Moderaters
Mr. Shishir Priyadarshi
President, Chintan Research Foundation
Speakers
Mr. Mrityunjoy Mukherjee
Director, FICCI
Mr. Saugata Bhattacharya
Senior Fellow, CPR; former Chief Economist & EVP, Axis Bank
Dr. Saibal Paul
Deputy Director, Sa‑Dhan
Mr. Vikas Arora
EVP & Business Head, Shriram Finance
Ms. Jasoda Gulliya
Chief Strategy Officer, FynX Capital
Mr. Vineet Ranjan
Head - Risk, Kosh
Mr. Dhanendra Kumar
IAS (Retd.)Former Chairman, Competition Commission of India; ex‑ED, World Bank
Mr. Ashok Kumar Sharma
Deputy MD, CCO & CSO, State Bank of India
Event Report
On July 30, 2025 in a decisive step toward reimagining India’s financial architecture for Viksit Bharat, CRF convened a high-level, closed-door roundtable on the role of Non-Banking Financial Companies (NBFCs) at its Delhi office. The session brought together senior representatives from commercial banks, leading NBFCs, regulatory experts, and policy think tanks. The discussion focused on expanding the role of NBFCs in India’s credit ecosystem, addressing operational and regulatory bottlenecks, and charting a cohesive reform roadmap for the sector. A key outcome included the consensus on the need for harmonised regulation, flexible funding mechanisms, and a clear long-term policy vision that empowers NBFCs to support India’s development priorities without compromising financial stability.