BT Banking Summit 2023: The much-awaited BT Banking & Economy Summit and the BT-KPMG Best Bank Awards were held today at St Regis, Mumbai. The who’s who of the banking industry and experts on everything finance and economy are in attendance. Union Minister Nitin Gadkari, RBI Governor Shaktikanta Das, economy and finance doyen KV Kamath attended the summit along with some of the biggest names in the space.
The event had a combination of panel discussions and fireside chats with industry leaders on the shape of the economy and how banking, digitisation, and sustainable finances can help the country achieve its targets.
At the end of the summit, the BT-KPMG Best Bank Awards were handed out, including five quantitative and eight jury awards. The awards were given by Nitin Gadkari, Bhagwat Kishanrao Karad, and KV Kamath.
BT Banking & Economy Summit: Here's a list of winners!
Bank of the Year: ICICI Bank
Best Large Indian Bank: HDFC Bank
Best Mid-Sized Indian Bank: Bank of Maharashtra
Best Small Bank: Tamilnad Mercantile Bank
Best Large Foreign Bank: JP Morgan India
Best Small Finance Bank: AU Small Finance Bank
Special Jury Award for Consistent Transformation: State Bank of India
Best Bank in Innovation: ICICI Bank
Best Bank in Fintech Initiative: Bank of Baroda
Best Bank in Talent & Workforce: Bank of Baroda
Best Fintech in Payments: PayU
Best Fintech in Value Added Services: Perfios
BT Banking & Economy Summit: Bank of Maharashtra is the best mid-sized bank in India.
BT Banking Summit: Jury members were Arun Kumar Purwar, former chairman of State Bank of India; Alice G. Vaidyan, former chairman and MD of GIC Re; K.V. Kamath (Jury Chair), Chairperson, National Bank for Financing Infrastructure and Development (NaBFID); Avinash Gupta, MD & CEO, Dun & Bradstreet; and A.P. Hota, former MD & CEO of NPCI Ltd.
Business Today Banking & Economy Summit: Nitin Gadkari says mileage for ethanol and petrol are equal. Now more and more automakers are using flex engines.
Nitin Gadkari talks about the highways he is building that will reduce travel time for truckers. He says cutting logistics will improve exports.
Nitin Gadkari says India will become the highest ethanol manufacturer in the next five years. He says green hydrogen is the future.
Business Today Banking & Economy Summit: Nitin Gadkari says India is a sugar, corn, rice, and wheat surplus nation. It has diversified agriculture toward the energy and power sector.
Business Today Banking & Economy Summit: Talking about green fuel, Nitin Gadkari says India will soon become an energy exporter country.
Business Today Banking & Economy Summit: Nitin Gadkari says he has been working towards 'Green Fuel' whether it is hydrogen, ethanol or electric vehicle (EVs) to remove petrol and diesel.
Business Today Banking & Economy Summit: Nitin Gadkari says experts are studying the cause of Joshimath land subsidence. Joshimath is problematic because of its rock. The sinking is not due to Chardham marg.
Minister of Road Transport & Highways Nitin Gadkari is in conversation with Rahul Kanwal.
Business Today Banking & Economy Summit: MoS Finance Bhagwat Karad congratulates public sector banks and private banks for opening over 47 crore new bank accounts as part of financial inclusion.
Business Today Banking & Economy Summit: Modi government wants to increase efficiency, be it private or public sector units, says MoS Finance Bhagwat Karad. He also says the government does not want to sell everything. It wants to see efficiency increased in PSUs that are not doing well.
Business Today Banking & Economy Summit: PM Modi told me 3 things when I took up this portfolio - You have to work on financial inclusion, financial literacy and digital transactions, says MoS Finance Bhagwat Karad.
Business Today Banking & Economy Summit: The Modi government is aiming at formalisation of the economy and financial inclusion, says MoS Finance Bhagwat Kishanrao Karad.
MoS Finance Bhagwat Kishanrao Karad is in conversation with Siddharth Zarabi.
BT Banking & Economy Summit: India is going to grow faster. Massive credit growth is happening in India. Major growth is in semi-urban areas. Retail business will drive wholesale business for JP Morgan, says Kaustubh Kulkarni.
BT Banking & Economy Summit: Business Today's Udayan Mukherjee in conversation with Kaustubh Kulkarni, Senior Country Officer - India & Vice Chairman, Asia Pacific, J. P. Morgan India; Hitendra Dave, CEO of HSBC India; Ashu Khullar, CEO of Citibank India; Sanjiv Chadha, MD & CEO, Bank of Baroda; V. Vaidyanathan, MD & CEO, IDFC First Bank; Piyush Singh, Lead - Africa, India and Middle East, Accenture.
BT Banking & Economy Summit: Where have we compromised on our integrity, asks Shaktikanta Das on surplus transfer.
BT Banking & Economy Summit: In the monetary police side, we are out of the chakravyuh of liquidity. We have increased the policy by 225 bps. RBI has to do it to re-balance demand and supply and to provide an anchor to inflation expectations, says Shaktikanta Das.
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