone in the room was very impressed with the way he spoke, and we were glad to hear his perspective on an issue relevant to financial inclusion in India. After the presentations, we were asked to come to the podium and speak about our own experiences in India and at RBI. We were asked about the differences and similarities between our homes, education, and life experiences, though as a member of the audience stated at the end, \u201cwe\u2019re all human.\u201d After all of this, we were treated \"DCIM100GOPRO\"to a fantastic lunch at the Symbiosis guest house on top of a mountain
\nwith fantastic views of the surrounding landscape.
\nAt this point in the trip, we are beginning to realize just how little time we have left. We hope to make the most of it by continuing to immerse ourselves into the Indian culture, and it\u2019s safe to say that we\u2019re all very excited for Thursday\u2019s visit to meet RBI\u2019s Deputy Governor and see the \"DCIM100GOPRO\"central offices in Mumbai.<\/p>\n","protected":false},"excerpt":{"rendered":"

Week four had a slower feel due to the lack of a mid-week adventure for the whole team, but it was just as exciting as the others. While the beginning of the week was rather uneventful, we were lucky enough to have our first hands-on experience with the Indian wildlife on Wednesday without even leaving […]<\/p>\n","protected":false},"author":1,"featured_media":5924,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_links_to":"","_links_to_target":""},"categories":[11,1],"tags":[50,55,58,78],"class_list":["post-2428","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-india","category-uncategorized","tag-finance-internship","tag-india","tag-internship-only","tag-rbi"],"yoast_head":"\nReserve Bank of India - Fourth Week - Questrom Study Abroad<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/questromworld.bu.edu\/studyabroad\/2014\/08\/05\/rbi-2\/\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:locale\" content=\"en_US\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:type\" content=\"article\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:title\" content=\"Reserve Bank of India - Fourth Week - Questrom Study Abroad\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:description\" content=\"Week four had a slower feel due to the lack of a mid-week adventure for the whole team, but it was just as exciting as the others. 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