BANKING & FINANCIAL SERVICES INDUSTRY SUMMIT-2009 (BFSI Industry Summit)

Venue: Hotel Taj President, Mumbai

Location: Mumbai, Maharashtra, India

Event Date/Time: Feb 09, 2009 End Date/Time: Feb 09, 2009
Early Registration Date: Jan 31, 2009
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Description

In the recent time world economy has developed certain serious economic difficulties, in the first instance failing of banking & financial institutions and secondly the global economy has been badly affected by falling demand in major economies. Since the prospects have become very uncertain and rather dim, there has been a slack in the levels of economic activities causing recession in major economies. The chief characteristic of the recession is that, while on the one hand there are large unutilised industrial capacities in the economic system on the other hand infrastructure and other developments becoming deficient leading to future contraction in demand.

India has not been kept untouched by these conditions though our sound banking policies and other regulatory measure have protected us from the downturn and is evident from the fact that we still can grow our GDP by 7% and above but, there is a situation of imbalances and distrust been developed among the corporates & financial institutions in the economic system. The most curious aspect of the present situation is that the price level of industrial and agricultural goods continues to be very high despite the slack in demand.

In this context, it has become necessary to examine the role that the Banking & Financial system of the country which has played substantial role in promoting the long term growth of the economy as well as in creating conditions in which further growth of industry and infrastructure has been witnessed in recent years. In respect to the present scenario, the role of bank credit is an important factor to be examined in, so as it helps to create the favourable situation as well as maintain it for a long period to boost economy. In addition, both political and regulatory commitment to long term programme of planed development requires a greater attention & measures which seek to attain economic stability and growth. The need for today is to build trust among the Financial Institutions and Industry supported by effective policy measure taken by the regulatory authority in order unleash a process of development which will raise standards of living, help to create new economic opportunities for the vast masses of the country, and lead towards the establishment of economic stability as a whole.

The Associated Chambers of Commerce and Industry of India (ASSOCHAM), the apex body of the Chambers of Commerce of India, has taken initiative by organizing a “Banking & Financial Services Industry (BFSI)” Summit 2009 where analysts and consultants from global industry can elaborate in more detail on issues and solutions affecting the BFSI sector & industries dealing with them. Through this platform, the senior bankers will interact with the leaders of the industry and commerce in discussing their role and aspirations in the development of the Indian economy.

There will be active participation by the Government of India, Reserve Bank of India, Public/Private Banks, and Major industry players.

Venue

90, Cuff Parade
Mumbai
Maharashtra
India
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Additional Information

Chief Guest / Guest of Honour •Shri Pawan Kumar Bansal, Hon’ble Minister of State for Finance & Parliamentary Affairs •Shri Montek Singh Ahluwalia, Deputy Chairman, Planning Commission * •Dr. D. Subba Rao, Governor, Reserve Bank of India* •Shri Arun Ramanathan, Finance Secretary, Ministry of Finance* *Requested Speakers •Shri O.P. Bhatt, Chairman, State Bank of India •Shri M.D. Mallya, CMD, Bank of Baroda •Shri T.S. Narayanasami, CMD, Bank of India •Shri A.M. Naik, Chairman, Larsen & Toubro Ltd. •Shri A.P. Kurian, Chairman, AMFI •Shri P.K. Choudhary, Vice Chairman & Group CEO, ICRA •Shri S.B. Mathur, Secretary General , Life Insurance Council •Shri Omkar Goswami, Founder & Chairman, CERG •Ms. Latha Venkatesh, CNBC These and other eminent speakers have been invited and confirmations are awaited Special Steering Committee Conference Chairman Shri Sajjan Jindal President, ASSOCHAM and Vice Chairman & Managing Director, JSW Steel Ltd Members •Dr. M.D. Mallya,Chairman & Managing Director,Bank of Baroda •Shri Nasser Munjee, Chairman, Development Credit Bank Ltd. •Shri Anindya Dutta,Managing Director & Head (Capital Markets),Calyon Bank - India •Shri S.R. Rao,Executive Director,Export Import Bank of India •Shri P.K. Choudhury,Vice Chairman & Group CEO,ICRA Limited •Shri S.C. Aggarwal, Chairman & Managing Director, SMC Global Securities Ltd. •Shri C.J. George, Managing Director, Geojit Financial Services Ltd. •Shri Sanjay Bansal, Managing Director, Ambit Corporate Finance Pte. Ltd. •Shri Sunil Gulati, Group President – C&IB, ECB, TBG, Intl. Banking, IFI & CDIS, Yes Bank Ltd. •Shri Ashvin Parekh, Partner & National Leader - Global Financial Services, Ernst & Young Pvt. Ltd. •Shri Conrad D'Souza, Sr. General Manager (Treasury),HDFC Limited •Shri G. Ramasubramanian, Sr. General Manager, Fiserv Patrons Dr (Mrs) Swati Piramal, Sr. Vice President, ASSOCHAM Shri, Dilip Modi, Vice President, ASSOCHAM Shri, D.S Rawat, Secretary General, ASSOCHAM