Members participated in the E- Panel discussions:

  • Mr Prasanna Divekar, Former Vice President  & Head NRI Business, HDFC Bank
  • Mr Arun Tanksali, Co-founder & CTO, Nearex
  • Mr Manish Khera, Former Founder, MD & CEO, FINO
  • Mr Riaz Maniyar, Founder & CEO at easy2lend.com
  • Mr Surendra Jalan , Founder & CEO at OHMY technologies Private Ltd
  • Mr Ravi Virwani, Vice President – Rural Home Loans, Fullerton India Home Finance Company Ltd  
  • Mr Rishi Prakash Mantri, Senior Vice President (Digital Payment – Solurtions &Design , YES Bank
  • Mr Roopesh Chandran, Director Business Development, Visa  
  • Mr Shashank Kumar, Co- Founder at Razorpay
  • Mr Kamonasish Aayush Mazumdar, Chief Marketing Officer, MeraEvents  
  • Mr Rajiv Rai , Chief Digital Officer, Edelweiss Financial Services  
  • Mr Ajay B Panicker, CEO & Founder, NetPay Limited
  • Dr R Bhaskaran, Former Chief Executive Officer, IIBF
  • Mr Manish Diwaan, Senior Product Manager, VP Bank, Vietnam
  • Several other CEO/CXO Bankers & Fintech professional on FIAKS Forum  

FIAKS community Question

Looks like Banks are surrendering lending market to Google and taking up a back office job? Why didn’t banks ask Google to work on innovative products in rural areas instead of offering them lucrative urban market?

FIAKS Community Discussions  

The news of Google teaming up with Banks in India to provide pre-approved loans in a matter of minutes by passing the hassle of paperwork had triggered the following questions in FIAKS community –

Question 1 Aren’t bank surrendering retail lending space to Fintech app Google Pay?   

Question 2 Is Google becoming a Loan Aggregator app like policy bazaar or bank bazaar? What’s the future of these companies?

Question 3 Is Google only lead generation app? Or is Google going to be the decision maker on what monies will get credited into applicants account within agreed TAT?

Question 4 Isn’t this a start of banks becoming back-office operations and customer relationships will be with fintech app like Google Pay

Question 5 What’s future of NBFC & Small Finance Banks (SFB) with Google Pay entry into Retail & SME lending

Some responses to questions from community members were:

Register & Read the entire discussions 

Please register to unlock the full content!

 

Related Post