As India advances towards a more inclusive and digitized financial future, the NBFC Transformation Conclave 2025, hosted by Team Marksmen Network, emerged as a timely and powerful platform to steer strategic discussions shaping the Non-Banking Financial Company (NBFC) landscape.
Held in the heart of Mumbai, the conclave brought together some of the most influential minds in finance, technology, and regulation, with a shared goal: to explore bold, innovative solutions to transform NBFCs into future-ready institutions driving financial empowerment.
With India’s NBFCs capturing a significant 22% share of the credit market and projected to grow by 17% in FY25, the urgency to elevate operational models and mitigate emerging risks has never been greater. The conclave provided the perfect springboard to delve into this transformation journey—through engaging sessions, cross-sectoral dialogues, and actionable insights.
The day began with thought-provoking opening remarks and a Chief Guest Address by Shri. S. Ganesh Kumar, Former Executive Director, Reserve Bank of India, spotlighting the evolving regulatory environment and its implications for NBFCs. His keynote set the tone for the day, emphasising that while regulatory evolution is necessary, a compliance-first mindset and adaptive risk frameworks are essential to future-proof growth.
The Leadership Panel, featuring experts from Aadhar Housing Finance Ltd., Nuvama, and Hero Housing Finance Ltd., addressed how NBFCs can balance robust risk management with aggressive growth, build operational resilience, and drive scale with innovation. Leaders emphasised that in a volatile financial ecosystem, resilience is the new currency of success.
Technology and innovation took center stage in a compelling panel on leveraging emerging technologies like AI, ML, blockchain, and RPA. Speakers from Mirae Asset Investment Managers, JM Financial Asset Management Ltd., Auxilo Finserve, and Poonawalla Fincorp discussed how digital disruption is reshaping credit lifecycle management and reducing friction through automation and predictive analytics.
Fireside chats offered deep dives into co-lending challenges and the dynamics of retail lending risk, while the risk management panel anchored discussions on embedding a compliance-first culture and enhancing credit evaluation models using advanced analytics. A critical takeaway was the importance of proactive risk identification and deploying biometric authentication and digital KYC to mitigate emerging threats.
Cybersecurity, a growing concern in the digitized financial landscape, was addressed in a masterclass by Deloitte South Asia’s Gaurav Khera. With cyberattacks on financial institutions rising, leaders discussed the implementation of advanced cybersecurity frameworks and the need for rapid threat detection mechanisms.
Capping off a powerful day of insights and innovation was the felicitation ceremony honoring the ‘Most Impactful NBFCs 2025’. This recognition celebrated a select cross-section of trailblazing organisations that have set new benchmarks, with organisations assessed across six vital pillars:
- Innovation Adoption
- Financial Inclusion Impact
- Regulatory Compliance Standards
- Sustainable Growth Metrics
- Risk Assessment and Resilience
- Customer Experience Transformation
The firms that were recognised not just for their performance, but for redefining what it means to be a purpose-driven NBFC in today’s digital economy are
- Aditya Birla Capital
- Enkay Financial Services
- IIFL Finance
- Julius Baer Capital India
- Muthoot Fincorp Ltd.
- Poonawala Fincorp Limited
- SMFG India Credit Company limited
- UGRO Capital
Sharad Gupta, Co-founder and Managing Director, Team Marksmen Network, summed up the spirit of the event, saying, “The NBFC sector is playing a central role in scripting India’s financial inclusion story. The insights shared at this conclave are not just conversations—they’re a call to action. We are proud to provide a platform that empowers industry leaders to co-create solutions that are innovative, inclusive, and future-focused. The recognition of the Most Impactful NBFCs is a testament to the sector’s transformational potential, and we look forward to seeing these ideas translate into measurable impact.”
As the curtains come down on the NBFC Transformation Conclave 2025, it is clear that with collaboration, innovation, and a shared vision for inclusive growth, NBFCs are set to lead India’s next great financial transformation.
To know more about this unique initiative, write to us at [email protected].
About Team Marksmen
Through an array of bespoke industry-centric knowledge platforms, using a variety of formats, such as Roundtables, Summits & Conferences, Workshops, and Recognition Ceremonies, Team Marksmen helps senior industry decision makers navigate through issues of critical importance and informs their world-view for better decision-making.
Team Marksmen has successfully executed more than 20 events with 300+ domestic and international B2B and B2C brands, helping businesses across industries create opportunities to engage audiences through on-ground and virtual experiences.
The organisation empowers industry leaders by providing them with insights, ideas, and opportunities that fits their unique industry and context. Through content shared via its flagship website, Marksmen Daily, and print magazine ‘in Focus’ focused on business, leadership, and lifestyle, they help advance the practice of management. Meanwhile, through strategic initiatives like Marksmen Media, it helps organisations achieve objective through a plethora of bespoke digital and content strategies.
