Being at the forefront of transformation
Our ability to offer innovative solutions is critical
26 Jun 2019 | The Asset
As the leader of one of the top transaction banking franchises in India, Rupa Balsekar, head of transaction banking, India at BNP Paribas, has always been driven and committed to guiding her clients. With technological buzzwords such as blockchain and big data populating today’s transaction banking landscape, Balsekar prefers to be more rational and focus on the right technology mix to solve her client’s problems.
“Successfully establishing a well-recognized transaction banking franchise in India has been my greatest achievement. This is attributable to our solution-driven approach for clients by concentrating on co-creation and partnering with them in their growth strategy,” shares Balsekar.
It’s this ambitious business growth trajectory that has led to her clients over the past year stepping up their efforts at looking how technology could solve their various corporate pain points from real-time information of accounts to cash forecasting. As a result, Balsekar notes that over the past year there has been a significant shift “where banks and clients are coming together to co-create solutions in the digitization journey to support the cash conversion cycle.”
Being at the forefront of several of her clients’ growth strategies, Balsekar is filled with excitement in being part of many corporate transformation stories. “More specifically, to be able to see our clients achieve their treasury ambitions with our solutions is quite fulfilling. Our ability to offer innovative solutions to optimize their working capital is therefore critical,” she explains.
Heading into the future, Balsekar, along with her team at BNP Paribas, will continue to proactively engage with clients to find the best solution that fits their needs.
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