Thomas Muthoot , Promoter
India has a diversified financial sector undergoing rapid expansion led by various factors, including policy support, improving business fundamentals, product and services innovation, and target to severely underpenetrated areas. The sector is experiencing rising incomes and heightened government focus on financial inclusion and digital adoption. The development of India's technological and entrepreneurial ecosystem will make expanding the financial services market easier in regional and rural areas. The market opportunity and conducive and proactive regulators have helped the financial services industry grow notably. NBFCs play a critical role in financial intermediation and promoting inclusive growth by providing last-mile access to financial services to meet the diversified financial needs of underbanked customers. A legacy built on ethical values of integrity, transparency, and tradition, Muthoot Pappachan Group (MPG) is one of the leading players in gold loans, microfinance, and two-wheeler financing in India. Gaining rich experience over the decades, the Group encompassed unimaginable proportions and has planted its roots in diversified sectors.
A Resilient Financial Ecosystem
By: Sujith Vasudevan, Managing Editor
Financial inclusion improves the economic activity in every country and, in turn, fosters economic growth by reducing income inequality and poverty. Faster financial inclusion,
Power Ministry Launches Schemes To Procure 4,500 Mw Electricity Supply
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Ram is the leader for Advisory and Transaction Services business in India. He has over 26 years of real estate experience and is considered a trusted advisor and partner to clients in the country.
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Top 10 Brands in Finance - 2022
Buoyed by significant technology evolutions and digitalization prowess, the finance industry has come a long way today, transcending from manual to automated technology systems. For finances, where every finance activity had to be performed through physical visits to financial institutions, it is no more a hassle today as it can now be completed with just a few taps on a smart device. The increased government focus on financial inclusion and digital adoption, and rising demand for financial services across income brackets has significantly boosted the finance sector's growth today. There exist over 2,100 fintechs firms in the country and India is positioned to become one of the largest digital markets on the back of robust internet connection and smart devices proliferation.
The Indian Fintech industry ecosystem is segmented diversely across Payments, Lending, Wealth Technology (WealthTech), Personal Finance Management, Insurance Technology (InsurTech), Regulation Technology (RegTech), and more. Such large cross-utilization of channels to expand reach of financial services presents prolific growth prospects in the country. The Fintech sector in India has observed a funding of $8.53 billion (in 278 deals) in 2022. According to Investindia, Indian FinTech industry's market size was $50 billion in 2021 and is estimated to account $150 billion by 2025. Fintech sector in India is expected to be $1 trillion in Assets Under Management (AUM) and $200 Bn in revenue by 2023. Also, while Payments, Lending & InsurTech seem to be the most preferred sectors in FinTech, there is much more that the brands have to offer in the coming times. There are many Brands in Finance looking into proliferous growth of the country today.
CEO Insights in this issue presents a list of `Top 10 Brands in Finance - 2022' 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.
Company Logo | Company Management | Company Name | Company Description |
---|---|---|---|
Kamal Rampuria, Senior Vice President | AUM Capital Market | Has been the go-to advisor for the most discerning clients because of its unparalleled depth of knowledge and breadth of offerings | |
Shailesh Dhuri, CEO & Board Member | Decimal Point Analytics | With deep multi-domain expertise it understands both finance and technology which enables it to think out-of-the-box while offering solutions that best suits to client needs across both the finance and technology domains | |
Amit Kumar, Founder & CEO | Dhanrashi | A next-generation entity driven by technology with a paperless approach, offering and tweaking financial solutions as per customer needs | |
Anirudh Kamani, Managing Director & CEO | ICICI Home Finance | A leading player in the affordable home loans segment provide financial strength to make dream of owning a home come true | |
Manoj Ravi, CEO | KLM Axiva Finvest | Helping people in achieving their financial dreams since 1992 and become one of the first choices for retail investors | |
Ketan H. Marwadi, Chairman and MD | Marwadi Shares & Finance | Helping people in achieving their financial dreams since 1992 and become one of the first choices for retail investors | |
Krishna Kanhaiya, Director & CEO | Mirae Asset Financial Services | By upholding values and customer centricity, the firm thrives on earning client trust by providing high quality financial services based on integrity | |
Thomas Muthoot, Promoter | Muthoot Pappachan Group | With a reputation shaped over decades, it offers high quality services for total customer satisfaction and has become one of the top brands in the world of finance | |
Manish Jaiswal , Chief Executive Office | Poonawalla Housing Finance | Provides a wide range of affordable housing solutions to empower low-income sections to achieve the dream of owning a home | |
Sabyasachi Rath , Co-Founder & CEO | Purple Finance | New-age digital NBFC making MSME lending simple and accessible and also provides an easy and transparent customer journey and faster credit decisions, backed by cutting edge technology |
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