The fourth edition of the FE Modern BFSI Summit, aptly titled ‘Finance for a $5 trillion economy’ will be held in Mumbai on Friday. The day-long summit will see some of the finest minds from India’s financial sector participating in various formats, including panel discussions, fireside chats and keynote speeches, to share insights, swap ideas and brainstorm on the options to deepen the capital pool needed for India.
Beginning of the event
The event will begin with a fireside conversation with Reserve Bank of India governor Sanjay Malhotra. Six months ago, he inherited a challenging economic landscape marked by slowing growth and inflationary pressures. The rest is history — in a short span of time, RBI has unleashed a 100 basis point cut in repo rate and a 100 bp cut in CRR, stunning everybody.
The keynote address will be delivered by M Nagaraju, secretary, department of financial services, ministry of finance. He will also participate in a fireside chat.
Deepak Parekh, former chairman of HDFC, a veteran in finance and an institution-builder, will deliver a special address on building ‘future-ready institutions’.
Many would look forward to hearing Gopal Srinivasan, founder and chairman, TVS Capital Funds, for his insights on the changing landscape and the elements that India could leverage at this juncture. There are many other discussions in store. For example, if India is the bright spot on the planet, then is the interest in India backed by enough capital allocation? What can be done to ensure that the interest on India endures?
To discuss this and more, there would be a panel of leaders from the finance arena – Nilesh Shah, group president & MD, Kotak Mahindra Asset Management Company, Navneet Munot, MD & CEO, HDFC Asset Management Company, Soumya Rajan, founder & CEO, Waterfield Advisors, and V Laxmikanth, managing partner, Pavestone, apart from the regulator’s perspective shared by Aparna Thyagarajan from the Securities and Exchange Board of India (Sebi).
As the CGM at the alternative funds and foreign portfolio investors department in Sebi, she is best placed to enlighten on the policy aspects with respect to foreign portfolio investors and alternative investment funds.
Experts at the event
The summit will also have experts such as Amisha Vora, MD, PL Capital, Jairam Sridharan, MD, Piramal Finance, and Prateek Agrawal, CEO, Motilal Oswal AMC, looking at growth strategies and investment pathways.
In a separate fireside chat, Sohini Rajola, executive director, National Payments Corporation Corporation of India (NPCI), will share the ground covered and the vision ahead on the ‘future-ready innovations’.
The summit could not have been better timed. In an unpredictable and uncertain world, India is in the spotlight globally as one of the fastest growing large economies. For a country that harbours hopes for a seat on the high table of rich nations, growth, girth and the readiness for the leap ahead is crucial.