India Treasury Summit

The Treasury & Markets team of DBS Bank in Association with Asia Risk organised the inaugural India Treasury Summit – Market Outlook, Regulations and Hedging Strategies in Delhi on 23 Feb 2015 and in Mumbai on 25 Feb 2015.

There have been macroeconomic developments like commodity prices crash and bond yields touching historic lows. Following rapid depreciation in August 2013, the Indian rupee appears to have settled into a narrower band on the back of RBI’s focus on the currency and the strong government efforts to revive investor confidence. Deficits are under control and inflation seems to be settling lower. The lower crude oil prices and higher GDP have brought India to a sweet spot. While the Indian economy has been stable since the new government has come into power, risk off from global uncertainty and domestic expectations should not be underestimated.

These current volatile market scenarios set the stage for dialogues and discussions and the inaugural India Treasury Summit was organised. The summit was aimed at strengthening our strategic commitment to grow in the region & provide a platform for driving conversations around India’s monetary policy, address challenges faced by Indian Corporates & assist with practical solutions for managing rising market volatility. The intent was to project DBS Bank India as a thought leader and knowledge partner, helping clients to network and share insights with each other & with the bank.

The event received an overwhelming response in both the cities, with Delhi seeing over 70 clients & Mumbai seeing over 85 clients. The Summit saw the presence of senior industry leaders and eminent media persons, sharing their knowledge with other participants. G Mahalingam, Executive Director, of The Reserve Bank of India, Tamal Bandyopadyay Deputy Managing Editor at Mint Newspaper, India’s leading financial daily, Souymo Dutta, Treasurer at Reliance Industries & Vikas Jain Co-Founder Micromax were among the eminent thought leaders who were present at the summit, sharing their knowledge with the participants.

Clients appreciated the choice of speakers & topics, and thoroughly enjoyed the discussions. The eventful evening was rounded off with cocktails & dinner.