Top Tweets for #FIBAC2018
Glimpses of FIBAC 2018 held at Mumbai on "Financial Services to SMEs in an increasingly digital ecosystem". @alokmittal001 @ficci_india
#indifi #FIBAC2018 #FIBAC #SME #Conference #SMEbusinessloans #digitallender
RBI Deputy Governor highlights measures to strengthen MSME lending: #FIBAC2018 https://t.co/eH7fa3Uqjg
Operating guidelines for lead banks and the steering committee under the inter-creditor agreement (ICA) by next week, says SBI deputy MD on the sidelines of #FIBAC2018 https://t.co/1mBwO4yik6
#FIBAC2018: No change in inter-creditor agreement, says Sashakt panel chief https://t.co/emS8633Lb4
Indian banking industry to decide the next decade for MSMEs: #FIBAC2018 Study https://t.co/OvEgGl94Zv
Banks to float AMC, alternative investment funds for stressed loans in 15 days #FIBAC2018 https://t.co/TR99Zw3lRV
Most banks involved in ICA may accept Mehta panel norms by next week #FIBAC2018 https://t.co/4zEWMXvLYO
Formalization of MSMEs important for the financial stability of the system: RBI Deputy Governor #FIBAC2018 https://t.co/chQwbiu1a7
Lenders can mine Rs 15 trillion business from digital lending to MSMEs over the next five years: FICCI, BCG, IBA Survey #FIBAC2018 https://t.co/5Vp9xsJsal
RBI Deputy Governor Highlights Measures to Strengthen MSME Lending: #FIBAC2018 https://t.co/sk8zcYEkg4
Sunil Mehta of @pnbindia avers that the brick and mortar model will transform to a lighter version, “we’re going to rationalise on branches,” he says during this CEO valedictory session of #FIBAC2018.
5 important areas for insider strategy in corporates to fight #CyberSecurity threats, as listed by @Vikasvarmamc at #FIBAC2018:
1. Monitoring abnormal activity
2. Authentication of users
3. Focus on network monitoring
4. Testing our own system
5. IT management
”data engineering is going to be key for customer access and ownership,” says Jaspal Bindra. He further posits that the delivery of finance, in combination with data engineering, has to be digitised. #FIBAC2018
“We need to get our act right; understand the customer,” said Rajkiran Rai, the MD & CEO of @UnionBankTweets #FIBAC2018
• Consumer credit in India is around 13% of GDP as opposed to 50-60% is several nations.
• Less than two crore MSME have access to credit.
: Jaspal Bindra of Centrum Group posits #FIBAC2018
"Focus on developing courses with engineering background for increasing talent management," suggests Mukesh Malik, Chief Operating Officer @abcapital, as we discuss ways to combat #CyberSecurity threats at #FIBAC2018. @ficci_india
”The distinction between a bank and a non-bank is increasingly getting blurred,” says Sanjay Chamria of @MagmaFincorpLtd during the CEO Valedictory Session on ’Building Indian financial services for the next decade’ of #FIBAC2018.
"We are working on real time threat detection & behaviour technology and there is more advancement to come,” remarks @Rakeshkharwal, Country Manager @ibm_in Security, India & South Asia, as he takes the discussion forward at #FIBAC2018. @ficci_india
Another view that came across was that IBC is not a panacea for all problems. We need to consider all methods of resolution to resolve the NPA issue. #FIBAC2018
However he highlights the positive change as he says - "We observed vulnerable services have come down from 6000 to 500, and privacy disclosure has shifted from 5000 to 300 in less than a year. We have also seen 96% decrease in ransomeware." #FIBAC2018
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