Declining CASA ratio (Current Account Savings Account) is getting all the way more challenging for banks as we go, rising credit-deposit (CD) ratio that rose to 75.8% in 2023 is just another problem, increasing funding costs and limiting liquidity. Meanwhile, gross non-performing assets (NPAs), which peaked at a worrying 11.5% in FY18, have shown positive signs and fallen significantly in the recent past, due regards to improved asset quality. Alongside these developments, we see shifting consumer behaviors such as the increasing adoption of Buy Now, Pay Later (BNPL) schemes, changing savings habits, preference for convenience and customisation, growing credit card usage and more. As these trends converge, the BFSI sector must adapt to remain resilient, making this an opportune moment to explore what lies ahead in the NextGen Economy.
ETBFSI is thrilled to host the fifth edition of its flagship event, the ETBFSI Converge Summit 2024, themed “The NextGen Economy.” This two-day summit will take place on November 28-29, 2024, at Sofitel, BKC, Mumbai, bringing together over 50 prominent bankers, insurance executives, finance and investment experts, and FinTech innovators engaging in the dialogue.
The summit commences with a keynote address and fireside chat featuring Dr Duvvuri Subbarao, former Finance Secretary and Governor of the Reserve Bank of India in a session, titled “Will the Elephant Start Dancing?”
Stalwarts from the BFSI industry will share their perspectives on navigating the challenges of technological disruption, regulatory shifts, and changing consumer demands. Esteemed leaders such as Vibha Padalkar, MD & CEO of HDFC Life; Dinesh Khara, former Chairman, State Bank of India; Rajiv Anand, Deputy MD of Axis Bank; Pralay Mondal, MD & CEO of CSB Bank; and Sanjeev Mantri, MD & CEO of ICICI Lombard General Insurance, will discuss strategies for innovation and sustainability in this dynamic environment.
The agenda includes thought-provoking sessions on topics such as the role of digital transformation in banking, fostering trust through technology in insurance, and building resilience in uncertain times.
Key Sessions from Day 01:
- Banking Leaders: Innovating & Sustaining in the NextGen Economy
- Banks’ CXOs: Digital for the Next Generation: Financing India’s Next Decade
- Trialogue Chat: Inclusive Innovation in the NextGen Economy
- Insurance CXOs: Building Trust Through Tech: Streamlining Insurance with a Digital-First Approach
- Bankers’ Playbook: Building Business Amid Unknown Risks
Day 02:
The second day of the summit shall witness leaders from NBFCs, FinTech companies, and small business financing sectors delve into themes like hyper-personalisation, data-driven decision-making, and financial inclusion.
Key Sessions:
- NBFC Leaders: Innovating & Sustaining in the NextGen Economy
- Fireside Chat: Advancing the Journey to Personalized Banking with Data & AI
- Trialogue Chat: Financing Small Businesses for Financial Prosperity
- Panel Discussion: FinTechs: Defining Their Position in the NextGen Economy
ETBFSI Exceller Awards 2024
As the event draws to a close, ETBFSI is excited to present the 6th Edition of the Exceller Awards, celebrating outstanding contributions in banking, insurance, and FinTech innovation. The awards will feature a keynote address by Dinesh Khara, former Chairman of the State Bank of India.
Why Attend
The ETBFSI Converge Summit 2024 is a must-attend event for professionals across the BFSI spectrum, from public and private banks to cooperative, small finance, and payments banks, as well as life, general, and health insurance companies. A unique platform to explore the latest advancements in digital transformation, risk management, and customer experience.
Event Details
Scheduled for November 28-29, 2024, at the Sofitel, BKC, Mumbai, this summit offers a deep dive into the challenges and opportunities defining the NextGen Economy.
Head to the website to seek more details on the conclave.
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