AMFI-WB organises Banking Summit 2015

The objective of the summit is to actively engage key stakeholders to ensure a well- informed and supportive environment for MFIs to move forward. 

Parwez Ahmed Siddiqui, Director, Treasury & Accounts and Secretary, Finance Department,  Rudra Narayan Kar, Regional Director, RBI-Kolkata, T S Raji Gain, CGM NABARD, P Srinivas, CMD, UBI,  Arun Kaul, CMD, UCO Bank, Ajit Kumar Maity, Founder and Chairman, Village Financial Services,  Chandra Shekar Gosh, MD, Bandhan, Samit Ghosh, Founder and MD, Ujjivan Microfinance, Kuldip Maity, MD & CEO, VFS PL, Shubhankar Sengupta, Founder and CEO  Arohan, Jagadananda, Chariman, Sa-Dhan, Alok Prasad, CEO MFIN Asok Kumar, MD West Bengal IDFC were present as key speakers at the summit.

Kuldip Maity, MD & CEO, Village Financial Services (VFS) said, “Still there is a huge demand and supply gap in the credit flow in Bengal and eastern region. If we really want to reach the unbanked people, Banks need to extend their credit support to more MFIs and in larger volumes especially to those organisations, who are working in the rural and remote corner of the state as they are facing funding problem.

He also added, “Once MUDRA Bank starts working, there will be a good credit flow in this unbanked segment through MFIs.”

(Reporting by Jagrick Dey)