Financial services is the back-bone of any modern economy and was also the prime cause for the global economic slowdown in 2008. While banks dominate the sector in India and continue to be riddled with bad loans, growth in capital markets has created various other participants such as NBFCs, gold loans firms, micro-lenders and more.
The government and the RBI have been conservative in opening up the sector following the spread of the global risk contagion. However, in the last two years several initiatives have been taken with the grant of licence for new private banks, proposed virtual on-tap banking licence for small and payments banks besides various financial inclusion moves. The authorities have also supported digital payment modes to facilitate the new economy.
All these have thrown a huge opportunity for entrepreneurs looking to set up new businesses as well as fresh growth enhancers for established players. Indeed, several firms have attracted private funding as part of the growth outlook in the sector. But there are questions such as how the market would adjust to new business models and if traditional banking would play second fiddle in the new economy going forward.
To answer all of this and much more, VCCircle is launching it’s the 3rd edition of VCCircle Financial Services Investment Summit on August 26 at Four Seasons Hotel, Mumbai.
The summit will focus on a range of topics covering different segments.
- The road ahead for Indian financial services industry
- Would digital or traditional banking lead the show?
- Opportunities for insurance sector given the thrust on FDI.
VCCircle Insights on:
a) How to integrate digital modules to reach out to over a billion people?
b) Consumer lending focused financial services businesses: mortgage companies, housing finance, personal loans, vehicle financing
c) Commercial lending focused financial services businesses: SMEs, infrastructure, food & agri lending
d) Reducing reliance on equity with integration of debt market and REITs.
e) Measuring the impact of MFs in benefiting the wider spectrum of the "unbanked"
The conference will host leading and emerging CEOs from banks, NBFCs, stock broking, insurance, advisory, wealth management, digital & mobile finance sector besides private equity investors, M&A experts, bankers, legal experts and regulators who are steering the financial space
Register Now or write to Kanika at register@vccircle.com / 0120-4171111.
For branding and sponsorship opportunities, write to nandini.a@vccircle.com
