Several CEO/CXO/Founders from FIAKS Community participated in the discussions:
- Mr Vikram Kaushal, Managing Partner– Vardhan Ceqube India Investment fund
- Mr Chris Wakare, Founder & Managing Partner, IntelliConnect Technologies
- Mr Sugata Datta. Former Advisor & Chief General Manager, Bank of India
- Mr Manish Khera, Former Founder, MD & CEO, Fino
- Mr P D Singh, Former General Manager, Bank of Baroda
- Mr Ghosh, Associate Editor, Economic Times
- Dr R Bhaskaran, Former Chief Executive Officer,IIBF
- Mr Sridhar R, President & Credit Risk Officer, Lakshmi Vilas Bank
- Mr Kamonasish Aayush Mazumdar, Chief Marketing Officer, MeraEvents
- Dr R Bhaskaran, Former Chief Executive Officer,IIBF
- Mr Riaz Maniyar, Founder & CEO at easy2lend.com
- Mr Ajay B Panicker, CEO & Founder, NetPay Limited
- Mr Sony A, Head – Digital, South Indian Bank
- Mr Abhay Kulkarni, General Manager Sales, Worldline Global
- Mr P B Prakash, Head Financial Institutions Group, Indusind Bank
- Mr Vikas R Panditrao, Advisor, Forum of Industry Academic Knowledge Sharing(FIAKS)
- Several other CEO/CXO Bankers & Fintech professional on FIAKS Forum
FIAKS community had a very lively discussion on the newspaper article of Reserve Bank saying that it can cut cash ratio by 2% and release 2 trillion rupees into the economy. A member of the community thinks that this release of 2% will bring liquidity. According to our member, it’s not the liquidity alone which is critical for the market. Today, the challenge is of the risk aversion which the Financial Institution fear. With over 11 banks in PCA and liquidity for NBFC almost drying / cost of credit growth in the last few months, we are in a situation where we need to focus in building confidence in banks & financial institution to start re-evaluating the credit and risk and not be averse.
One of the members hypothesize that out of the 2 trillion if 50% goes to the big corporates then it will not benefit people at all. Keeping the Lehman Crisis in mind, the money pumped into the system reached only a select few corporates.
Register and read the summary of the discussions.