The School for Corporate Governance (SCG) of the National Institute of Securities Markets (NISM) conducted anInteractive Session on Macroeconomicsfor Auditors of S R Batliboi & Companyat Mumbai on December 17, 2018.

Mr. M Krishnamoorthy, Member of Faculty & In-charge, NISM-SCG, welcomed the participants and requested them to take benefits out of the rich expertise and experience of the speaker.

The objective of the Session was to update the Auditors with the recent trends in the macroeconomic space, which would help them to better understand the business model and prospects of enterprises in India.

Mr. Madan Sabnavis, Chief Economist, CARE Ratings Ltd, spoke at length about the recent trends in the macroeconomic environment and its impact on business entities. Mr. Sabnavisshared his views on the likely movement of the major indicators such as inflation, interest rate & currency and their effect on capacity utilization and profitability of companies in India.

Ms. Archana Warti, Associate Director, S R Batliboi & Company, delivered the Vote of Thanks.