Leadership: We Communicate Your Thoughts
Leadership: We Communicate Your Thoughts
Arun Pati, Director, Dravya Financial Solutions, Member - Runtastic group Angel investor
Experiencing a swift expansion at present, both in terms of prominent growth of existing financial service firms as well as new entities plunging into the market, India is equipped with a diversified financial sector. Along with the exclusive policies and government initiatives, the remarkable contribution of some of the leading stalwarts of the country has contributed to the growth of the sector. One such phenomenon is Arun Patil (Director, Dravya Financial Solutions) who has managed to carve his name as one of the budding leaders of the Indian finance sector by taking salient yet sturdy steps. Having a keenness for finance, Arun always wanted to be a part of the success story of growing businesses. “Every client and business comes with a different set of challenges. To nurture them and help them grow by offering tailor- made finance solutions is what keeps me driving as a finance leader", avers Arun quite gladly. As the Director of Dravya Financial Solutions, Arun is currently leveraging his decades long industry expertise to craft beneficial solutions for the company as well as its exclusive client base.
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Top 10 Leaders in Finance - 2022
Banking systems and financial systems are integral part of an economy. In addition, these institutions help to bridge the gap between idle savings and investment and its borrowers. There is a central body controlling and making rules for all governmental and non-governmental institutions to follow. In India the financial sector is growing at a rate of 8.5 percent per year. The financial policies and the monetary policies are able to sustain a stable growth rate. India has an extensive banking system; the total asset value of the entire banking sector in India is nearly $270 billion. The total deposits are nearly $220 billion. Various new policies implemented by the government like financial inclusion have made banking accessible to even the population in remote locations. Wide range of Implementation of technologies such as internet banking and core banking has made banking operations more user friendly.
Recently, innovations in the realm of digital payments and FinTech, such as alternative lending, platform based insurance, online trading, electronic remittances, crowd funding, robo advisory services, and others have made banks and other financial institutions more efficient. In 2021, Unified Payments Interface (UPI) recorded 3.65 billion transactions worth Rs.6.5 trillion. The number of transactions through immediate payment service (IMPS) reached 384.88 million (by volume) and amounted to Rs.3.18 trillion in September 2021. New model of banking also witnessed emergence of Peer-to-Peer lenders which meets credit requirements of marginalized borrowers. Considerable competition has been introduced in the banking sector through new private sector banks, but public sector banks continue to have a dominant share in the market.
In this issue of CEO Insights, we bring you a list of ‘Top 10 Leaders in Finance – 2022’ who have leveraged their extensive industry expertise and experience for the growth and profit of the respective organisations in which they have served. The following list has been prepared after being closely scrutinized by a distinguished panel of judges including CXOs, analysts and our editorial board.
Our subscribers play a decisive role in finalization of our annual list of "Top 10 Leaders in Finance - 2022" by nominating those which have served them with excellence and are praiseworthy. If you feel there is a company that deserves to be on our annual list, do write to us about them mentioning their value proposition.
| Company Logo | Company Management | Company Name | Company Description |
|---|---|---|---|
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Arun Patil, Director | Dravya Financial Solutions | As the Director, he is currently leveraging his decades long industry expertise to craft beneficial solutions for the company as well as its exclusive client base |
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Jitendra Dhaka, Founder & CEO | BankSathi | Having rich experience in Digital Marketing, Customer acquisition as well as in the FinTech sector, he has been redefining the traditional Indian fintech model through his organization |
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Kalyan Jagnani, Co-Founder | KNEX Solutions | He aids Indian SMEs in gaining financial stability so as to drive India’s economy |
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Rajiv Bajaj, Director | Bajaj Finance | He introduced the Pulsar range of motorcycles credited with reviving the fortunes of the ailing company |
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Ramesh Iyer, Vice Chairman | Mahindra & Mahindra Financial Services | Emerged as an important constituent of the financial services sector and the economy |
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Ravi Garikipati, Co-Founder & CEO | Davinta Finserv | Through his FinTech, he is addressing over $1 trillion credit need in India’s small and medium businesses |
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Ravi maheshwari, Manager | HDB Finance Services | Qualified Chartered Accountant With Middle Management Experience |
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Thomas Muthoot, Director | Muthoot Finance | He is innovative with need based financial products and his knowledge of emerging markets and their functions have been harnessed in structuring the business interests of the group |
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Vellayan Subbiah, Chairman | Cholamandalam | Has over 23 years of experience in the varied fields of consulting, technology, projects and financial services in different positions across different industries |
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Y. S. Chakravarti, Managing Director | Shriram Transport Finance | Driven by the idea of transforming the lives of millions through the services of Finance that ensures financial inclusion of those people who are not able to access formal credit for their small businesses in rural and semi-urban areas of the country |
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