Building Economic Bridges: NBFCs and India’s Growth Story

30 July, 2025 | 2:00 PMVenue : CRF Office, New Delhi

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.

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