15th Annual Banking Summit
“Structural Reforms in MSME Funding”

06 March, 2020 , Mumbai

About Event  | Brochure | Registration Form

Chief Guest
Shri Shaktikanta Das
Hon’ble Governor, Reserve Bank of India
 
The Associated Chambers of Commerce and Industry of India (ASSOCHAM) has been conducting an Annual Banking Summit with the objective of bringing together various stakeholders to deliberate new opportunities and radical ways. These discussions help in creating an enabling environment which encompasses new approaches and innovations carried out by the financial industries. This year we have planned the Summit on the theme ‘Structural Reforms in MSME Funding’.
 
The size of the Indian economy is currently around $2.8 trillion. This means the Indian economy needs to almost double in size in the next 5 years to realise the target of reaching the $5 trillion mark. Achieving the vision of becoming a $5 trillion economy requires India to focus on innovations and governance structures in the banking system. With financial services contributing ~7% to the Indian GDP, a strengthened banking sector has the potential to contribute directly and indirectly to GDP, increase job creation and enhance median income. FinTech has also seen huge developments in the past few years, impacting varied industries and the common people in multiple ways.
 
Another sector that will play a key role in achieving the target of $5 trillion economy is the MSME sector. MSME sector has emerged as a highly vibrant and dynamic sector of the Indian economy over the last five decades. MSMEs not only play a crucial role in providing large employment opportunities at comparatively lower capital cost than large industries, but also help in industrialization of rural & backward areas, thereby, reducing regional imbalances, assuring more equitable distribution of national income and wealth. MSMEs are complementary to large industries as ancillary units and this sector contributes enormously to the socio-economic development of the country. Hence, there is a need to ensure funding for MSME sector. There is a need to create an enabling environment and supporting infrastructure for improving access to financing and credit cycles. All components of the infrastructure, such as the MSMEs, Banks, NBFCs, MUDRA Bank, Credit Rating Agencies, FinTechs, etc. need to work in tandem, so that the required funding is done to all the sectors with ease.
 
Key Areas of Discussion:-
 
·         CEO Round Table- Role of Banking and other financial services for $5 Trillion Economy
·         Technology Interventions To Strengthen The Quality & Quantity Of Credit Flow
·         Risk Aversion vs Risk Taking: Revitalizing decision making in banks
·         Technology for Banking and other financial services- Innovations and Threats
·         Structural Changes And Enabling Infrastructure To Make Credit Flow From The Lenders (Banking Companies And Non-Banking Finance Companies Supported By Banking System)
·         Importance of Stress Resolution to reducing the Non- Performing Assets (NPAs)
 
Given the importance of the above subject, the ASSOCHAM National Council for Banking has taken initiative of organizing this 15th Annual Banking Summit scheduled to be held on Friday, 06th March 2020, Hotel Taj Mahal Palace, Colaba, Mumbai.
 
On behalf of the ASSOCHAM, we would like to take this opportunity to cordially invite you as an Eminent Speaker or Delegate at this timely and meaningful discussion and request to your esteemed organization to extend support for this flagship summit as per the enclosed Brochure (For Speakers) or Registration Form (For Delegate) for your kind reference.
 
Your participation would add immense value to this 15th Annual Banking Summit and we request your office to please forward your kind confirmation to the undersigned for the earliest.
 
For further details please contact:-
 
Kushagra Joshi, +91-8447365357, kushagra.joshi@assocham.com
Vivek Tiwari, +91-9634235287, vivek.tiwari@assocham.com