Over the past few years, the banking sector in India is under tremendous pressure due to the Non-Performing Assets (NPAs). Lending its support to the banks, the Central Government is also formulating several plans.
Recently, the Centre has approved a recapitalisation plan worth Rs 2.11 lakh crore for safeguarding the Public Sector Banks against the rising NPAs.
Unlike the other players in the banking and financial segment, Non-Banking Financial Companies (NBFCs) on the other hand, have reported an otherwise story of 15.5 per cent growth in Financial Year (FY) 2016-17 as against 9.1 per cent growth in FY 2015-16.
Highlighting this growing significance of NBFCs, Elets Technomedia, for the second time in a row, is going to organise 2nd NBFC100 Tech Summit in Bengaluru on 7th December 2017.
The Summit will cover the factors affecting the rapid growth and upcoming opportunities within the NBFCs, specifically in the Southern part of the country. This conglomeration will assimilate the who’s who from the NBFC sector across Karnataka, Tamil Nadu, Kerala and Andhra Pradesh.
Several renowned experts namely Nikhil Bandi, Chief Information Officer, Vistaar Financial Services P Ltd, Suresh A Shan, Head-Innovation and Future Technology, Mahindra & Mahindra Financial Services Ltd., Dominic Vijay Kumar, Associate Vice President-IT, Art Affordable Housing Finance India Ltd. And many others have already confirmed their presence in the summit.
The Banking & Finance Post, Asia’s premier bi-monthly magazine, published by Elets Technomedia Pvt Ltd, will be the print partner of the summit.
The exclusive videos of the Summit will be found at Elets TV, Asia’s largest platform for videos in the Banking, Financial Services and Insurance (BFSI) domain.
For further details please visit: http://bfsi.eletsonline.com/NBFC100/2017/
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