September 2018 \ Business & Investment \ BUSINESS AND GOVERNANCE
“Technology must always be used for the betterment of society”

The Economic Times successfully concluded the inaugural edition of the BFSI Innovation Tribe Awards & Summit at Hotel Sahara Star today...

 

The esteemed panel of speakers included Manoj Adlakha, CEO, American Express; Rakesh Singh, CEO, Aditya Birla Finance; Sanjaya Gupta, MD, PNB Housing Finance; Suresh Sethi, CEO, India Post Payments Bank; Surojit Shome, CEO, DBS Bank; Suniti Nanda, Fintech Officer, Maharashtra Government; Balsingh Rajput, Superintendent of Police, Cyber Cell, Maharashtra Police; Madhivanan Balakrishnan, CTDO, ICICI Bank; Rajeev Ahuja, Executive Director, RBL Bank; MukulSachan, Co-Founder, Lendingkraft; Rajnish Khare, Head Digital – Banking, HDFC Bank; JitendraMahapatra, AVP & Head – Digital & Payments Analytics, Axis Bank; Puneet Kumar, Senior Executive Vice President, Kotak Mahindra Bank; Mrutunjay Mahapatra, DMD & CIO, State Bank of India; Deepak Sharma, Chief Digital Officer, Kotak Mahindra Bank; Papia Sengupta, Executive Director, Bank of Baroda; Devendra Kumar Vyas, CEO, Srei Equipment Finance; Nanda Sambrani, Head – ERCG, Reliance General Insurance; Rahul Chari, Founder & CTO, PhonePe; Sangram Singh, CEO, Freecharge; Ketan Patel, CEO, CASHe; Vivek Gupta, Country Head, R3; Raman Aggarwal, Chairman, FIDC; Y. S. Chakravarti, ED & COO, Shriram City Union Finance; Adv. Puneet Bhasin, Cyber Law Expert – Proprietor/Founder Cyberjure Legal Consulting, Amit Godhekar, VP – Cyber Security Motilal Oswal Financial Services; Deepak Sharma, Chief Digital Banking Officer, Kotak Mahindra Bank; Ratna Pawan, Security Risk HSBC Operations & Technologies, S. Sridharan, VP – CISO, NCDEX, Sanjay Sharma, MD Ayefin; and Sridhar Sidhu, Head – Enterprise Information Security Service & Regulatory Compliance Risk Services Groups Wells Fargo.

Sharing his thoughts at the summit Shri Deepak Vasant Kesarkar, Maharashtra’s Minister Of State-Finance, Rural Development, Government of India said, “Technology must always be used for the betterment of society. We cannot think about just urban India. Rural India, which comprises 80% of India’s land area, can use technology across farming, agricultural areas, horticulture and much more. For instance, connecting farmers in rural areas with consumers in urban areas will see both profit, and that is when technology will be at its most useful. We are looking to use technology to improve the lives of Indians across rural and urban India.”

Speaking on the occasion, Ms. Suniti Nanda, Fintech officer, Maharashtra Government said, “When people are creating FinTech solutions, but we’re not adopting them, there is a problem to be addressed. It’s very easy to say that this is an issue with the startups, but these are excuses and we need to see what the issue is and fix it. If you look at the number of startups shutting shop on a daily basis, it’s not a good sign. If we want to see India as a global innovator, we need to do more. That’s why the government of Maharashtra has created a FinTech policy earlier this year.”




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