Reported by: banking|Updated: May 23, 2018
With GST and demonetization challenges having subsided, the sentiments are positive for a rapid economic growth for India. Accordingly, credit too is poised to grow remarkably. The banking sector is saddled with NPA challenges and may not seem to be in a position to fulfil the credit needs of the economy. This is a golden opportunity for NBFCs and HFCs to scale up retail loans, housing loans, corporate loans, SME financing, project financing, etc.
Taking advantage of the opportunity is not a cakewalk. The risks of NPA and fraud are formidable. The faster the growth, the higher the complexities of collections. There is also a pricing pressure as customers have got accustomed to lower policy rates. Companies like Google, Amazon, Facebook, Apple, etc are continually re-setting the bar for UX and CX standards. Deploying appropriate technologies that closely align with business reality is a critical success factor. Regulations and legislation pertaining to data privacy, complaints handling, construction sector, smart cities, housing for all, etc, have a huge bearing on the business.
Recognizing this golden opportunity for NBFCs and HFCs, Banking Frontiers is organizing a series of seminars to comprehend the credit needs and deliberate the desired strategies to achieve stable and risk-free growth.
The deliberations will cover 4 key aspects:
Strategies for business & sales growth
Strategies for data, technology & digital transformation
Strategies for managing risk, compliance & NPA issues
Strategies for achieving & maintaining customer delight
Durgesh Nadkarni 90044 46026 [email protected]
Ashish Verma 77386 15499 [email protected]