About Summit
“India NBFC Summit & Awards 2020” with the theme “The Future of NBFC Unfolds” seeks to provide a platform for industry stakeholders to work out a road map for unleashing the true potential of the sector discussing the latest technological trends and solutions for NBFC with the help of which the financial industry can restructure and advance thier future. The discussions at the forum would focus on the ongoing changes including the evolution in the NBFC Industry, Consumer Experince, Technological disruptions, Digitization etc.. with a view to understand the influence of these developments on NBFC business and explore the need for operations excellence; new products and a pool of next gen leaders to sustain high growth in the present changing financial environment.
About Industry
Non-banking Financial Companies (NBFC) sector in India has undergone a significant transformation over the past few years and plays a significant role in the growth of the Indian financial system. It is expected for NBFCs to sustain their growth momentum and asset quality performance in Q2FY19. NBFCs are expected to report a 30 per cent growth in second-quarter profit.According to SIDBI, share of NBFCs in MSME financing has risen to 11.3 percent as of mid-2018 against 8.4 percent two years prior, leading to lower market share of public sector banks to 51 percent in June 2018 against 60 percent two years ago. NBFC’s have outperformed banks in the Mortgage Industry, by leveraging technology with the help of latest tools like CyberSecurity, BigData management, AI & Machine learning etc...Technology has made NBFC’s expand into underserved segments. NBFC’s have carved niche business areas for themselves by understanding customers & building customized products.
Contact for Summit Information
Contact us about India NBFC Summit & Awards 2019 details.
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