Discussion Pointer !
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Benefits of using Bank Guarantee for MSMEs
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Types of Bank Guarantee
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Cautions to be considered while using Bank Guarantee
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Bank Guarantee as seamless source of Working Capital
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How BG could be used for Purchase / Sales invoice financing
Speaker Profile: Mr. Deepak Poddar
Founder - Balaji Credit Services Pvt. Ltd.
With 18 years of professional experience across various aspects of financial services, Deepak is the cornerstone of the organization. He has a vast experience with in depth knowledge of all financial instruments and their implementations. Deepak not only brought tremendous growth to the company through consistent efforts but also helped numerous MSME’s with his extensive knowledge of business and finance. His core expertise is to structure the financial requirements as per relevant debt instruments. Being a seasoned entrepreneur, He has also been a financial coach for multiple MSME’s which has helped them to grow leaps and bounds.
Speaker Profile: Dr. H P Kumar
Former CMD, NSIC & Director, External Affairs, Power2SME Pvt. Ltd.
Dr. H.P. Kumar is Director External Affairs at Power2SME and he is spearheading the organization’s objective of building alliance network in the industry. Dr. Kumar will design innovative programmes and framework to enhance Power2SME’s value proposition for SMEs, Suppliers and financial institutions. With rich experience in leading successful and profitable campaigns to benefit SMEs, Dr. Kumar comes with deep knowledge of SME market. Dr. Kumar has extensive experience in dealing with promotion, development and financing of MSMEs, exports and other small & large projects. Prior to joining Power2SME. He was the Chairman-cum-Managing Director of NSIC (National Small Industries Corporation), a govt. of India enterprise engaged in development and financing of SMEs in India. Under his leadership, NSIC was able to achieve a turnover of 17400 crores and became a dividend paying entity with an excellent MOU rating continuously for 7 years, a spectacular shift, from a loss making CPSU prior to his successful tenure.
Speaker Profile: Mr. Mohnish Sachdeva
Assistant General Manager - Business Development, Auriolus Finvest
Business Development professional with ~13 years of experience across various financial services offerings. Mohnish has been associated with Power2SME for last 8 years and has worked in various domains across the organization. Currently managing acquisition of new clients for various financial product offerings of the company.