6th Eastern India Microfinance Summit 2022

“Reimagining Microfinance in Light of the Emerging Regulatory Paradigm”

21st April 2022 at the Park, Kolkata
Organized by: AMFI-WB
Knowledge Partner: M2i
In Partnership with: MFIN and Sa-Dhan

Program Schedule

9.30 - 10.00 AM	Registration
10.00-11.30	Inaugural Session The inaugural session will discuss the key issues around the main theme of the Summit to reimaging microfinance in light of the emerging regulatory paradigm. The key issues discussed in this session will include   How will the new regulations serve to enhance the cause of financial inclusion in the country? What will be the specific impact of these regulations on banks, NBFCs, BC Companies and not for profit companies? Will the new regulations enable enhanced capital flow in the sector? To what extent are the new regulations recognition of resilience displayed by the MFIs and clients during the COVID-19 crisis How will the MFIs be better equipped to deal with a COVID-19 like crisis, under the new regulatory framework? Welcome and Introduction: Ajit Kumar Maity, Chairperson, AMFI-WB Special Address: Mr. Sudatta Mandal, DMD, SIDBI, Mumbai Keynote address: Mr. R. Kesavan, Regional Director, Reserve Bank of India Inaugural address: Mr. Chandra Shekhar Ghosh, MD, Bandhan bank Special address: FMr. Sudip Kumar Sinha, IAS, Secretary, Finance Department, Government of West Bengal, Nabannya Address: Mr. Jiji Mammen, MD, NABFINS Special address: Dr. A.R. Khan, CGM, NABARD Special Address: Mr. Sujay Kumar Yadav, GM, Network-II, State Bank Of India, Local Head Office, Samriddhi Bhavan   Felicitation to Mr. Jiji Mammen, MD, NABFINS for remarkable contribution to Financial Sector as well first CEO of MUDRA and One of the major Leaders of NABARD and now, its Subsidiaries NABFINS as Honorable MD.   One or two more Senior Leader may be felicitated based on their concern   Release of the Thought Leadership document: Mr. Manoj Nambiar and Mr. Anjan Dasgupta jointly would release the documents in present of all Inaugural Speakers.   Presentation of Microfinance Status in West Bengal and Eastern India – By ICRA or Care Ratings   Memento presentation to Bank delegates/dignitaries –this memento presentation would continue throughout the Summit as per their presence in the Summit
11.30-11.45 AM	Tea break
11.45 AM-1.00 PM	Session 1: The New Regulatory Framework - opportunity to serve the clients better: The new regulatory framework announced by the RBI arguably brings the most significant changes in the regulations for the MFIs after 2011. It is already being acknowledged that the new framework recognizes the growing maturity and importance of the MFIs in financial inclusion. This also recognizes the growth, innovation and resilience displayed by the MFIs and their clients in the existing regulatory framework. Key topics discussed by the participants in this session will include    In what ways will the new regulations enable innovations in product development?     In what ways the new regulations enable outreach to the underserved geographical areas or population groups? In what way will these regulations encourage adoption of new technologies? How can the clients be protected from the risks arising out of use of digital technology for doing transactions?   Moderator: Dr. P Satish, ED, Sa-Dhan   Speakers Mr. Jiji Mammen, MD, NABFINS Mr. Chandra Shekhar Ghosh, MD, Bandhan Bank Mr. Manoj Nambiar, MD, Arohan and Board Member, AMFI-WB Dr. Vinay Singh, Head, Self Regulation & Compliance Officer, MFIN Mr. Vivek Newatia, CA, special invitee in Accounting Standard Board and a member of Ind-AS/ IFRS Advisory Group & Kolkata Financial Reporting Review Group
1.00-1.30 PM	Announcement of Microfinance Awards Mr. Anjan Dasgupta Secretary, AMFI-WB Senior Representative from MFIN Dr. P Satish, ED, Sa-Dhan
1.30 PM to 2.30 PM	Lunch
2.30 PM - 3.45 PM	Session 2: Challenges of financial inclusion in Eastern India Eastern India is home to over 50 microfinance institutions.  The region is also densely populated with a large proportion of population engaged in agriculture and micro enterprises. Eastern India has displayed good growth and portfolio quality over the past several years. High potential of microfinance has also attracted MFIs from across the country. Most of the prominent MFIs in India have operations in Eastern India. This session will discuss the issues specific to the microfinance ecosystem in the Eastern India with focus on the following aspects Economic growth, demand and market size     Support from the government and local authorities      Complementarity with government programs      Law and order and physical infrastructure     Portfolio quality related aspects     Role of national level SROs (Sa-dhan and MFIN) in Eastern India   Moderator: Anjan Dasgupta, MD, ASAI and Secretary, AMFI-WB   Speakers Mr. Vivek Tiwary, MD, Satya Micro Capital Dr. Kuldip Maity, MD, VFS Capital and Board Member, AMFI-WB Mr. Debabrata Das, GM & ZH, Bank of Baroda Zonal Office, Baroda Tower Mr. Sachin Sachdeva, Vice President, Sector Head - Financial Sector ratings, ICRA Mr. Samrat Mukherjee, DGM, NABARD
3.45-4.00 PM	Tea break
4.00 PM - 5.15 PM	Session 3: Serving clients with diverse product offerings Microfinance Institutions serve a variety of financial needs of their clients. While most of the loans have traditionally been provided to the clients for income generation purposes, the MFIs now offer a variety of products for their clients such as loans for housing, education, water and sanitation and energy requirements. Varieties of insurance products are also being offered through the MFIs. In this session, among other things, the panelists will discuss the following important issues      Building household level resilience through micro insurance products   Making products more efficient and effective with more appropriate use of technology.        Serving the missing middle segment through micro enterprise financing Promoting green energy with financial products   Moderator:Mr. Rahul Bist, Partner & Co-Founder, M2i   Speakers Mr. Surjendra Kulia, Co-Founder and CEO, Zopper, Solvy Tech Solutions Pvt. Ltd. Mr. Amit Gilra, Associate-Partnership and Sales, Augmont Goldtech Private Ltd.br Ms. Sonali Mehta Rao, Co-Founder and Chief Growth Officer, Awaaz.De Mr. Neeraj Maheswari, Co-Founder & CEO, m-Swasth Mr. Prateek Jain, Director-Sales and Partnership (BFSI), Leegality Mr. Barun Kumar, DGM- Regional Head, Union Bank Of India, Regional Office-Kolkata Mr. Ashish Agrawal, Director, Resurgent India Mr. Vikul Goyal, Founder and CEO, Bimaplan
5.15-5.30 PM	Vote of thanks

N:B: There may be few addition/alternation for Speaker and Panelist subject to situation arises.