The Asian Bankers Association (ABA) 34th annual conference will be hosted in the nation’s financial capital, Mumbai, for the first time. This two-day conference, which will commence this week is based on the “Asia’s turn to transform” theme and will be held from November 16 at Megapolis, hosted by the State Bank of India.
An SBI spokesperson informed that the event is anticipating the presence of more than 160 domestic and international bankers, the deputy governor of Reserve Bank, Viral V Acharya, will be addressing the special opening on the second day.
To advance the cause of the banking industry and encourage the regional economic co-operation throughout the continent, ABA forum was founded in 1981. It currently consists around 80 members from 25 different countries.
The summit held this year will mainly focus on the impacts of the current global downturn on the Asian economies such as, the American policies under Trump administration, Brexit economic consequences in March 2019 on Asia and the implications of fintech on banks.
Some of the important speakers at the event are Chikahisa Sumi of IMF, ADB’s Noritaka Akamatsu & Cheng Cheng-Mount of Financial Supervisory Commission of Taiwan. Kotak Bank’s Uday Kotak and the State Bank chairman Rajnish Kumar will also be addressing the meet.