With a stable government at the centre focusing on capital market reforms, aiming to reach households with two bank accounts each, ease of access to credit for MSMEs, single window clearance for projects, regulator throwing in their hat by allowing more & more private investments in the financial services sector, it’s interesting to know what the road ahead is for India’s Financial Services industry? How are the players adopting new business models? How to attain new-age customer demands? Which sub- segments of the financial services story are most attractive and which parts are pulled back on account of regulatory constraints?
To answer all of this and much more, VCCircle is launching 2nd edition of VCCircle Financial Services Investment Summit 2014. The conference will congregate top and leading CEO’s from banks, NBFCs, financial inclusion, stock broking, insurance, advisory, wealth management sector besides private equity investors, M&A experts, bankers, legal experts and regulators who are the driving financial service space.
The summit will cover wide array of topics such as:
8:30am - 9:40am
Tea, Networking & Registration
9:40am - 9:50am
9:50am - 10:35am
Panel I: Opportunities driving entrepreneurship in Indian financial services industry
With a stable government at the centre focusing on capital market reforms, aiming to reach households with two bank accounts each, ease of access to credit for MSMEs, single window clearance for projects, regulator throwing in their hat by allowing more & more private investments in the financial services sector, what will be in store for emerging entrepreneurs? Are investors betting on companies who aspire to emerge as one stop shop vis-a-vis enterprises sticking to the focused business segments? Is consolidation the new growth driver for financial services industry? Can we see more of such M&A deals happening? Post organizational restructuring, what are the drawbacks faced by the entities? How difficult it is for a financial institute to show a deep, liquid and strong financial play?
Shankar Narayanan - MD, The Carlyle Group
Prashant Purker - Executive Director, ICICI Venture Funds Management
Harvinder Singh - Chairman & MD, Satin Creditcare Network Limited
Brahmanand Hegde - MD & CEO, Vistaar Financial Services Pvt Ltd
Praveen Chakravarty, SEBI Committee on Primary Markets And Board advisor, TVS Capital (Moderator)
10:35am - 11:00am
Keynote Address: By Leo Puri - MD, UTI Asset Management Co. Ltd
11:00am - 11:30am
Tea & Networking Break
11:30am - 11:55am
Special Address: By V Vaidyanathan - CMD, Capital First Ltd
Entrepreneurship in Indian Financial Services - A first-hand experience.
What are the opportunities? Easy to wade in, tougher to swim. What are the landmines, and how to deal with the uncertainties that come with it in terms of capital, partnerships, regulatory and economic environment. What are the common myths and realities. Mr. Vaidyanathan, Chairman, Capital First Group, will throw light on these beneath the surface issues.
11:55am - 12:40pm
Panel II: Identifying innovative solutions for achieving greater Financial Inclusion
How effectively can special category banks such as Payment banks, Wholesale banks, Small banks extend financial services to the unbanked population? Will the opening of new & niche banks solve the purpose? What are the opportunities for Micro finance institutions that have set up their base in the distant corners of the country? Is it a viable business? What is their contribution in improving the access to credit for the underserved? What are the other innovative financial delivery approaches to serve the disadvantaged? What choice of technology should be used for disbursement of payments? Which payment model is come out to be the right model for serving the low income group?
Samit Ghosh - CEO & MD, Ujjivan Financial Services Pvt Ltd
Ajay Desai - Senior President and Chief Financial Inclusion Officer, YES BANK Ltd
Raj Ahuja - CFO, FINO PayTech Ltd
Pramod Ahuja - Partner, Tata Capital Growth Fund (Moderator)
12:40pm - 1:40pm
Lunch & Networking
1:40pm - 2:25pm
Panel III: Associated risk & mitigation strategies, NPA resolution and reassessing the role of data & information in disciplining financial services space
Rising bad loans, constant asset-liability mismanagement seems to have paralyzed financial services industry at large; how to get error-free risk & mitigation strategies to help shedding away from the mounting problems of NPA's? What is the impact of NPA's on banks operations? Is the government seriously chasing this issue? How to get the credit rating of the product into the limelight before getting into serious lending action? How can rating agencies put forth an improved mechanism in place to keep a check on spiraling NPA issues?
Rajesh Mokashi - Dy MD, Credit Analysis & Research Limited
P Rudran - MD & CEO, Asset Reconstruction Company India Ltd
Anuj Bugga - MD, FTI Consulting India Pvt Ltd
Mohan Jayaraman - MD, Experian Credit Information Company (Moderator)
Sector focus panels
2:25pm - 3:05pm
Panel IV: Exchanges & Brokerages: Recognising opportunities amidst changing market sentiments
After the flurry of positive news such as sensex touching 26k, market sentiments changing, system getting cleaned up and regulatory framework setting in place, can we see retail investor re-gaining interest in the squeezing Indian stock broking industry? How long will it take for the stock broking house to cope up with declining trading volumes and struggling current valuations? Are the investors still in a fix who have invested in exchanges & broking houses? What are the new segments opened up by the exchanges to increase their market share?
Nitin Jain - CEO, Retail Capital Markets, Edelweiss Financial Services
Ashishkumar Chauhan - CEO & MD, BSE Ltd
Sudip Bandyopadhyay - MD & CEO, Destimoney Securities Private Limited
Praveen Chakravarty, SEBI Committee on Primary Markets And Board advisor, TVS Capital (Moderator)
3:05pm - 3:30pm
Tea & Networking
3:30pm - 4:10pm
Panel V: Future outlook for Infrastructure Financing Services
Boosting infrastructure investments seems to be on the top of the agenda for the Modi-led government. Will the new policy announcements fuel investments in the much stranded long term infrastructure space? With huge amount of fund getting locked up in specific large projects for longer duration, will the sector gain investor confidence in pulling in more money? How does the future look like? What new financial instruments can be introduced to match with the life of the projects?
Suneet K Maheshwari - EVP- Corporate Affairs, L&T Financial Services
Parvez Umrigar - Co-head, Structured Investments Group, Piramal Enterprises Ltd
Ashish N. Chandak - President Corporate Finance - Infrastructure Banking Group, YES BANK Ltd
Suvek Nambiar - MD & CEO, India Infradebt Limited
Sachin Johri - Partner, IDFC Alternatives (Moderator)
4:10pm - 4:50pm
Panel VI: Banks: Broader trends and regulatory framework driving Indian banking sector
Having Raghuram Rajan at the helm, can we expect RBI to open up new relaxation norms in speeding up businesses for the banking sector? How can uniform license regime for all broad based banks boost the financial ecosystem? What are the opportunities lying ahead for distressed public sector backs with the permission to raise more capital? How easy it can be for the public sector banks to raise money from the market? Can banks see ease of exit and high returns in the current environment? Are banks successful in wooing microfinance - dominated rural crowd?
Dr N. Kamakodi - MD & CEO, City Union Bank Ltd
R Gurumurthy - Head, Corporate and Institutional Banking, The Ratnakar Bank Ltd
Hetal Gandhi - MD, Tano India Advisors Pvt Ltd
Ashwin Ramanathan - Partner, AZB & Partners (Moderator)
4:50pm - 5:30pm
Panel VII: Road ahead for NBFCs & Housing Finance companies
Continuous de-growth in mortgage segment, ever surging funding cost, credit cost, rise in delinquencies have sharply affected the NBFC market, so to overcome the downfall, what measures can be taken to see a possible uptick in the NBFC growth? Which asset class can contribute to give life back to the NBFC? How can simplified registration process accelerate NBFC market? How are investors looking at NBFC as an investment domain? With rising demand, lot of companies are focusing on affordable housing as an offering product, where banks are seen leading the pack. Do we see retail housing loan business giving stiff competition to banks instead of banks offering lower interest rates? What is so unique about HFC’s, how aggressively HFC’s have built their portfolios? What class of investors invests in HFC segment? How supportive is NHB in augmenting this space?
Sanjay Agarwal - MD, Au Financiers Ltd
Dhanpal Jhaveri - Partner and CEO, Everstone Capital Advisors Pvt Ltd
Manas Tandon - Principal, TPG Growth India
Amit Khosla - MD,AB Capital Advisers Private Limited (Moderator)
Continue the energy and networking of the day with more social time with top entrepreneurs and leading investors over cocktails.
Taj Lands End, Mumbai
AZB & Partners is one of the prominent law firms in India. Our aim is to provide clear, concise and practical advice based on an in-depth knowledge of the legal, regulatory and commercial environment within which our clients operate and a full understanding of their overall business objectives.
The legal services rendered by us cover the corporate, commercial, regulatory, financial and tax planning aspects of modern businesses. We have been involved in advising in the field of mergers, acquisitions, joint ventures and general corporate, regulatory practice and securities laws, private equity, capital markets, funds practice, banking and finance, microfinance, derivatives, infrastructure and project finance, real estate, media and entertainment, information technology and business process outsourcing, employment, insurance, intellectual property, pharmaceuticals and biotechnology, taxation, aviation, competition law, and litigation and arbitration.
FTI Consulting, Inc. is a global business advisory firm dedicated to helping organisations protect and enhance enterprise value in an increasingly complex legal, regulatory and economic environment. With more than 4,200 employees located in 26 countries, FTI Consulting professionals work closely with clients to anticipate, illuminate and overcome complex business challenges in areas such as investigations, litigation, mergers and acquisitions, regulatory issues, reputation management, strategic communications and restructuring.
FTI Consulting’s Global Risk and Investigations Practice is the leading provider of comprehensive business risk solutions including reputational due diligence and other business intelligence, fraud and corporate investigations, data forensics and electronic evidence recovery, brand protection, the strategic management of intellectual property and crisis containment services in Asia. Whether the task is to determine the reputation and suitabili
L&T Infra Investment Partners is a private equity fund focused on investments in the Indian infrastructure sector. The Fund is sponsored by L&T Infrastructure Finance Company, a subsidiary of L&T Finance Holdings and anchored by leading Indian institutional investors. It targets investments in a broad range of infrastructure assets and infrastructure supply chain companies in sectors such as energy, transportation, power, telecommunication, natural resources and water infrastructure. In addition to providing growth capital, the Fund seeks to catalyse value creation by providing strategic guidance and practical support to portfolio companies in operational areas, corporate governance and business networking.
(MFIN) is the Industry Body & RBI approved SelfRegulatory Organisation (SRO) of Non-Bank Finance Company Micro Finance Institutions (NBFC-MFIs) in India. Set-up in the year 2009 as the primary representative body of the NBFCs engaged in the business of microfinance, the overarching aim of all that MFIN does is to achieve MFIN’s mission of promoting robust development of the microfinance industry and thereby facilitate access to finance to millions of un-served and underserved people in India.
In its SRO role, MFIN works in areas such as surveillance, client grievance redressal, investigation and client education.The industry has a Code of Conduct which MFIN ensures is followed through an Enforcement Committee. MFIN and its members have made enormous efforts in developing the Credit Bureau ecosystem for the microfinance clients. MFIN works closely with the regulators and other key stakeholders and plays an active part in the larger financial inclusions dialo