India’s economic growth has given rise to a growing consumer base with a stronger credit culture and an increasing understanding of financial products. On the corporate side, as Indian companies continue to grow, they are likely to require more services from the industry.
While only 35 per cent of the Indian population has bank accounts, the growing consumer base, favourable demographics and stable macroeconomic prospects are creating large growth opportunities for Indian financial services businesses. The opportunities today are acquiring further ground as the regulators debate a number of proposals, aimed at strengthening the Indian financial services sector.
To map what these opportunities mean for financial services businesses in India and to understand the road ahead for the sector, VCCircle will hold VCCircle Financial Services Summit 2013 on August 21 at Trident in Mumbai. The summit aims to cover the investment potential, opportunities and future outlook for the Indian financial services sector, as well as key sub-sectors.
The event will also focus on banking, NBFCs, transport finance, housing finance, microfinance, bottom of the pyramid, technology innovation and other emerging areas in India’s financial services industry.
The summit will also debate and discuss whether this decade will drive the next leg of growth for the Indian financial services industry, powered by policy reforms, new-age entrepreneurs and business models; Will financial services be the next focus area for big-ticket investments, M&As and private equity play? How will companies tackle business environment and regulatory challenges and prepare for growth? Which parts of the financial services story are most attractive and which parts are pulled back on account business environment and regulatory constraints?
The full-day summit will attempt to answer all these and more through a well-structured agenda. As with all our conferences, we will put together the most relevant speaker list representing CEOs of India’s top financial services businesses, institutional & private equity investors, M&A experts, bankers, legal experts and regulators.
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