Symbiosis Skills & Professional University’s Post

Don't miss the inaugural session, 'Empowering India's Economic Future: Encashing the Digital Economy,' at #ETBFSICXO. Key Takeaways: "Still disappointing to read only 2-3% of loan processes are digital in India and is expected to be 5% by 2028, it shows the opportunity and responsibility for us to accelerate."- Shaji Varghese, CEO, Muthoot Fincorp Ltd. "IPPB was formed to take the best advantage of the postal network that's available, that is reaching the remotest places in India and we open over 1 lakh accounts every single day."- Viswesvaran R., MD & CEO, India Post Payments Bank "To win big you have to collaborate with fintechs, small players, you need to have the reach and the tech stack."- Ashish Mehrotra, MD & CEO, Northern Arc Capital Amol Dethe, Editor, ETBFSI (Moderator) Know more: https://bit.ly/3VYGYfh #ETBFSI #IndustryLeaders #Innovation #Fintech #EconomicTimes #Summit #CXOInsights #ETBFSICXO

#TheHiddenDivide: Consumers vs. Producers in Personal Finance Consumers are those who spend MORE than they earn, Producers are those who earn more than they consume. #Note: To be a producer you have to spend only 20% of your Net annual income. In today's consumer-driven society, a stark contrast exists between those who accumulate wealth and those who struggle to make ends meet. This divide isn't always about income—it's about mindset and financial habits. ##TheConsumerTrap Many of us fall into the trap of excessive consumption: - Purchasing items we rarely use - Succumbing to the allure of "new" and "trendy" - Prioritizing immediate gratification over long-term financial health This behavior often stems from subconscious influences, cleverly exploited by marketing strategies that fuel our desire for the latest and greatest. ##TheProducerPerspective The top 1% of wealth holders often share a common trait: they're producers rather than consumers. Consider this: - A family earning ₹10 lakh annually might spend ₹6 lakh (60%) on living expenses. - In contrast, a household with a ₹1 crore income might allocate only ₹20 lakh (20%) to expenses. This stark difference in consumption patterns allows the latter to reinvest a significant portion of their income, fostering wealth accumulation and financial growth. #BreakingTheCycle To shift from a consumer to a producer mindset: 1. Evaluate your needs vs. wants 2. Invest in your future rather than temporary satisfactions 3. Be mindful of subconscious spending triggers By adopting a producer's perspective, we can break free from the cycle of needless consumption and pave the way for a more secure financial future. What steps are you taking to cultivate a producer mindset in your financial journey? #PersonalFinance #FinancialLiteracy #WealthBuilding #ConsumerBehavior #PersonalFinance #FinancialLiteracy #WealthBuilding #ConsumerBehavior #MoneyMindset #icicibank #axisbank #icicimutualfund #hdfcmutualfund #investmentspecialists #privatebanking #kotakbank #kotakmutualfund #sbimutualfund #sbibank #utimutualfund #pune #mumbai #cfa #cfp #wealthmanagement #delhi #FinancialFreedom #InvestingTips #SaveAndInvest #FinancialPlanning #WealthCreation #MoneyManagement #FinancialIndependence #SmartMoney #FinancialWellness #EconomicGrowth #FinancialEducation #BudgetingTips #InvestmentStrategy #FinancialSuccess #MoneyMatters #Disclaimer: This post is for informational purposes only and does not constitute financial advice. Always consult with a qualified financial professional before making significant financial decisions.

Panel Discussion: Unleashing the Power of Collaboration Sivakumar Nandipati, CDO, Fedbank Financial Services Ltd - Fedfina - In the BFSI sector, sharing credit information is essential for approving loans. Beyond traditional methods like CIBIL scores, social proofing is now being used to assess creditworthiness. The credit model is evolving, and the co-lending approach is becoming popular. In this model, fintechs, which often lack sufficient capital, partner with banks that can provide the necessary funds, helping to bridge the gap and make lending more accessible and making the partnership beneficial for both sides. Venue: Radisson Blu Resort Goa Cavelossim Beach For Event Details, Visit here: https://bit.ly/3XhnbKy #BFSIGamechanger #BankingFinancePost #GoldenJubileeEdition #BFSI #GameChangerSummit #FinancialInnovation #IndustryLeadership #EletsGamechanger #EletsBFSI #Innovation #Leadership #Goa  Mahendra Bindra | Unity Small Finance Bank | Nalini Venkat | Digit Insurance 𝐄𝐱𝐩𝐥𝐨𝐫𝐞 𝐔𝐩𝐜𝐨𝐦𝐢𝐧𝐠 𝐈𝐧𝐢𝐭𝐢𝐚𝐭𝐢𝐯𝐞𝐬: https://bit.ly/3R9MbPM DM for queries at [email protected]

India's largest NBFC-MFI, CreditAccess Grameen, traded 10% lower today as the MFI industry faces asset quality concerns. For more insights into the sector, register for the webinar on "India's Credit Down Cycle and Its Impact on Markets," presented by INRBonds and co-presented by Labham. Event Details: 🗓️ Date: 5th December 2024 ⏰ Time: 3:00 PM (IST) 💻 Format: Zoom Webinar 📋 Duration: 2 hours (including Q&A) 🎙️ Meet the Experts: ✨ Moderator: Arjun Parthasarathy, Founder & CEO, INR Bonds ✨ Panelists: Karthik Athreya , Director & Head of Strategy - Credit, Sundaram Alternates Suchindran V. G. , Ex-CFO Veritas Finance & Ex-CEO IFMR Investment Advisor Services Abhinaba Saha, Senior Correspondent, Mint 🚀 Don’t miss out on this opportunity to gain actionable insights and strategies for navigating the bond and equity markets during challenging times. 👉 Register Here: https://lnkd.in/g6y_EkAX #INRBonds #Webinar #CreditDownCycle #BondMarkets #EquityMarkets #FinanceInsights #Indianmarket

The journey doesn’t end here! Every moment we’ve shared has paved the way for new dreams and bigger ambitions. BOBCARD has continuously reimagined how we spend and empowered aspirations along the way. Together, we move forward with innovation, embracing the future with confidence and determination. The best is yet to come. #FoundedToReimagine Bank of Baroda #BOBCARD #CreditReimagined #31YearsofExcellence #FoundationDay

Presenting “Re-imaging Microlending: Emerging Technological Trends and Innovations", an interactive breakaway session that explored the innovations in the microfinance sector, and how these transformative steps are aided by technological advancement. It also deliberated on the emerging trends and innovations that can boost efficiency and streamline operations of the MFI sector. The session addressed some of the most pressing industry questions, such as: 1. What are the most promising technological innovations currently transforming the MFI industry, and how are they enhancing operational efficiency? 2. How can MFI institutions effectively integrate these technological advancements to improve their value chain and the overall ecosystem? 3. What are the challenges faced in technology innovation and adoption in the MFI sector and how can these be mitigated? The session panel included: Moderator: Mr. Ajay K. Kapur, DMD (Retd.), SIDBI(Small Industries Development Bank of India)  Speakers: Mr. Pratyush Halen, CEO, Fingpay- Tapits Technologies Pvt. Ltd. Mr. Rakesh Kumar, CEO & ED, @Light Microfinance Pvt Ltd Mr. Ashish Singh, Head-Rural Banking, IDFC FIRST Bank Mr. Sudhir Madhavan, Head – Retail Financial Services (Assets), Jana Small Finance Bank Mr. Madhan Visvanathan, Vice President & Head – Temenos Practice, Bahwan CyberTek Jiji Mammen | Chandan Thakur | Mahtab Alam #fintech #sustainability #SocialImpact #microfinance #womenempowerment

KreditBee, a fintech lender supported by Premji Invest and ICICI Bank, is negotiating with private credit funds for a new funding round to enhance its valuation before its planned IPO next fiscal year. Currently valued at $700 million, KreditBee has raised over $200 million in March from investors like Advent International, MUFG, Premji Invest, Motilal Oswal Alternates, NewQuest Capital Partners, and Mirae Asset Ventures, totaling over $400 million in funding. Co-founders Madhusudan E, @Karthikeyan Krishnaswamy, and Vivek Veda plan one last private round before the IPO, expected within the next year. KreditBee projects 25-30% growth this fiscal year, focusing on personal, business, and property loans. Their loan portfolio is predominantly personal loans with a 12-month average tenure. #Fintech #KreditBee #IPO #FundingRound #PersonalLoans #BusinessLoans #LoanAgainstProperty #PremjiInvest #ICICIBank #GrowthStrategy #RBIRegulations #NBFC #CapitalAdequacy #FinancialStability #FintechInvestment #startup77

🚀 Exciting Findings by Vansh Chirvi! 🚀 Vansh Chirvi, Director and Founder of Optrait Financial Solutions, has identified HDFC Bank Ltd. as a potential top stock. 📈 Discover why HDFC Bank stands out in today's dynamic market environment and explore more insights in Vansh's detailed analysis on Quora: https://qr.ae/psCTZt Don't miss out on this opportunity! Follow Optrait Financial Solutions for valuable market insights and investment strategies. 💡 #StockMarket #Investing #Finance #HDFCBank #MarketInsights #OptraitFinancialSolutions

Empowering financial inclusion through data-driven solutions! Stories like Asha's highlight the transformative power of alternative credit scoring models. By leveraging AI-driven risk profiles, we can look beyond traditional metrics and unlock opportunities for deserving borrowers. Proud to contribute to building innovative loan underwriting algorithms that expand access to credit while managing risk effectively. #FinTech #DataScience #LoanUnderwriting #AI #FinancialInclusion