Banking, Financial Services & Insurance (BFSI) Committee

Unifying Expertise. Empowering Entrepreneurs. Accelerating Financial Innovation.

The BFSI Committee at VM2047 integrates the strengths of three distinct verticals—Banking & Finance, Capital Markets, and Insurance—into a unified platform to address cross-sectoral challenges and opportunities. By combining deep technical expertise with strategic policy engagement, the committee supports Maharashtra’s evolution into a financial powerhouse that fosters entrepreneurship, investment, and inclusive economic development.

Our Vision

To empower entrepreneurs and businesses across Maharashtra by strengthening financial systems, shaping progressive policies, and driving capital access and economic development.

Our Mission

Over the next two years, the BFSI Committee will focus on three pillars of action:

  • Technical Expertise – Serve as a domain thought leader by offering expert inputs on regulation, market development, and innovation.
  • Member Services – Keep members ahead of industry shifts with timely insights, policy updates, and technical resources.
  • Institutional Visibility – Position VM2047 as a leading voice in India’s financial policy and industry advancement.

Key Focus Verticals

The Committee operates through three dedicated sub-groups that deliver targeted insights and impact:

Banking & Financial Inclusion

Promote digital banking, SME finance, and financial literacy while addressing credit access and infrastructure challenges.

Capital Markets

Strengthen Maharashtra’s capital market ecosystem by engaging with SEBI, stock exchanges, and investment institutions to drive liquidity, innovation, and transparency.

Insurance & Risk Management

Enhance insurance penetration, regulatory reform, and product innovation in both life and general insurance to support economic resilience.

What We Do

  • Policy Engagement – Facilitate dialogues with RBI, SEBI, IRDAI, and state agencies to promote progressive and inclusive financial policy frameworks.
  • Events & Workshops – Organize high-impact conferences, investor roundtables, and regulatory briefings for businesses and professionals.
  • Strategic Insights – Publish actionable reports and analysis on emerging trends, regulations, and risk management across the BFSI landscape.

Why Join the BFSI Committee?

Influence critical financial regulations and public policy

Gain exclusive insights into capital markets, banking, and insurance

Network with top decision-makers in India’s financial sector

Be a Financial Trailblazer

Join the BFSI Committee at VM2047 and shape the future of finance in Maharashtra. Contribute to progressive policy, promote innovation, and lead the charge toward inclusive economic development.

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About

The is a Public Benefit Corporation (PBC) with a mission to establish Maharashtra as a key player in international economic collaboration, focusing on strategic partnerships with nations like USA, Europe, Australia, African Union, KSA, China, India, Qatar, Saudi Arabia, Türkiye, and the UAE across vital sectors such as energy, technology, agriculture, and finance. Our goal is to integrate lessons from successful global economic models, adopting best practices to ensure sustainable and inclusive growth. We aim to enhance economic prosperity and diversification, contribute to societal progress, and promote sustainable economic practices. By leveraging Maharashtra’s unique position, strives to drive substantial economic growth, spur innovation, and solidify Maharashtra’s stature in the international economic arena, resonating with the government’s vision of a technologically advanced and interconnected economy.

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