About BFSI Awards

Governance Now BFSI Awards, 2019 honours the efforts of Banking & Finance Sectors that have been instrumental to the country’s growth and digital financial inclusion.

Award Categories

The awards will be given to Banks (PSBs, Pvt, Foreign Banks operating in India, NBFIs and Fintech under the following categories:

For Public Banks

  • Digital Financial Inclusion
  • Digital Bank
  • CSR
  • Mobile App
  • Tech Trendsetter (Use of Emerging Technologies for Wider Reach and Impact)
  • Smart Infra (Adoption of Consolidation, Virtualization and Cloud)
  • Digi Wallet
  • Cyber security
  • Innovative use of Biometric
  • SME Connect (Integration of SME sector into the formal economy)

For Private Banks

  • Digital Bank
  • CSR
  • Mobile App
  • Tech Trendsetter (Use of Emerging Technologies for Wider Reach and Impact)
  • Smart Infra (Adoption of Consolidation, Virtualization and Cloud)
  • Digi Wallet
  • Cyber security
  • Innovative use of Biometric
  • SME Connect (Integration of SME sector into the formal economy)

For Foreign Banks in India

  • Digital Bank
  • Mobile App
  • Tech Trendsetter (Use of Emerging Technologies for Wider Reach and Impact)
  • Smart Infra (Adoption of Consolidation, Virtualization and Cloud)
  • Cyber security

For NBFIs

  • Digital Financial Services
  • Rural Coverage
  • SME Connect (Integration of SME sector into the formal economy)
  • Cyber Security

For Fintechs

  • Digital Payments
  • Digital Lending-Corporate
  • Digital Lending - Consumer
  • RegTech
  • Fintech-NBFI collaboration
  • Fintech-Bank Collaboration
  • m-Wallet
  • Fintech marketing
  • InsurTech
  • Fastest Growing Fintech
  • SME Connect (Integration of SME sector into the formal economy)
  • Emeging Fintech
  • Trend setter in Fintech

For others

  • Fintech accelerators - Creating Fintech ecosystem(State Government)
  • Digital Financial Inclusion
  • Digital Financial Literacy & Skills Development
  • Digital Urban Cooperative Bank
  • Rural Coverage

Jury choice Award, & Value Growth Award

There will also be a Jury Award & Value Growth for the organization that stands out. It could be a disruptor, an experimental trial, an honourable failure, or something that different or turn around which is significant.

Awards Process

The Governance Now BFSI Awards 2019 process follows the application route. The process starts with filing the application form the awards. This would include filling in the information, notes and questionnaire by the organization that would help the jury members in assessing the overall level of competitiveness, governance and strategy across the nominated companies. The awards will be based on the decision of the high-powered Jury, which would meet once prior to the awards function to adjudicate the winner in each of the awards categories. This would be followed by an on ground event.

Awards Process

Timeline

Submissions Open: Monday, 01st April 2019
Submissions Close: Thursday, 23rd April 2019
Awards Ceremony: Wednesday, 29th May 2019

How to apply

  • Draft an application up to 1500-2500 words explaining why you should win in the category you are applying. Please share what sets you apart and how it has benefited the business, customers, employees, community, investors, economy, and environment. Tangible examples of clear benefits are needed along with the financial cost and return.
  • Parameters and key pointers that you should consider while writing your application as mentioned in the form
  • Please send relevant supporting data specific to the category, background info such as press cuttings, letters, reports, etc. at Governance Now BFSI Awards Secretariat, 4th Floor, Adhikari Chambers, Oberoi Complex, Andheri (West), Mumbai – 400 053, India
  • Entries to be submitted in the format prescribed by the organizers

The winners will be decided based on the decision of the high-powered Jury, which would meet to evaluate and adjudicate the winner in each of the awards categories. This would be followed by an on ground conference and awards ceremony.