For governments in both developed and emerging markets, banking the unbanked (urban and rural) has been the primary objective. The Indian government launched Pradhan Mantri Jan Dhan Yojana scheme for comprehensive financial inclusion with the goal of opening a bank account for every household. One of the visions of the government’s Digital India campaign states that “mobile phone and bank account would enable participation in digital and financial space at individual level”. Mint has taken a step forward and initiated a flagship event called the South India Banking Conclave, one of the biggest banking events in South India.

Some of the niche people and leaders from the banking and finance sector assembled under one roof to discuss the significant problems pertaining to this sector. 

The second edition of the Mint South India Banking Conclave attracted some of the top government officials and experts from the sector and discussed how financial institutes can marry profitability with inclusion.

The event comprised of a series of three panel discussions on various critical issues faced by the Indian Banking sector.

 The keynote address was delivered by S.S. Mundra, Deputy Governor, Reserve Bank of India.

• The South India Banking Conclave is one of the ‘must-attend’ events from the house of Mint.
• The conclave was attended by senior executives from public sector and private sector banks, a leading telecom company and several top companies from the financial sector.
• The event witnessed an audience of 220 comprising top bankers, CXOs from BFSI sector, PSU heads, senior representation from regulators and government policy makers.
• At the event, the discussion among industry leaders addressed questions like – Are the banks not lending because they have capital issues or because there aren’t many takers with the economy remaining lacklustre? Are banks doing enough in terms of technology innovation to transform banking and help customers?

The conference comprised of high intensity discussions and debates on the matter critical to the sector such as
– Banking on Technology, Innovation is the Key
– Financial Inclusion: Banking the Unbanked – The way forward
– The debate on “When will Indian Banks start lending again”
The discussions were moderated by Tamal Bandyopadhyay, Consulting Editor, Mint

Technology, Innovation and Banking

Venue : Ritz Carlton, Bangalore

Date : 27 April, 2015