8th National E-Summit on Non-Banking Finance Companies & Infrastructure Financing

Non-Banking Finance Companies (NBFCs) play a very crucial role in the economy as they provide credit to Micro, Small & Medium Enterprises (MSMEs). NBFCs also provide credit to consumers and others in the unorganized sector in an organized and systematic manner. Being specialized financial institutions, they have unique appraisal methods and have better coordination and collection mechanism to deal with the customers, unlike banks.

Infrastructure is an enabler for growth and road ahead for infrastructure financing in India looks promising despite the macroeconomic headwinds. India’s ambition of sustaining its relatively high growth depends on one important factor: infrastructure. Several alternative and long-term funding avenues are being explored in addition to the traditional sources.

Keeping these imperatives in mind, the ASSOCHAM Department of Banking & Financial Services is organizing the ASSOCHAM 8th National E-Summit Non-Banking Finance Companies & Infrastructure Financing “Transforming the Financial Lending Landscape”. The outcome of this effort will be an increase in trust, affordability & accessibility in the industry and financial Lending Market. The Chief Guests for the Event is Shri Jayant Sinha; Hon’ble Member, Parliament & Chairperson, Parliamentary Standing Committee for Finance & Special Address will be given by Shri S Raman, CMD, Small Industries Development Bank of India, Shri Ajit Pai; Distinguished Expert Economics & Finance, NITI Aayog, Shri Ashok Soni; Executive Director, Pension Fund Regulatory & Development Authority