ICICI Bank organises MSME conclave in Chandigarh
Promoters and CFOs of over 200 MSMEs participated in the conclave
Chandigarh, April 26, 2019: ICICI Bank organised a conclave for MSMEs (Micro, Small and Medium Enterprises) in Chandigarh to discuss the role of digital banking to make business more convenient to the segment. The conclave is part of the Bank’s initiative across the country to reach out to MSME companies. The conclave saw a participation of promoters and Chief Financial Officers (CFOs) of over 200 companies from various industries based in Chandigarh, Panchkula and Mohali.
Mr. Vishal Batra, Retail Business Head – North Zone, ICICI Bank said, “ICICI Bank has always leveraged technology to pioneer digital innovations to provide a world-class banking experience to its customers. The MSME sector in India employs the largest workforce and is the backbone of our economy. In our experience, we have seen that MSMEs typically go through various stages. We as a bank want to offer digital solutions to the MSME companies at every stage of their lives. In line with this guiding principle, we have digitised an array of solutions that can enable the MSME companies to transact seamlessly and grow to their maximum potential. The MSME Conclave at Chandigarh showcases our digital banking products that cater to the varied business needs of MSME customers.”
The conclave witnessed an engaging panel discussion with experts from industry associations, leading industrialists of the city along with senior officials of ICICI Bank. The topics covered in the discussion included emerging opportunities and challenges faced by MSMEs, outlook on international market and its impact on India, future course of forex market and the need for digital banking platforms for the MSME segment.
Panelists comprised of representatives from renowned industries in the city, including Dr. P.J. Singh, Managing Director, Tynor Orthotics (P) Ltd.; Ms. Archana Gupta, Director, Damcosoft Pvt. Ltd. and Mr. Samar Singla, CEO, Jugnoo; along with ICICI Bank officials namely Mr. Vishal Batra, Retail Business Head (North); Mr. Gaurav Arora, Zonal Head (ETRG) – North; Mr. Bhupesh Aggarwal, Zonal Head (Retail) and Mr. Arup Ganguli, Zonal Head (SMEAG) – North.
ICICI Bank is the first in the country to have introduced a multitude of digital innovations for MSMEs, which provides them with a state-of-the-art digital facility right from the stage of initiation till maturity.