
Role of Analytics in Banking by Mrs. Haimanti Biswas
On 22nd February 2025, Indus Business Academy had the privilege of hosting Mrs. Haimanti Biswas, an accomplished professional from HSBC Bank, for an insightful guest lecture on the role of analytics in banking, credit risk management, and essential skills for corporate success. The session provided an in-depth understanding of how data analytics is transforming the financial industry, particularly in credit risk assessment, marketing, portfolio management, fraud detection, and regulatory compliance.
Mrs. Biswas emphasized the importance of maintaining a continuous learning mindset in the corporate world. She encouraged students to stay curious and adaptable, ensuring they remain competitive in a dynamic professional landscape. She also stressed the significance of effective communication, particularly using simple and clear language to convey complex ideas. According to her, storytelling is a powerful tool in the corporate world, helping professionals present data and insights compellingly.
She highlighted how analytics is reshaping banking operations by enabling data-driven decision-making in credit risk management, customer acquisition, fraud detection, and operational efficiency. Big Data and Data Warehousing were introduced as pivotal tools that allow banks to process and analyze vast amounts of data in real time, ensuring timely and informed business strategies. Mrs. Biswas provided an overview of credit risk management, outlining its significance in corporate and retail banking. She elaborated on customer acquisition, portfolio management, fraud detection, and marketing strategies, emphasizing the role of analytics in enhancing profitability and compliance.
Her success mantras included continuous learning, effective communication, adaptability, storytelling, numerical acumen, and self-honesty. She also provided valuable insights into risk assessment, mitigation strategies, and customer-centric marketing. The session was an enriching experience, equipping students with practical industry knowledge and inspiring them to develop analytical skills for successful corporate careers.