CEO Round Table Discussion - Challenges & Opportunities of NBFC: An Emerging Alternative to Mainstream Banking at 1st NBFC100 Tech Summit 2017

Panel Discussion – CEO Round Table Discussion – Challenges & Opportunities of NBFC: An Emerging Alternative to Mainstream Banking at 1st NBFC100 Tech Summit 2017

About:
The Indian financial sector is rapidly growing with the changing economy and diversifying needs. A pivotal part of the segment catering to several financial services is handled by Non-Banking Financial Companies (NBFCs).
In India, NBFCs geared up their operations in the 1960s and in the recent times, they have emerged as substantial contributors to the Indian economy’s growth by supplementing the effort of banks and other financial institutions. In developing economies like India where 70 per cent of the population resides in rural areas, NBFCs have a greater role to play.
Extending the role of financial institutions further, on 19 August 2015, the Reserve Bank of India (RBI) kicked off some transformative changes in the financial system of the country by giving licenses to 10 small financial banks. The main aim of this initiative was to bring the unbanked section of the society under the periphery of the formal banking system.
Highlighting the significance of NBFCs and small finance banks, Elets Technomedia Pvt Ltd is organising “NBFC100 Tech Summit” on October 12th at ITC Grand Central, Mumbai. The summit will weave around 100 NBFCs, Small Finance and Payments Bank.
Speakers:
Moderator: R Baskar Babu, Managing Director and CEO, Suryoday Small Finance Bank
Meenal Patole, Managing Director and CEO, AGORA Microfinance India Limited
K M Viswanathan, Managing Director and CEO, M Power Microfinance Pvt. Ltd.
Hemant B Songadkar, Managing Director and CEO, Nabsamruddhi Finance Ltd.
Arvind Sonmale, MD & CEO, Sustainable Agro-commercial Finance Ltd.
Sandeep Wirkhare, Executive Director and CEO, Essel Business Loans, Essel Finance
Ashok Bajaj, Manging Director and CFO, Insta Capital Pvt. Ltd.
Sanjay Sharma, Co-Founder and Managing Director, Aye Finance
Jayanta Majumdar, Managing Director, Jagaran Microfin Pvt. Ltd.
S. Dwivedi, Chief Executive Officer, NABKISAN Finance Ltd.
D S Tripathi, Chief Executive Officer, Aadhar Housing Finance Pvt. Ltd
Anujeet Varadkar, Chief Executive Officer, Svatantra Microfin Private Limited
Prabhat Chaturvedi, Chief Executive Officer, Infinity FinCorp
Yeshwant Aher, Chief Executive Officer, Anik Financial Services Private Limited
Manish Bachhawat, Chief Executive Officer, NM Financiers Pvt Ltd
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