Mitigating risks, capturing opportunities key for growth: Experts at CII CFO conclave

"As stewards of financial integrity, CFOs incorporate new strategies, technologies, and ethical practices, ensuring sustainable growth across industries," said D Sai Prasad, chairman, CII Telangana.

"Resilience goes beyond mere survival; it requires a proactive approach to anticipate challenges, mitigate risks, and capture opportunities while maintaining integrity and trust," said MV Narasimham, convenor, CII Telangana ease of doing business panel and deputy CFO, Dr Reddy’s Laboratories. He stressed on boardroom resilience, financial transformation through AI, and importance of transparency and proactive risk management.

"India emerged resilient from the pandemic, with a real GDP growing at the fastest pace among major economies," said Rajesh Kumar, chief general manager, State Bank of India. He emphasised the importance of integrating environmental, social, and governance principles into financial decision-making to create sustainable and inclusive growth. He mentioned ‘SME digital business loans up to Rs 5 crores’ with the aim of sanctioning loans in real time based on GST history.

RS Reddy, vice chairman of CII Telangana said resilience and adaptability of the MSME sector are crucial for the economy. Initiatives like quick business loans and dedicated support programmes will pave the way for a robust and dynamic economic future, he said.