Latest news with #GauravKumar
Business Standard
3 hours ago
- Business
- Business Standard
India's Largest Collections Summit Set to Redefine the Industry with Unmatched Scale and Vision
NewsVoir Mumbai (Maharashtra) [India], June 5: For the first time ever, India's collections industry will come together at an unprecedented scale to align on a shared vision for the future. The Bharat Collection Summit & Awards 2025, scheduled for 12th June at The Lalit, Mumbai, marks a defining moment--bringing over 200 senior delegates from banks, NBFCs, fintechs, regulators, and recovery partners under one roof to co-create a modern, transparent, and tech-led collections ecosystem. This is the first and only platform in India exclusively dedicated to the collections ecosystem, and the excitement across the industry is palpable. From CXOs and policy leaders to field supervisors and agency heads, professionals across the board are coming together to shape a responsible, technology-driven, and future-ready collections landscape. Keynote & Panels Featuring India's Top Financial Leaders The summit features an exceptional lineup of keynote speakers and panelists--spanning leadership from India's top financial institutions, regulators, and innovation-driven fintechs. Keynote speakers include: Gaurav Kumar, Founder & CEO, Yubi Group Anil Tandon, Senior Leadership, HDFC Bank ...and several other distinguished leaders from across the BFSI sector. Panel discussions will bring together a powerful group of decision-makers and influencers, including but not limited to: Sagar Chaudhuri, HDFC Bank D S Tripathi, Aadhar Housing Finance Rajaram Manian, Tyger Capital (formerly Adani Capital) Ashish Chandekar & Dr. Ashish Jain, Bank of Baroda Ashwani Sharma, DBS Bank Sanju Mangrulkar, Central Bank of India Binit Jha, IDBI Bank ...and many more. These sessions will explore the future of collections through the lens of AI innovation, compliance, borrower experience, governance, and last-mile execution--driving a rich and actionable dialogue across the ecosystem. Hear from India's Leading Financial Institutions The summit is being shaped by leaders from a wide range of India's most respected financial institutions, including but not limited to: HDFC Bank, ICICI Home Finance, Unity Small Finance Bank, Aditya Birla Finance, Canara Bank, IDBI Bank, Central Bank of India, John Deere Financial, DBS Bank, DCB Bank, Bank of Baroda, State Bank of India, Union Bank of India ...and many more are scheduled to join. For the first time, top collection agencies will also be present to bring in-ground realities and partnership insights into the conversation--ensuring every voice in the value chain is represented. Spocto X & YuCollect: Powering the Ecosystem Transformation Both subsidiaries of the Yubi Group, Spocto X and YuCollect are driving the next phase of collections in India: Spocto X, the Presenting Partner, is an AI-powered collections platform that acts as an intelligent agent--executing strategies, making decisions, and managing the full collections lifecycle with minimal human input. YuCollect, the Collections Infrastructure Partner, unifies lenders, vendors, and regulators in one ecosystem--enabling seamless discovery, execution, and compliance with full transparency. Together, they are building a tech-led, accountable, and scalable future for collections. Supported by a Strong Industry Network In addition, the summit is supported by several other players contributing to the broader ecosystem conversation: DPD Zero - Platinum Partner Rezolv - Gold Partners Credresolve & Creditas - Exhibit Partners FACE (Fintech Association for Consumer Empowerment) - SRO Partner A Benchmarking Moment for Collections This isn't just a summit--it's a defining milestone for the collections industry. With unmatched participation from regulators, lenders, fintech innovators, and field enablers, the Bharat Collection Summit & Awards 2025 is set to benchmark how collections in India must evolve--with empathy, insight, compliance, and collaboration.
Fashion Value Chain
6 hours ago
- Business
- Fashion Value Chain
India's Largest Collections Summit Set to Redefine the Industry with Unmatched Scale and Vision
For the first time ever, India's collections industry will come together at an unprecedented scale to align on a shared vision for the future. The Bharat Collection Summit & Awards 2025, scheduled for 12th June at The Lalit, Mumbai, marks a defining moment-bringing over 200 senior delegates from banks, NBFCs, fintechs, regulators, and recovery partners under one roof to co-create a modern, transparent, and tech-led collections ecosystem. Connect with the Trailblazers of the Collection Industry This is the first and only platform in India exclusively dedicated to the collections ecosystem, and the excitement across the industry is palpable. From CXOs and policy leaders to field supervisors and agency heads, professionals across the board are coming together to shape a responsible, technology-driven, and future-ready collections landscape. Keynote & Panels Featuring India's Top Financial Leaders The summit features an exceptional lineup of keynote speakers and panelists-spanning leadership from India's top financial institutions, regulators, and innovation-driven fintechs. Keynote speakers include: Gaurav Kumar, Founder & CEO, Yubi Group Anil Tandon, Senior Leadership, HDFC Bank …and several other distinguished leaders from across the BFSI sector. Panel discussions will bring together a powerful group of decision-makers and influencers, including but not limited to: Sagar Chaudhuri, HDFC Bank D S Tripathi, Aadhar Housing Finance Rajaram Manian, Tyger Capital (formerly Adani Capital) Ashish Chandekar & Dr. Ashish Jain, Bank of Baroda Ashwani Sharma, DBS Bank Sanju Mangrulkar, Central Bank of India Binit Jha, IDBI Bank …and many more. These sessions will explore the future of collections through the lens of AI innovation, compliance, borrower experience, governance, and last-mile execution-driving a rich and actionable dialogue across the ecosystem. Hear from India's Leading Financial Institutions The summit is being shaped by leaders from a wide range of India's most respected financial institutions, including but not limited to: HDFC Bank, ICICI Home Finance, Unity Small Finance Bank, Aditya Birla Finance, Canara Bank, IDBI Bank, Central Bank of India, John Deere Financial, DBS Bank, DCB Bank, Bank of Baroda, State Bank of India, Union Bank of India …and many more are scheduled to join. For the first time, top collection agencies will also be present to bring in-ground realities and partnership insights into the conversation-ensuring every voice in the value chain is represented. Spocto X & YuCollect: Powering the Ecosystem Transformation Both subsidiaries of the Yubi Group, Spocto X and YuCollect are driving the next phase of collections in India: Spocto X, the Presenting Partner, is an AI-powered collections platform that acts as an intelligent agent-executing strategies, making decisions, and managing the full collections lifecycle with minimal human input. YuCollect, the Collections Infrastructure Partner, unifies lenders, vendors, and regulators in one ecosystem-enabling seamless discovery, execution, and compliance with full transparency. Together, they are building a tech-led, accountable, and scalable future for collections. Supported by a Strong Industry Network In addition, the summit is supported by several other players contributing to the broader ecosystem conversation: DPD Zero – Platinum Partner Rezolv – Gold Partners Credresolve & Creditas – Exhibit Partners FACE (Fintech Association for Consumer Empowerment) – SRO Partner A Benchmarking Moment for Collections This isn't just a summit-it's a defining milestone for the collections industry. With unmatched participation from regulators, lenders, fintech innovators, and field enablers, the Bharat Collection Summit & Awards 2025 is set to benchmark how collections in India must evolve-with empathy, insight, compliance, and collaboration. Event Details Date: 12th June 2025 Venue: The Lalit, Mumbai Register Now:
Time of India
5 days ago
- Climate
- Time of India
Noida's leaning threats: Storm leaves a line of tilted poles near Sec 101 metro station
Noida: Several electricity poles damaged during last week's storm continue to lean precariously outside Sector 101 metro station, endangering commuters. Locals said some poles were damaged in recent rainfall, while others have been tilted for months. Noida Authority said PVVNL installed the poles and should remove them. Gaurav Kumar, who works at a grocery store in the area, said, "People continue to move around the tilted poles, because of the absence of any barricades or warning signage." PVVNL officials, however, said these poles are dead and are not in use. "Even if the poles are old and not in use, they can fall anytime. Children use this road to go to school. Who will be responsible if something happens?" asked another local, requesting anonymity. RP Singh, general manager, Noida Authority, said these power structures come under PVVNL. PVVNL Noida's chief engineer Sanjay Kumar Jain said a team was directed to visit the spot and take necessary actions. Saurabh Pandey, executive engineer, PVVNL, said some poles near the drain in front of Sector 101 metro station are dead and not in use. "It appears those poles are not in use as new infrastructure was developed in the area. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 5 Books Warren Buffett Wants You to Read In 2025 Blinkist: Warren Buffett's Reading List Undo We will get them removed soon," he said. On May 21, a severe dust storm along with rainfall wreaked havoc across Noida and Greater Noida, triggering massive traffic disruptions, property damage, and chaos on major roads, particularly the Noida-Greater Noida Expressway. Hundreds of commuters found themselves stranded for nearly three hours after a large electricity pole collapsed around 9pm, blocking the Greater Noida-bound carriageway of the expressway. The storm also brought down nearly 200 trees, streetlights, and hoardings, leaving key routes choked and impassable for hours. Three persons died and seven suffered injuries during severe weather conditions in Ghaziabad earlier this month. These incidents took place at four different locations. A 40-year-old man died after he was crushed by a tree in Madhuban Bapudham while returning home from office. In another incident, a wall of a private school collapsed on a slum in Khoda Colony, resulting in the death of a 30-year-old woman and injuring six members of her family. In the third incident, a 35-year-old woman died after she fell into a drain during the storm, following the sound of lightning, while returning to her house in Masuri. In the fourth incident, a hoarding collapsed at the GDA intersection in Nandgram, causing severe injuries to a motorcyclist who became trapped under it. In Noida, a 45-year-old teacher died after a tree fell on him inside NTPC township on Wednesday night. Ramkishan, who worked with a school, had stepped out around 7pm for a walk. He was only 100 metres away from his house when the tree crushed him to death. Residents of Migsun Ultimo in Greater Noida's Omicron-3 protested against the builder after a large metal shed fell from the terrace of a 21-floor tower, killing a 50-year-old woman and her 2-year-old grandson. The child's parents are both IT professionals from Bokaro in Jharkhand. Residents staged a protest at the Omicron roundabout, demanding action against the builder. Cops took five persons into custody for blocking the road, after which representatives of the builder and residents held discussions.
Time of India
21-05-2025
- Automotive
- Time of India
Multi-level Kaiserbagh parking to ease congestion
1 2 Lucknow: Traffic congestion near the district court, collectorate and Swasthya Bhawan is expected to ease soon as a multi-level parking facility in Kaiserbagh is nearing completion. Built at a cost of Rs 16.5 crore under the Smart City project , the facility will cater to about 250 four-wheelers and 100 two-wheelers on its two designated floors. During recent inspection, municipal commissioner Gaurav Kumar had directed officials to expedite the remaining work and make the parking operational at the earliest. He also instructed the speedy completion of the commercial shops being built within the complex. Officials said the parking facility will reduce traffic congestion on three major roads where haphazardly parked vehicles on both sides have been causing blockages. The construction began in 2021 and includes modern features such as better lighting and basic amenities. During his visit, Kumar found that the drains near the Kaiserbagh bus stand and the old high court were blocked and instructed workers to clean them using machines. He also gave the same instructions for the blocked drains near Registration and Excise Department. At Balrampur Hospital blood bank and KGMU Limb Centre, he asked for thorough cleaning of drains, removal of encroachments and safety equipment for sanitation workers. The commissioner warned that any carelessness in cleaning or maintenance work would not be tolerated and that all tasks must be finished within deadline.
Mint
14-05-2025
- Business
- Mint
Around 79% of loans now reach tier 2 & 3 cities as partnership lending spikes: Report
Nearly 79% of loans have reached tier 2 and tier 3 cities thanks to lending partnership between lenders, says Yubi in its Annual Partnership Lending Report for FY 24-25. The report draws insights from over ₹ 22,600 crore in loan disbursements and over 2 crore transactions facilitated through the Yubi platform, across 300 live partnerships. The report has brought to the fore some interesting insights with respect to lender preferences, speed of credit delivery as well as demographics of end beneficiaries. These can act as a guiding light for all members of the ecosystem right from the regulator to participating banks & NBFCs as well as fintech companies operating in the partnership lending space. AI and API-driven automation cut loan approval turnaround time (TAT) to just 2 hours, and disbursal to 18 hours on average. Securitisation volumes remained steady, with ₹ 46,904 crore in Direct Assignment (DA) and ₹ 5,335 crore in Pass-Through Certificates (PTC) assets under management. In FY 25, Karnataka was the state with the highest value of disbursements in India. States like Bihar, West Bengal, Andhra Pradesh & Rajasthan which are traditionally underserved / unserved in personal loans are part of the top ten states by value of disbursement. 'India's lending ecosystem is undergoing a collaborative revolution,' said Gaurav Kumar, Founder & CEO of Yubi Group. 'At Yubi, we've built the digital infrastructure to power this transformation, enabling hyper-scalable, compliant, and secure lending frameworks that break barriers to credit access. The results speak for themselves: 79% of loans disbursed through partnership models reach Tier 2 and Tier 3 borrowers, while underserved states like Bihar and West Bengal now rank among the top 10 for disbursements. This isn't just growth; it's democratization.' 'Leveraging the interoperability feature of our platforms – whether DA, Co-Lending, or 100-0 digital partnerships, has enabled lenders and originators to scale partnerships efficiently," said Vipul Mahajan, Chief Business Officer, Yubi. 'At Bank of India, expanding access to credit for underserved and unserved segments has been central to our growth strategy. By embracing a technology led approach in co-lending and securitization, we've been able to scale our partnership lending operations swiftly and efficiently," echoed Ashok Kumar Pathak, Chief GM, Retail, Agri, MSME & Financial Inclusion, Bank of India. 'The underlying technology and seamless integrations offered by Yubi have empowered us to collaborate with our partners better and jointly disburse loans with speed and precision. This has not only accelerated our portfolio growth but reinforced our commitment to financial inclusion - enabling credit to reach where it's needed most,' he added. As India's financial institutions increasingly embrace collaborative lending models to drive inclusion and innovation, Yubi's latest report reveals pivotal market shifts, regulatory changes, and technology-led breakthroughs powering this momentum. The Yubi Group is a tech company powering the end-to-end debt lifecycle. Yubi serves 17,000 enterprises and 6,200 investors & lenders. Disclaimer: Mint has a tie-up with fintechs for providing credit, you will need to share your information if you apply. These tie-ups do not influence our editorial content. This article only intends to educate and spread awareness about credit needs like loans, credit cards and credit score. Mint does not promote or encourage taking credit as it comes with a set of risks such as high interest rates, hidden charges, etc. We advise investors to discuss with certified experts before taking any credit.
