The Elets NBFC100 Tech Summit, the longest running NBFC Congregation, has been a cornerstone event in the Non-Banking Financial Companies (NBFC) sector, bringing together industry leaders, policymakers, and tech enthusiasts to discuss the latest trends, challenges, and innovations. Organized by Elets Technomedia in collaboration with The Banking & Finance Post, the summit has traversed various cities, highlighting the transformative role of NBFCs in the financial landscape of India. From its inaugural event in Mumbai to the upcoming fifteenth edition, the summit has consistently emphasized the importance of technological advancements, financial inclusion, and the evolving role of NBFCs in the broader financial ecosystem.
1st NBFC100 Tech Summit, Mumbai Empowering Financial Inclusion: Debut Edition
The first edition of NBFC100 Tech Summit, held at Mumbai’s ITC Grand Central hotel, marked the beginning of a transformative journey in the NBFC sector. Organized by Elets Technomedia and The Banking & Finance Post, aimed to highlight the growing significance of NBFCs, Small Finance Banks, and Payments Banks in ensuring Financial Inclusion. The event was graced by dignitaries like Surendra Nath Tripathi from the Ministry of Micro, Small and Medium Enterprises; D K Jain from the Government of Maharashtra, and Dinesh Arora from NITI Aayog. Key discussion points included the rising significance of NBFCs in niche banking, the role of IT in the NBFC sector, and the challenges and opportunities presented by NBFCs as an alternative to mainstream banking.
2nd NBFC100 Tech Summit, Bengaluru Tech Innovation Unleashed
The 2nd NBFC100 Tech Summit took place on 7th Dec 2017, at The Lalit Ashok hotel in Bengaluru, highlighting the significance of technologically advanced NBFCs in catering to diverse financial needs. The event was inaugurated by Rajkumar Srivastava, IT Advisor to the Karnataka Government, and Vivek Jaiswal, General Manager of Karnataka Telecom Circle, BSNL. Notable figures such as Subrata Gupta of NABARD Financial Services Ltd and Ashwin Khorana of Janalakshmi Financial Services imparted their knowledge. The summit underscored the crucial role NBFCs play in addressing varied financial demands. The event saw participation from prominent figures in the Banking Financial Services and Insurance (BFSI) sector, including representatives from NBFCs, Small Finance Banks, Payments Banks, and IT. The summit, hosted at The Lalit Ashok hotel, was inaugurated by Rajkumar Srivastava, IT Advisor to the Karnataka Government, and Vivek Jaiswal of BSNL.
Distinguished leaders like Subrata Gupta, MD of NABARD Financial Services Ltd, Ashwin Khorana, CTO of Janalakshmi Financial Services, Hardika Shah, CEO of Kinara Capital, and others graced the summit.
3rd NBFC100 Tech Summit, New Delhi Capitalizing on Change: Financial Revolution
The 3rd NBFC100 Tech Summit took place on 27th April 2018 in Delhi, the national capital of India, where experts discussed the pivotal role and potential of NBFCs in leading the BFSI sector. These companies are seen as the future torchbearers with the capability to innovate and address challenges in the banking sector.
The summit underscored the crucial role NBFCs play in addressing varied financial demands. The event saw participation from prominent figures in the Banking Financial Services and Insurance (BFSI) sector, including representatives from NBFCs, Small Finance Banks, Payments Banks, and IT. The summit, hosted at The Lalit Ashok hotel, was inaugurated by Rajkumar Srivastava, IT Advisor to the Karnataka Government, and Vivek Jaiswal of BSNL.
Distinguished leaders like Subrata Gupta, MD of NABARD Financial Services Ltd, Ashwin Khorana, CTO of Janalakshmi Financial Services, Hardika Shah, CEO of Kinara Capital, and others graced the summit.
4th NBFC100 Tech Summit, Hyderabad Southern Financial Frontier: Tech Extravaganza
The 4th NBFC100 Tech Summit, highlighting the advancements and innovations in the NBFCs sector in South India, kicked off in Hyderabad. The summit was a significant gathering of financial experts, and was inaugurated by Ajay Mishra, the Special Chief Secretary of the Department of Energy for the Government of Telangana. Jayesh Ranjan, the Principal Secretary for Information Technology, Industry & Commerce in Telangana, graced the event as a Special Guest and shared his insights on NBFCs.
The inaugural session also saw participation from other notable figures such as Gowra Srinivas, President of the Federation of Telangana & Andhra Pradesh Chambers of Commerce & Industry; Dr. Ruchi Agarwal from the Indian School of Business; and Dr. B Yerram Raju, Adviser at Telangana Industrial Health Clinic Limited, Government of Telangana.
5th NBFC100 Tech Summit, Mumbai Shaping the Future: Financial Renaissance
The 5th NBFC100 Tech Summit, emphasising the rising significance of NBFCs and the influx of new entities in the BFSI sector, was held in Mumbai on November 20, 2018 by Elets Technomedia. The event saw:
- Participation from over 125 NBFCs and 25 partners nationwide.
- Distinguished attendees like Dr. Amitabh Rajan from the Reserve Bank of India Services Board, Dr. Kavita Gupta of SICOM, and others in the inaugural session discussed the growing role of NBFCs in niche banking.
- A gathering of experts from various financial institutions, including Payments Bank, Small Finance Banks, and Housing Finance Institutions.
- Partnerships with Sa-Dhan as the host partner, Finance Industry Development Council as a supporting partner, and others like Pennat, Nucleus Software, and Fortinet in various capacities.
- An expo area featuring brands like Mortan, Vymo, UiPath, and Indus.
- The summit wrapped up with a BFSI Leadership Awards ceremony, celebrating the outstanding contributions of NBFCs and corporations in the sector.
6th NBFC100 Tech Summit, New Delhi: Collaboration for Financial Evolution: Innovative SummitCollaborating with NBFC is essential due to their growing significance in India’s financial landscape. This was emphasized during the inaugural session of the 6th NBFC100 Tech Summit in New Delhi. Here are the key takeaways:
- The session highlighted the unique challenges faced by NBFCs in India, as well as the opportunities they present in the financial sector.
- The session highlighted the unique challenges faced by NBFCs in India, as well as the opportunities they present in the financial sector.
- Manu Raj Singhal of Elets Technomedia introduced the summit, emphasizing its role in bringing together experts and stakeholders in the NBFC sector.
- Dr. Amitabh Rajan, Chairman of the Reserve Bank of India Services Board, discussed the ongoing challenges faced by NBFCs. He pointed out the role of the media during these challenging times and suggested a forward-looking approach.
- Dr. Rajan emphasised that the challenges faced by NBFCs in India are distinct due to the country’s unique socio-economic landscape. In these challenging times, there’s a need for innovative thinking and a proactive approach.
- The summit underscored the crucial role of NBFCs in India’s financial ecosystem. NBFCs play a vital role in providing financial services to segments of the population that might be underserved by traditional banks.
- The 6th NBFC100 Tech Summit, scheduled for 15 March 2019, aimed to bring together leaders from various financial institutions, including NBFCs, Micro Finance Institutions, housing finance institutions, Small Finance Banks, and Payments Banks.
- Manu Raj Singhal of Elets Technomedia introduced the summit, emphasizing its role in bringing together experts and stakeholders in the NBFC sector.
- Dr. Amitabh Rajan, Chairman of the Reserve Bank of India Services Board, discussed the ongoing challenges faced by NBFCs. He pointed out the role of the media during these challenging times and suggested a forward-looking approach.
- Dr. Rajan emphasised that the challenges faced by NBFCs in India are distinct due to the country’s unique socio-economic landscape. In these challenging times, there’s a need for innovative thinking and a proactive approach.
- The summit underscored the crucial role of NBFCs in India’s financial ecosystem. NBFCs play a vital role in providing financial services to segments of the population that might be underserved by traditional banks.
- The 6th NBFC100 Tech Summit, scheduled for 15 March 2019, aimed to bring together leaders from various financial institutions, including NBFCs, Micro Finance Institutions, housing finance institutions, Small Finance Banks, and Payments Banks.
Collaborating with NBFCs is crucial because they offer unique financial solutions tailored to India’s diverse needs, especially in areas underserved by traditional banking institutions. Their ability to innovate and adapt makes them invaluable in the ever-evolving financial landscape of India.
7th NBFC100 Tech Summit, Chennai: Vision for Transformation: New Era for NBFCs
Recognizing the increasing importance of NBFCs and Micro-Finance Institutions (MFIs) in India, Elets Technomedia with the Banking and Finance Post, organised the 7th NBFC100 Tech Summit in Chennai on July 3, 2019. The comprehensive conference showcased a diverse group of speakers who discussed the sector’s achievements, challenges, and the measures being taken to address the liquidity crisis following the IL&FS situation.
Additionally, experts provided valuable insights into the nation’s current financial landscape through panel discussions, emphasising the transformative role of technology in the NBFC sector. The summit was inaugurated by Subrata Gupta, the then Managing Director of NABARD Financial Services Ltd. He highlighted the pivotal role of technology in the NBFC sector, emphasizing that the efficiency of technology adoption matters more than the technology itself. He noted a significant gap between the intended use of technology and its actual implementation in the field.
8th NBFC100 Tech Summit, Mumbai 2020 and Beyond: Roadmap for NBFCsHighlighting the ongoing challenges and growth opportunities for Non-Banking Financial Companies (NBFCs) in India, Elets Technomedia and The Banking and Finance Post magazine had jointly organized the 8th NBFC100 Tech Summit in Mumbai on 23 January 2020.
The summit had included some significant topics as discussion points, namely, The 2019 Outlook of NBFCs and Proposition Ahead: Where We Had Been and Where We Were Going, NextGen NBFCs: How Fintech, AI, Machine Learning, Big Data, Analytics, and Digital Security were leveraged to create customer-centric products, NBFCs and their transformative capacity to address credit deficits & the role of regulatory bodies, New Enterprise Technologies that NBFCs, MFIs & HFCs had looked to embrace in the upcoming years: Vision 2022, and Digital Disruption that redefined the lending paradigm to the unbanked segments.
9th NBFC100 Tech Summit: NBFCs in 2021: A New Strategy Unveiled
In a bid to highlight the innovations, challenges and opportunities across the NBFC-MFI sector, SAS in association with Elets Technomedia organised the 9th edition of the NBFC100 Tech series, a one day long high-level congregation of experts. The virtual confluence was inaugurated by Raman Aggarwal, Co-chairman, Finance Industry Development Council, who shared his views on Expanding Role of NBFCs in Economic transformation post-COVID. Other important topics covered during the conference were Integrated Risk Management in NBFCs, The 2021 Outlook for NBFCs–Significance, Challenges & Opportunities, The shift to Digital Transformation and expanding Role of Digitisation in NBFCs, Opportunities for Fin-Techs in the post COVID world and Going Forward: Retargeting 5 Trillion Economy
10th NBFC100 Tech Summit: Tech-Driven Transformation: Financial Summit
Elets Technomedia and The Banking & Finance Post Magazine are elated to announce the 10th edition of the NBFC100 Tech Summit. This one day long confluence will be a one of its kind conglomerate to experts from across the NBFC-MFI sector, who will delve deeper into the role of emerging technologies and persisting liquidity crisis.
11th NBFC100 Tech Summit, Chennai NBFCs Rising: Vision for 2022
NBFCs are anticipated to witness accelerated growth in 2022, reflecting the economic upturn, fortified balance sheets, enhanced provisions, and bolstered capital standings. Studies indicate that Indian NBFCs are poised for a resurgence in business activities, forecasting a 14% year-over-year growth in their loan book for FY23. Continuing its legacy of highlighting trends, innovations, and challenges in the NBFC sector, the Elets NBFC 100 Tech Summit is gearing up for its 11th installment. This year’s summit, themed “Visualising New Age NBFCs with Resilient Technology & Financial Inclusion,” is set to take place in Chennai.
12th NBFC100 Tech Summit, Mumbai: Building New Bharat with Technology: Future Vision
With the theme “NBFCs, Building New Bharat with Technology,” the twelfth edition emphasized the steadily growing importance of NBFCs in financially empowering India.
Elets Technomedia, in collaboration with The Banking and Finance Post magazine, hosted the 12th edition of the longest-running NBFC congregation, the Elets NBFC 100 Tech Summit, in Mumbai on 24th November 2022. The summit, themed “NBFCs, Building New Bharat with Technology,” garnered strong industry backing.
This gathering showcased over 15 insightful sessions, panel discussions, and tech presentations. It brought together more than 40 leading tech luminaries for a day of collaborative learning, exploring the latest innovations, challenges, and growth prospects in the NBFC domain.
Through the NBFC100 Tech Series, Elets underscored the pivotal role of NBFCs. With this year’s 12th installment, the emphasis was also on the increasing significance of NBFCs in the financial empowerment of Bharat.
The summit was supported by a host of partners: Sa-Dhan served as the host partner, FIDC as the supporting partner, Credgenics as the debt collection digitization partner, Provenir as the risk analytics partner, REZO.AI as the voice-AI partner, SkaleUPl as the networking partner, and TALISMA as the CRM solutions partner.
13th NBFC100 Tech Summit, New Delhi Reshaping Finance: Digital Revolution
On 27th April 2023, Elets Technomedia successfully hosted the 13th Elets NBFC100 Tech Summit at the Hotel Crowne Plaza in New Delhi. The event attracted prominent stakeholders from the NBFCs sector, encompassing industry magnates, policymakers, investors, and tech aficionados.
Centered on the revolutionary methods through which NBFCs are reshaping the dynamic financial arena, the summit delved into contemporary trends and challenges, emphasizing digital metamorphosis and cutting-edge technologies such as AI/ML.
The summit served as a pivotal juncture for NBFCs, offering a space for learning, exchanging insights, and fostering collaborations on groundbreaking strategies to instigate change and redefine the financial domain. It underscored the industry’s dedication to harnessing technological advancements and innovations to amplify financial inclusivity, bolster economic progression, and cater to customer needs optimally.
14th NBFC100 Tech Summit, Chennai Innovating Finance: Financial Frontier
On 2nd August 2023, Elets Technomedia in collaboration with The Banking & Finance Post successfully hosted the 14th edition of the Elets NBFC100 Tech Summit at the Hilton, Chennai. Recognized as the longest-standing NBFC Conclave, it convened distinguished leaders from the NBFC realm to delve into and champion innovations in finance.
The summit, themed “Innovating the Financial Landscape: NBFCs at the Forefront,” showcased the industry’s steadfast dedication to harnessing state-of-the-art technologies, nurturing innovation, and spearheading growth in finance. Dr. Ravi Gupta, the driving force behind Elets Technomedia and the Editor-in-Chief of The Banking & Finance Post, extended a warm welcome to the distinguished attendees. He accentuated the enduring influence of the Elets NBFC100 Tech series on NBFC tech advancements and spotlighted the sector’s impressive digital evolution, spanning customer service to back-end operations.
The event witnessed robust support from its partners, including Piscis, Thales, Technobind, WebEngage, Lentra, Polarin, Trustt, Signzy, Smartping, and Decentro. Exhibitors like Primesoft, Celusion, Isolve, Leegality, ESDS, Bautomate, Smoad Networks, Finequs, and Veefin showcased their offerings, while FIDC and Sa-Dhan extended their backing as Supporting Partners.
In a grand culmination, the Elets 3rd NBFC100 Leader of Excellence Awards were presented to exceptional contributors, lauding their unparalleled leadership and commitment to elevating industry standards in the NBFC sector.
15th NBFC100 Tech Summit, Mumbai Advancing the Digital Disruptions
As the financial world rapidly evolves, digital disruptions are at the helm, steering innovation and progress. Recognizing this transformative wave, Elets Technomedia and The Banking & Finance Post are gearing up to host the upcoming 15th edition of the Elets NBFC100 Tech Summit, a distinguished chapter in India’s longest-standing NBFC congregation. Slated for 11th October 2023 at ITC Maratha, Mumbai, the summit is themed “Advancing the Digital Disruption in NBFCs.” It aspires to be a melting pot of industry veterans, visionary thinkers, tech trailblazers, and influential policymakers, fostering a day filled with profound dialogues, networking opportunities, and knowledge sharing.
The Journey Continues
Over the years, the Elets NBFC100 Tech Summit has established itself as a premier platform for dialogue, collaboration, and knowledge sharing in the NBFC sector. Each edition has shed light on the pivotal role of NBFCs in addressing diverse financial needs, especially in areas underserved by traditional banking institutions. The summit’s emphasis on innovation, digital transformation, and the importance of financial inclusion has resonated with industry stakeholders, making it a must-attend event for anyone involved in the NBFC sector. As we look forward to the fifteenth edition and beyond, the Elets NBFC100 Tech Summit remains committed to fostering a brighter and more inclusive financial future for India.
From its inception to the upcoming 15th edition, the Elets NBFC100 Tech Summit has been a beacon of innovation, discussion, and transformation in the NBFC sector. As we gear up for the fifteenth edition, the journey of innovation, discussion, and transformation continues, promising a brighter future for the NBFC sector.
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