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Issue Highlights

Issue Highlights of May 2023

Digital to Educate & Differentiate

At Finnoviti 2023, CEOs become thought leaders about not leveraging digital as a copycat tool, but rather as a driver of customer education that is aligned with fast paced innovation and a differentiator that creates value:

Mehernosh tata, ED & CEO, ECLFinance
Satyajit tripathy, MD & CEO, United India Insurance
Kamayani aniruddh nagar, CEO, Wealth, Bajaj Capital
Himanish Chaudhuri, Partner & Financial Services Leader, Deloitte India
Manoj agrawal, Group Editor, Banking Frontiers (Moderator)

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CRM integration with AI, ML improves CX

Increasingly integrating marketing automation functionality into its CRM systems allows Credit Wise Capital to target and engage with potential customers more effectively:

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Revelations from a leadership conversation

Shantanu Rege was recently appointed as MD & CEO at Mahindra Rural Housing Finance. He and Manoj Agrawal had an in-depth conversation about leadership from multiple perspectives. Several interesting incidents and anecdotes take this conversation right to the heart:

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The Goalpost: Transition to a seamless digital model

Going Digital is an imperative! It is no longer an option! Companies continue to invest tens of billions of dollars aiming to achieve their transformation goals. Most of them have done the easy work of acquiring basic digital capabilities, typically, by making a shopping list, buying the chosen technologies, and plugging them in with the help of technology experts. And yet, digital transformation projects often either get massively delayed or derailed in delivering tangible outcomes. A big-bang approach is not necessarily the solution. To be competitive, enterprises need a holistic transformation.

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A Trailblazer Technocrat

The Co-Founder & CEO of IppoPay, Mr. Mohan K, is a business enthusiast with 14 years of market experience in fintech and software technologies. He hails from a fishermen family in a village near Rameshwaram in Tamil Nadu. Breaking the shackles and challenges in a life of minimal opportunities, Mohan came to Chennai and founded ‘RoamSoft’, a software development company.

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RXIL targets state govts & international business

TreDS is innovative digital platform where MSMEs can auction their trade receivables at competitive rates, through online bidding by financiers, and gain access to capital in less than 48 hours. The MSME industry is the growth engine of the Indian economy, accounting for 30% of the nation’s GDP, 48% of the total exports, and 40% of the employment of India’s total workforce. Ketan Gaikwad, MD & CEO at RXIL),

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India’s first RegTech Conclave by Zone Startups India and GIFT City – a success!

Conclave, first time in India. It is a need for all stakeholders-not just the RegTech companies but all stakeholders like the regulators and other regulated entities. The Conclave is a first step. I wish it continues in the coming years as well.’’ Mr. Gandhi also launched a report on India’s regtech landscape ‘RegTech – Gaining Momentum’ prepared by Deloitte, India alongwith Mr. Rohit Mahajan (President-Risk Advisory, Deloitte, India), Ms. Aruna Pannala (Partner-Risk Advisory, Deloitte, India) and Mr. Gaurav Prakash (Chief Strategy Officer-Zone Startups India).

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SRCC now a major concern for businesses across the world

Strikes, Riots and Civil Commotion, or SRCC in abbreviation now common across the world, are being fuelled by ‘anger over growing social inequality and the cost-of-living, foundering faith in governments and institutions and increasingly polarized politics, together with a rise in activism and environmental concerns’, says a report by global corporate insurance carrier and risk consultancy firm Allianz Global Corporate & Specialty (AGCS).

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CTO is the new vice-captain of the compliance team

Arun Poddar, CEO, Choice International & Vikas Gupta, Chief Compliance Officer at Canara HSBC Life Insurance, reveal the various challenges of compliance relating to data governance, training programs & new developments:

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Financial wrap-around for electric vehicles

In a joint conversation Sumeru Shah, Head of EV 2-wheeler & Sivaprasad Patnaikuni – Head, of EV 3-wheeler at Ecofy reveal the business scenario, tie-ups, and future opportunities for EV finance business:

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