The Landslides In Microfinance Lending Topography Of India | CEOInsights Magazine
  • HP Singh,    Chairman & Managing Director, Satin Creditcare Network

    HP Singh, Chairman & Managing Director, Satin Creditcare Network

  • The smartphone revolution, Digital India initiatives, and exponentially improving the network infrastructure have combined to infuse a newfound convenience, trust, and sustainability into the financial industry. We also owe significantly to Non-bank financial institutions (NBFCs) and microfinance institutions (MFIs) for democratizing this financial empowerment. While financial literacy is still a work in progress in India, we have come a long way. According to an ASSOCHAM-PwC report, India's Fintech market is expected to expand at a CAGR of 31 percent till 2025.

    According to a report by Sa-Dhan, compiling data from 213 MFIs representing more than 99 percent of MFI activities in the country, lending in rural India rose in 2022-23, with the proportion of rural clientele reaching 74 percent. Last year, ₹71.916 crore of loans were disbursed. The union government's vision has made a massive difference in the outcome.

  • The Landslides In Microfinance Lending Topography Of India

Some 'Interim' Thoughts

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The Interim Budget 2024-25 was presented by the Finance Minister, Nirmala Sitharaman, in Parliament on February 1, after the start of the Budget Session. The budget increased the capital expenditure outlay to a record high of ₹11,11,111 crore

Human Capital and it's Understanding

By: Sudeep Kumar Sen, Vice President, Gi Group India

Sudeep Kumar Sen is a vice president at Gi Group India with more than 20 years of expertise in business expansion, new company acquisitions, and profitability in terms of managing three P&Ls. At TeamLease Services Limited's Industrial

Top 10 Finance Heads - 2024

Simplifying, Streamlining And Revolutionizing Insurance Journey

By: Anuj Parekh, CEO, Healthysure

To make health insurance more accessible and affordable for the Indian workforce I believe in the power of group insurance, which offers customizable coverage and dynamic pricing.


Empowering Rural Communities: Sustainable Livelihoods

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Revolutionising The Logistics Industry Through Digitalization

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Could you shed light on the current scenario of the logistics sector, and which are the trends that intensified and emerged? How are digital tools


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Mahatma Gandhi, the father of the nation, believed that the village should be the center of all activity in India. He saw the village as the backbone


The Emergence Of Deep-Tier Supply Chain Financing: MSME's Gateway To Financial Inclusion

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Way Forward for the BFSI Sector

By: Ramanan Venkata, CEO - India and South Asia, Intellect Design Arena Ltd

Graduated from Indian School of Business in 2002, Ramanan brings over 20 years of expertise in IT products, operations management, analytics, start-ups, and business process outsourcing (BPO). Demonstrating a remarkable track record


Digital Marketing Strategies For Financial Institutions: Trust In A Virtual Landscape Industry

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HR: Cultivating The Workforce To Achieving Business Goals

By: Anuja Karlmarx, Director - Human Resources, ITW India

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  • Top 10 Finance Heads - 2024

    Financial Leadership Empowering Growth

    The role of the Head of Finance is pivotal in any organization, serving as the financial steward responsible for steering the company towards fiscal success. This position carries immense significance due to its multifaceted responsibilities that directly impact the overall health and longevity of the business. The Head of Finance is an indispensable asset to any organization. Their strategic financial planning, compliance efforts, and effective communication skills collectively drive the company towards financial success. The significance of this role extends beyond numbers; it encompasses the very foundation upon which the organization's prosperity is built.

    "In the financial realm, a visionary Head of Finance sees beyond the digits, sculpting a path to prosperity"

    Numbers with Vision, Finance with Purpose

    One primary responsibility is overseeing financial planning and strategy. The Head of Finance collaborates with other department heads to create comprehensive budgets and forecasts, aligning financial goals with the company's broader objectives. Another critical aspect is financial reporting and analysis. The Head of Finance is entrusted with producing accurate and timely financial statements, providing a snapshot of the organization's economic health. Risk management is an inherent component of the finance head's role. They assess potential financial risks and implement measures to safeguard the company's assets. In the realm of compliance, the finance head plays a vital role in ensuring adherence to regulatory requirements and financial standards. They work closely with auditors to guarantee transparency and accountability, fostering trust among stakeholders such as investors, creditors, and regulatory bodies. Furthermore, the finance head actively contributes to capital management. They evaluate funding options, manage debt, and optimize capital structure to strike a balance between risk and return. This financial acumen is vital for sustaining liquidity and ensuring the organization's ability to seize strategic opportunities.

    CEO Insights in this issue presents a list of ‘Finance Heads - 2024' who have leveraged their extensive industry expertise and experience in offering effective skills to the market. The following list has been prepared after being closely scrutinized by a distinguished panel of judges including CXOs, analysts and our editorial board. We recognize their valuable contribution to the ever expanding and competitive market and their ability to sustain themselves and emerge as top contestants through their reliable knowledge.

Top 10 Finance Heads - 2024

Company Logo Company Management Company Name Company Description
 Deccan Hydraulics Aditya Hegade, Group CFO Deccan Hydraulics A professional leader with 18+ years in finance, also excels in strategy, statutory compliance and internal controls, showcasing his prowess in strategic financial management and exemplary leadership
KarmaLife AI Amit Sarda, Head-Finance KarmaLife AI A strategic leader with 12+ years expertise in strategic finance spanning IT, retail, logistics, excels in MIS, budgeting, treasury management, fundraising, renowned for innovation, leadership, driving organizational efficiency
Jindal Worldwide Vikram Oza, Director - Finance Jindal Worldwide A distinguished financial luminary in the realm of corporate leadership, with a career spanning several decades, with expertise in the intricate tapestry of finance, emerging as a guiding force behind company’s financial triumphs
Jubilant Biosys Manish Gupta, Head - Finance Jubilant Biosys A visionary leader with over 20 years of experience in managing financial control and strategic planning functions, with consistent record of delivering results in growth, revenue, operational performance optimization and profitability of the organization
Chemco Group Pawan Jain, Head - Finance & Accounts Chemco Group A passionate leader with more than a decade of experience, with expertise in accounting financial reporting, budgets and auditing
Nazara Technologies Rakesh K Gupta, Head-Finance Nazara Technologies A seasoned corporate finance executive with over 16 years of extensive experience, leading finance operations at a listed company with profound background in equity funding, budgeting, and internal controls
ZF Group Rakesh Mishra, Head - Finance ZF Group A finance leader with more than 25 years of experience in large multinational companies, having strong technical knowledge in financial reporting, taxation, corporate restructuring, regulatory compliance and more
The Wadhwa Group Sanket Jain, Head - Finance & Accounts The Wadhwa Group A chartered accountant & company secretary having sound experience in finance, financial reporting, taxation, accounts, auditing, and company law matters, proficient in financial planning & analysis, budgeting, and more
 Jifflenow Sridhar Ranganathan, Global Head-Finance Jifflenow A dynamic leader with 16+ years of global finance leadership in saas, technology and services, with hands-on leadership and technology expertise contribute to the dynamic growth strategy in diverse industry segments, propelling the organizations to scale faster
Stockholding Services CA Vishnu Kumar Sharma, Head of Finance Stockholding Services An accomplished professional known for his astute financial acumen and strategic vision, brings a wealth of expertise and a profound understanding of the intricate financial ecosystem

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