AMFI-WB to organise Banking

Summit 2015
The theme of the summit is Funding the unfunded: Scope, Opportunities and Challenges

Kolkata, 17th May, 2015: Association of Microfinance Institutions West

Bengal (AMFI-WB) is all set to organize Banking Summit 2015
Funding the Unfunded on 20th May in The Park, Kolkata with an
objective to bring all the stakeholders to a common platform to access the
research and the latest development in the microfinance sector and to
discuss MFIs preparedness under the new policy regime, future
competition and the challenges ahead.
Sri Ajit Maity, Chairperson, AMFI-WB, Mr Chandra Shekhar Ghosh,
Secretary, AMFI-WB, MR Kuldip Maity, MD & CEO, Village financial
Services, Mr Shubhankar Sengupta, CEO, Arohan Financial Services will
be present at the summit.
Mr Parveez Ahmed Siddique, IAS, Secreatray, Finance Department
Govt of WB, Mr Alok Prasad, MFIN, Mr Samit Ghosh, Ujjivan, Mr
Jagadananda, Sa-Dhan, Mr S. Ramakrishnan, SIDBI, Ms T. S. Raji
Gain, NABARD are likely to be present as a key Speakers.
Sri Ajit Maity, Chairperson, AMFI-WB says, The year 2013-14 has
witnessed several new regulatory developments and reforms and it
creates opportunity for MFIs to cater to new client segment and for the
diversification of MFIs product. The main objective of the summit is to
discuss the overview of current policy & regulation, and also
strengthening the business alliance under the new policy to ensure the
growth. This Banking Summit will provide a platform to discuss and outline

a road map of the roles and responsibility of different stakeholders in a

strategic way so as to benefit the microfinance sector as a whole.
Mr Kuldip Maity, MD & CEO, Village Financial Services (VFS) says
the recent regulatory reform, the introduction of MUDRA Bank, inclusion of
NBFC-MFIs under BC model and RBI recent policy announcement have
shown confidence in microfinance institutions. This summit will provide a
stage to all stakeholders to discuss the scope for new business
interactions, the area of improvement and the challenges and
opportunities for future microfinance business in the quest for inclusive
growth.
About AMFI-WB
Association of Microfinance Institutions West Bengal (AMFI-WB) was
founded as a self-regulatory body in 2006. Objective of this association
was to bring under its umbrella all Community Microfinance organizations
that have their presence in West Bengal. Its Mission is to build a field of
community development finance in West Bengal to help its members to
serve their target clients, particularly women from poor families, in both
rural and urban areas in pursuit of establishing stable livelihoods.
AMFI-WB has a very important role considering the nascent nature of the
industry in developing capacities, adopting best practices, improving
policy and operational mechanism of its members. At present there are 27
member organizations of AMFI-WB.
After four years of formation, a legal christening was thought imperative
in order to orchestrate activities in a more proactive manner. With that
intention AMFI-WB got registered as a public charitable trust on December
30, 2010.

For Further information please contact:

Ratandip Gupta
Ketchum Sampark
9831065653