Prof. (Dr.) D N Panigrahi
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Social Work

Works with organisations that help poor students financially and academically

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Advising

Career Guidance, personal financial planning and retirement planning.

Qualifications

Ph.D. (Finance), MBA (Finance, FMS, Delhi), CFA and MS-Finance (ICFAI-India), CAIIB and DFS (Indian Institute of Banking and Finance, Mumbai), MSc. (Physics), Pursuing Fellowship in Actuarial Science from Institute of Actuaries India (IAI) and Institute and Faculty of Actuaries (IFOA), UK. 
 

Areas of Expertise

Corporate Finance, Financial Mathematics, Financial Statement Analysis, Commercial Bank Management, Investment Management, Personal Financial Planning and Wealth Management, Retirement Finance and Pensions, Actuarial Science.
 

D N Panigrahi

Profile & History

Prof. D. N. Panigrahi is currently working as a Professor in Finance and Bank Management with Goa Institute of Management (GIM). Prior to joining GIM, Prof. Panigrahi had worked with Institute of Management Technology, Nagpur (IMT-N) as an Associate Professor in Finance and Bank Management for 12 years from April 21, 2008 till February 11, 2020. He is an M.Sc. (Physics), MBA (Finance - FMS, Delhi University), CFA & MS-Finance (ICFAI-India), CAIIB & DFS from Indian Institute of Banking & Finance (IIBF), Mumbai. He has 17 years of teaching and research experience in Management and Banking and 21 years of industry experience as a Professional Bank Manager with two reputed PSU Banks. During his banking career he had worked in Delhi, Kolkata, Mumbai and Odisha with exposures in Retail Banking, Branch Banking Operations, MIS and Compliance, International Banking and Trade Finance, Credit Analysis, Appraisal and Management, Training and Development. His last posting in the bank was the Principal and Chief Faculty of the Bank’s Training College. He is also actively pursuing fellowship programme on Actuarial Science from Institute of Actuaries India (IAI) and Institute and Faculty of Actuaries (IFOA), UK. 
His current teaching and research interests include Corporate Finance, Investment Management, Personal Financial Planning & Wealth Management, Commercial Bank Management, Actuarial Science, Risk Management, Financial Literacy, Retirement Finance and Pensions.
 


Courses taught: Corporate Finance, Commercial Bank Management, Investment Management, Project Appraisal and Financing, Mergers and Acquisitions, Personal Financial Planning and Wealth Management.

Also Teaches:  Institute of Management Technology, Nagpur; XLRI, Jamshedpur; IIM, Raipur.


 

 

Research

Publications:

  • Panigrahi, D. N. (2014).  Health Insurance: Challenges and Opportunities in India. International Journal of Exclusive Management Research (IJEMR), 4 (6), 83-94, Bangalore, India. Archers & Elevators Publishing House, ISSN: 2249-8672; eISSN: 2249-2585. 
  • Panigrahi, D. N. (2014). Life Expectancy in India: Contributing Factors. International Journal of Innovative Research & Development (IJIRD), 3 (12), 249-253, Bilaspur, India. International Journal Corner, eISSN: 2278-0211. 
  • Panigrahi, D. N. (2014).  Reverse Mortgage Loan Products as Retirement Income Security Solutions for Indian Market-Features and Risks. International Journal of Innovative Research & Development (IJIRD), 5 (2), 239-246, Bilaspur, India. International Journal Corner, eISSN: 2278-0211.
  • Panigrahi, D. N. (2016). Time for Indian Banks to enter Commodity Derivatives Market? Journal of Treasury Management, Hyderabad, India. IUP Publication (A division of ICFAI Society), ISSN: 0972-513X, April–2016 Issue.
  • Panigrahi, D. N. (2016). Risks in Banking Business-A Brief Overview. Journal of Treasury Management, 9 (1), 44-51, Hyderabad, India. IUP Publication (A division of ICFAI Society), ISSN: 0972-513X.
  • Panigrahi, D. N. (2017). Personal Tax Planning & Investment Planning. Journal of Portfolio Organiser, XIV (6), 43-58, Hyderabad, India. IUP Publication (A division of ICFAI Society), ISSN: 0972-5113.
  • Panigrahi, D. N. (2018). Individual Client’s Financial Health Checkup: A Step by Step Guide for a Financial Planner. Journal of Portfolio Organiser, XV (1), 20-29, Hyderabad, India. IUP Publication (A division of ICFAI Society), ISSN: 0972-5113.
  • Panigrahi, D. N. (2018). Trade Credits for Imports: Buyers’ Credit and Suppliers’ Credit. Journal of Treasury Management, 8 (1), 38-46, Hyderabad, India. IUP Publication (A division of ICFAI Society),  ISSN: 0972-513X.
  • Panigrahi, D. N. (2018). Anatomy of the PNB-Nirav Modi Buyers’ Credit-LoU Scam & Lessons Learned. Journal of Treasury Management, 7 (1), 34-43, Hyderabad, India. IUP Publication (A division of ICFAI Society), ISSN: 0972-513X.
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  • Panigrahi, D. N. (2019). Financial literacy and retirement planning and preparedness: Evidence and Implications for Financial Education - An Empirical Study among the Organised Sector Employees (An abstract of the doctoral dissertation). Finance India (ABDC-C Category), Scopus Indexed, Vol. XXXIII No. 3, Greater NOIDA, India. Indian Institute of Finance, ISSN: 0970-3772.
  • Panigrahi, D. N. (2019). A Primer on Estate Planning: A Guide for the Client and the Financial Planner. Journal of Portfolio Organiser, XVI (4), 17-24, Hyderabad, India. IUP Publication (A division of ICFAI Society), ISSN: 0972-5113.
  • Panigrahi, D. N. (2020). Buying the right life insurance plan and estimating the life insurance need of an individual. Journal of Portfolio Organiser, XVII (2), 27-37, Hyderabad, India. IUP Publication (A division of ICFAI Society), ISSN: 0972-5113.
     

Articles:

  • Panigrahi, D. N. (2014). Global Product Design of Annuities and its Taxation. The Actuary India, VI (10), 24-27, Mumbai, India. The Magazine of Institute of Actuaries of India, October –2014 Issue. 
  • Panigrahi, D. N. (2015). NPS-Understanding the Tax Benefits and Disparities. The Actuary India, VII (12), 13-16, Mumbai, India. The Magazine of Institute of Actuaries of India, December –2015 Issue. 
  • Panigrahi, D. N. (2016). Understanding taxation of Mutual Funds. The Management Accountant, Kolkata, India. The Journal of Institute of Cost Accountants of India, Aril–2016 Issue. 
  • Panigrahi, D. N. (2017). International Banking Operations-A Primer. Journal of Treasury Management, 9 (1), 49 -57, Hyderabad, India. IUP Publication (A division of ICFAI Society), June–2017 Issue.
     

Peer-reviewed Business Cases:

  • Panigrahi, D. N. (2016). “A Banker’s Dilemma-How to Evaluate a Commercial and Industrial Loan Request.” ET Cases. Case Id: BFS-2-0006.
  • Panigrahi, D. N. (2016). “A Trainee Banker’s Dilemma-How to Appraise a Term Loan Proposal.”  The Case Centre. Case Id: 116-0042-1.  
  • Panigrahi, D. N. (2016).  “Estimating Retirement Corpus and Saving Rate-a Simple Deterministic Model for Retirement Planning.” The Case Centre. Case Id: 116-0044-1.
  • Panigrahi, D. N. (2016). “Individual Client’s Financial Health Check Up.”  The Case Centre. Case Id: 116-0045-1. 
  • Panigrahi, D. N. (2017). “Client’s Financial Goal Formulation, Asset Allocation and Estimation of Saving Rate.” The Case Centre. Case Id: 117-0048-1.
  • Panigrahi, D. N. (2018). “Estimating Client’s Life Insurance Need: How Much Life Insurance Cover is Adequate.” The Case Centre. Case Id: 118-0009-1.
  • Panigrahi, D. N. (2018). “Padhy Leather: Minimising Commercial Risk through a Letter of Credit.” IVEY Publishing. Case Id: 9B18N010. (Listed by HBR Case Studies, Product # W18331-PDF-ENG). 
  • Panigrahi, D. N. (2018). “TVM-Saving for Child’s College Fund.”  The Case Centre. Case Id: 118-0070-1.
  • Panigrahi, D. N. (2019). “Bharat Home Finance: How to Evaluate a Mortgage (Home) Loan Proposal.” The Case Centre. Case Id: 119-0038-1.  
     

Conferences:

  • Panigrahi, D. N. “SAVINGS BANK INTEREST RATE DEREGULATION: ISSUES AND CONCERNS FOR THE BANKS, THE DEPOSITORS AND THE ECONOMY.”  International Conference held at Gujarat Technological University, Ahmedabad, Gujarat, August 26-27, 2011.
  • Panigrahi, D. N. “Public Sector Banks should have three priorities – HRD, HRD and HRD” National Conference on. Emerging Trends in. Human Resource Management (NCETHRM) held at Institute of Management Technology, Nagpur, September 29-30, 2011.
  • Panigrahi, D. N. “Business Intelligence as a Relationship Marketing & Cross Selling Tools in Banks.” International Conference on Information Technology & Business Intelligence (ITBI) held at Hyderabad, November 25-27, 2011.
  • Panigrahi, D. N. “Retirement Planning & Preparedness among Employees.”  International Conference on Banking and Finance (ICBF) held at IBS-Hyderabad, Hyderabad, January 06-07, 2012.
  • Panigrahi, D. N.  “Health Insurance: Challenges and Opportunities in India.” The Annual Conference on Global Economy, Business and Finance (GEBF) held in Beijing, China, May 23-24, 2014.
  • Panigrahi, D. N. “Ageing & Longevity Risk: Role of Life Annuities in the Payout Phase of Private Pensions.”  International Seminar on “Institutional Excellence for Economic Growth” held at Utkal University, Bhubaneswar, January 28-29, 2018.
  • Panigrahi, D. N.  “Sustainable Pension Withdrawal Strategies (Optimal Retirement Spending Policy) in the presence of Longevity Risk.”  International Seminar on “Innovation & Entrepreneurship for Sustainable Development” held at Utkal University, Bhubaneswar, March 08-09, 2018.
  • Panigrahi, D. N.  “Longevity Risk Aversion and Sustainable Retirement Income Planning in a Low Return World.” International Seminar on “Skilling India: Need for Redefining Commerce Education in India” held at Utkal University, Bhubaneswar, June 28-29, 2018.
  • Panigrahi, D. N. “Longevity Risk Aversion and Sustainable Pension Withdrawal Strategies.”  International Conference on “Sustainability & Management Strategies” held at Institute of Management Technology, Nagpur, September 28-29, 2018.
  • Panigrahi, D. N. “External benchmark-based lending rates: Will it be effective in improving rate-cut transmission and loan-pricing transparency by banks?”  International Conference on “Sustainability & Management Strategies” held at Institute of Management Technology, Nagpur, September 27-28, 2019.
     

Project Works Guided:

  • Contributed as a project guide for Mr. Akshaya Kumar Panda, Chief Executive, Axis Bank Ltd., Hongkong on his MBA Project on “Credit Risk Management in Banks in India with special reference to IDBI Bank Ltd.” in February – 2011.
  • Contributed as a project guide for Mr. Melvin Joseph, Financial Planner, Mumbai on his MBA Project on “The evolution of mutual funds in India and its future as an investment option” in May – 2017.

Professional Development Activities/Seminars/Workshops Attended

  • Research Paper Development Workshop at Institute of Management Technology, Ghaziabad in December 2018 conducted by Prof. Ajai Gaur of Rutgers Business School, USA
  • Case Writing & Teaching Workshop at Institute of Management Technology, Nagpur in January 2019 conducted by Prof. V G Narayanan of Harvard Business School, USA
     

Experience

21 years Teaching and 17 Years Research