Harshiika U.

Convincing leadership to adopt AI isn’t always easy. Surya Mukherjee, VP of HR at InCred Financial Services, shares how you can make it possible.👇 Full episode in the comments! 🎧 #AIinHR

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*NBFCs Diversify Funding Sources Following RBI's Risk Weight Increase* Following the Reserve Bank of India's (RBI) move to raise risk weights on bank borrowings for Non-Banking Financial Companies (NBFCs) in November 2023, NBFCs have started to diversify their funding avenues and reduce their dependence on bank loans. This regulatory change, aimed at managing potential risks, has encouraged NBFCs to seek alternative sources of capital, promoting more secure and sustainable financial practices. Upper-layer NBFCs have responded by leaning heavily on secured funding options, accounting for 85.8% of their total borrowings, while middle-layer NBFCs have had to rely on more costly, unsecured sources. Despite a reduction in bank borrowing, banks remain a significant funding channel, primarily through debentures and commercial paper issuance. This strategic shift demonstrates NBFCs' resilience as they adapt to evolving regulatory frameworks, focusing on building a more stable financial future through diverse funding models. Read this article on Business Standard: https://lnkd.in/gxMfYwWU #NBFC #RBI #FinancialDiversification #CorporateFinance #IndiaEconomy #SecuredFunding

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We're excited to present our next STALWARTZ edition! 🎉 Dive into captivating stories, thought-provoking insights, and inspiring perspectives.🌟 Featuring Sangan Goudar ,an Adept Banking Professional; with STALWARTZ Magazine - A World Development Corporation Initiative. Great leaders come from all walks of life. Seldom do they follow some predetermined path to leadership. We are honored to publish the "STALWARTZ Magazine" with Sangan Goudar. Brief About Sangan Goudar: Sangan Goudar. He is a leader in the banking domain with an extensive career spanning over two and a half decades in sales, marketing and business development. He has primarily worked in the banking and financial services industry, excelling in areas such as retail banking, corporate banking, banking correspondence models, agri-business and microfinance institutions (MFI). He owes his professional excellence to his strong understanding of critical business drivers and enablers, including government banking corporate relationships, Trust, Association, Societies and Clubs, i.e. TASC accounts, banking correspondence (BC) setup, agri-lending and setting up rural branches. Currently, he holds the position of SVP and Regional Manager, South Branch Banking, at AU Small Finance Bank, where he has been instrumental in achieving top-line profitability and implementing effective business strategies. Read this Exclusive write-up where our esteemed guest shares views on: 1. The Challenges faced by SFB’s – in India 2. Future of SFB’s in India 3. Self Discipline - An Important factor for being Successful #Directorsinstitute #independentdirectors #boardofdirectors #globalboardmember #work #career #growth #connections #opportunities #boardofdirectors #SEBI, #IndependentDirectors #IndependentDirectorsRoles #GovernanceBestPractices #IndependentDirectorsNomination #BoardOversight  #IndependentDirectorsTraining #IndependentDirectorsAppointment  #IndependentDirectorsGuidelines  #ESG #IndependentDirectorsQualifications  #ESGInvesting #SustainableInvesting #Sustainability #SustainableDevelopmentGoals #SEBI #NonExecutiveDirector #BoardofDirectors #IndependentDirectorResponsibility

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#Banks push secured credit cards amid #RBI concerns over unsecured loans Secured credit cards backed by fixed deposits are emerging as a viable solution to meet the continued demand for credit while mitigating risk. #SecuredCreditCards #BankingInnovation #RBIConcerns #CreditDemand #CreditCardSolutions #FixedDepositBacked #RiskMitigation #SafeCredit #FinancialSecurity https://lnkd.in/gvDmV7F6

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Struggling with debt recovery? At Capital Value, we understand the unique challenges that Banks and NBFCs face in recovering debts efficiently. Our tailored debt recovery solutions are designed to help you minimize losses, improve cash flow, and maintain strong customer relationships. Trust us to navigate the complexities of debt recovery with professionalism and precision. #DebtRecovery #FinancialSolutions #Banks #NBFCs #CapitalValue #FinancialStability #DebtManagement #BankingSolutions

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🛡 Bhaskar Rao: Leading the Charge in Banking Security with Vision, Innovation, and Experience. 🛡 Unlock the future of secure banking with Bhaskar Rao, CISO of The Bharat Co-operative Bank (Mumbai) Ltd. a seasoned expert with over 19 years in the banking industry. Bhaskar will be speaking at Dine with AlphaSec 2024, where he’ll share his remarkable insights on driving innovation in cybersecurity, safeguarding critical digital infrastructures, and leading large-scale projects with precision. His expertise in technology implementation, Data Centre management, and building secure digital channels has redefined how banks operate in today’s fast-paced digital world. What sets Bhaskar apart is his ability to seamlessly blend cutting-edge security measures with operational efficiency, ensuring that banks remain resilient in the face of emerging cyber threats. Don’t miss this exclusive opportunity to hear from a leader who’s shaping the future of banking security. 🗓 Save the Date: 25th October 2024 📍 Location: Courtyard by Marriott, Mumbai 🌐 More Details: dinewithalphasec.com iValue Group #DinewithAlphasec #TechnophilesIndia #Cybersecurity #BFSISecurity #Cloudsecurity #Applicationsecurity #RiskManagement #BankingSecurity #DigitalTransformation #SecureBanking #Security #InnovatingSecurity #FutureOfBanking #CyberResilience #TechLeadership #SecureTheFuture #BankingInnovation #CyberDefense #DataProtection

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Prof. Ashish Das’s new report exposes the high fees many banks charge for basic services. This is due to ambiguous RBI guidelines. It’s time we demand accountability and fairness from our banks!!!! Check out this article - https://lnkd.in/grsmyeFn IDFC FIRST Bank

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Ensuring Autonomy: Paytm CEO Vijay Shekhar Sharma Affirms Independence of Payments Bank Board, Emphasizing Governance Principles. How do you believe the affirmation of independence for the Payments Bank Board by Paytm's CEO will impact stakeholder trust and regulatory compliance in the financial sector? #DigiMaaya #Paytm #PaymentsBank #Finance #Fintech

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This panel discussion at the Bharat Fintech Summit 2024 focused on innovations in deposit banking, strategies for scaling up deposits, and the evolving relationship between traditional banks and new-age players like Neo banks. The panelists included Sandeep Arora, Chief Product and Customer Experience Officer, Suryoday Small Finance Bank Ltd, Sanjay Sharda, Head of Consumer Banking, Utkarsh Small Finance Bank, Kunal Varma, CEO & Co-founder, Freo Key Takeaways Deposit Innovation: Banks are finding new ways to make deposits more attractive to customers. Examples include linking deposits to customer goals (e.g., saving for a vacation) and offering bundled products that combine deposits with loans or other services. Partnerships: Collaboration between banks and Neo banks is seen as a key driver of growth. Neo-banks can leverage the deposit licenses of traditional banks, while banks can benefit from the innovative customer experience offered by Neo-banks. Customer Acquisition: Both banks and Neo banks are focusing on keeping customer acquisition costs low. Effective strategies include leveraging digital channels and building organic customer bases. Customer Stickiness: Banks can increase customer stickiness by offering a variety of products and services that meet the needs of their customers. Additionally, a seamless and user-friendly digital experience is crucial. Future of Banking: The panelists believe that the distinction between traditional banks and Neo banks will diminish over time. Successful players will be those who can scale their businesses and offer a comprehensive and innovative product suite. Consolidation in the industry is also expected, with some Neo banks being acquired by banks. Summary The panel discussion highlighted the importance of innovation, collaboration, and customer focus in the deposit banking landscape. As the industry continues to evolve, traditional banks and Neo banks will need to adapt and work together to meet the changing needs of their customers. Watch the insightful session here: https://lnkd.in/dsCRwxd8 #FintechIndia #DigitalBanking #DepositInnovation #BankingTheFuture #NeoBanks #FinancialInclusion #BharatFintechSummit #BankingCollaboration #CustomerCentricBanking #banks #nbfc #smallfinancebank #traditionalbank

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Experience the benefits of Rupee Cost Averaging and see how your journey in the markets becomes smoother in the long run. The contents posted here are intended only for those who access it from within India. For more details refer to our website. #HSBCMutualFund #MutualFund #RupeeCostAveraging #Investment #SIP

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Explainer: NII, NIM, CRR - what do these key banking terms mean? India's banking landscape is complex, with a myriad of terms and acronyms leaving many confused. From NIl to NIM, NPA to ROA, CASA to CRR — ETBFSI explains what these common banking terminologies mean, helping consumers stay informed. Story by Anushka Sengupta #BankingExplained #NII #NIM #CRR #BankingTerms #FinancialLiteracy #ETBFSI #Banking101 #StayInformed #FinanceExplainer #BankingJargon #NPA #ROA #CASA #BFSI https://lnkd.in/gXzC7_dx

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At Loan Frame, we leverage cutting-edge technology and deep Indian #MSME credit experience to empower corporates and their value chain of small businesses with easy access to capital. Corporate anchors can benefit from our digitized and competitive lender network, ensuring fast, affordable, flexible, and optimum working capital solutions across sectors, geographies, and customer profiles. Learn more about how Loan Frame can fuel your growth: https://lnkd.in/gHknmF7Y #SupplyChainFinance #TradeFinance #TradeCredit #CashFlow 

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Simple Advice, Big Impact - Rahul Karwa on MF Product Suitability & Incidental Advice In today's NFP UpSkill Session on MF Standards & Best Practices, Rahul Karwa from Advantage Fintech, brought clarity to the often-overlooked topic of Incidental Advice in mutual fund transactions. By focusing on aligning financial products with client needs and building transparency, he emphasized that small steps in advice can lead to huge trust and client satisfaction. Key Takeaway - Even simple advice, when done right, can lead to long lasting client satisfaction. Become a ProMember and get the entire UpSkill Series for FREE & access all resources- https://lnkd.in/d-wnuVnu #Finesse #IncidentalAdvice #MutualFunds #FinancialPlanning #MFProductTransactions #MFStandardisation #UpSkill #FinancialAdvisors #MFD #RIA #ProMembership #NetworkFP #PFP #NFP

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LIVE: CBG Thought Leadership Series 2024 - Theme: Harnessing emerging technologies for SME Growth #ThoughtLeadership #BankingInnovation

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We live in an era where digital transformation is not just a trend but a necessity. The financial sector, particularly the lending industry, stands at the forefront of this evolution. The demand for credit is on an exponential rise, requiring better speed, efficiency, and accessibility. Mr. Vinish Shah, CBO at Craft Silicon Asia had the privilege of moderating the panel discussion on "Digital Lending: Building a Future-Proof Technology Strategy." The panelists included group of esteemed experts and industry leaders who shared their insights and experiences on critical aspects evolving around technological innovations, customer experience, regulatory compliance, and cybersecurity. Below is an extract from the session, where the panel expresses their thoughts on how a forward thinking approach is essential to ensure sustainability, security and scalability in digital lending processes. To watch the full video, please click on the below link: https://bit.ly/3VL7ABE #craftsilicon #craftsiliconasia #paneldiscussion #industryleaders #digitallending #moderation #technology #innovation #mfi #msmeloan #colending #goldloan #vehicleloan

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