Welcome to
Treasury Khazana 2025

7 November 2025

• 08:00 - 09:30

  Registration

  Whether you’re exploring treasury innovation, capital strategy, or leadership in transformation, this conference offers the perfect platform to engage with peers and industry leaders in an informal, high-value setting.

• 09:30 - 09:45

  Lamp Lighting

• 09:45 - 10:15

  Guest Speaker

  India’s GIFT City — the country’s pioneering international financial services and fintech hub — represents a bold step in positioning India as a global center for capital, innovation, and finance. This keynote will explore the vision, opportunities, and strategic potential of GIFT City as a bridge between India’s onshore markets and global financial flows.

  Insights on how GIFT City is creating a world-class ecosystem for banking, capital markets, insurance, and fintech, while enabling regulatory clarity, technological innovation, and investor confidence. The session will highlight India’s ambition to foster a seamless offshore-onshore financial environment, attract global investors, and catalyze sustainable economic growth.

  This keynote sets the stage for understanding India’s evolving role in global finance, the strategic opportunities for businesses and investors, and the roadmap for India’s financial hubs of the future.

  Speaker:

  Shri K. Rajaraman, Chairperson of International Financial Services Centres Authority (IFSCA)

• 10:15 - 10:55

  What the CFO Expects of Treasury: From Operational Excellence to Strategic Partnership

  The role of the CFO has expanded well beyond financial stewardship and treasury sits at the centre of that change. With interest-rate cycles shifting, markets volatile, and ESG and digital transformation now boardroom priorities, CFOs are looking for treasurers who can translate complexity into strategy and data into decisions.

  For corporates in India and beyond, this means treasury is being measured not only on control, but on contribution: its ability to unlock working capital, manage risk proactively, and deliver insights that shape business growth. This discussion brings together CFOs from very different sectors to share how their expectations are changing – and what ‘good’ now looks like in treasury performance, partnership and purpose.

  Speakers:

  Pawan Danwar, CFO, HCL Corporation

  Ananya Suneja, CFO, Edelweiss Financial Services

  Kunal Sanghavi, Chief Strategy & Transformation Officer, HDFC Securities Ltd

  Eleanor Hill, Editor TMI - (Moderator)

• 10:55 - 11:35

  The Treasury Panel: Challenges and Opportunities

  Treasurers are under constant pressure to be faster, smarter, and more transparent – but also to keep everything watertight. With interest rates off their peak, FX swings continuing, and capital mobility rules shifting, Indian treasuries are adjusting how they hold and deploy cash, hedge exposure, and run their teams.

  This session gets under the surface of daily decision-making looking at how treasurers at Infosys, Reliance and SRF Limited are redesigning structures, upgrading systems, and balancing innovation with control. Expect practical insights, a few healthy debates, and concrete examples of what’s changed, as well as what’s still not working as well as teams would like.

  Speakers:

  Sachin Chougle, Treasurer, Infosys

  Niranjan Mohnot, Treasurer, Reliance Retail Ltd

  Sugandha Singhal, Head of Treasury, SRF Limited

  Kumar Ayashkanta, Global Treasurer, EY GDS (Moderator)

• 11:35 - 12:15

  The Khazana Network

  Take this unique opportunity to mingle, meet, and exchange insights with over 350 of India’s most influential Treasurers and CFOs. Share best practices, discuss emerging trends, and build connections that could shape the future of finance in India.

  Whether you’re exploring treasury innovation, capital strategy, or leadership in transformation, this break offers the perfect platform to engage with peers and industry leaders in an informal, high-value setting.

• 12:15 - 13:00

  Fireside Chat

  CM Grover will lead an engaging Fireside Chat with Ajay Goel, President & CFO Vedanta Group, one of India’s leading diversified natural resources companies. This candid conversation will explore the evolving role of the CFO in driving strategic growth, capital allocation, and financial resilience in a complex, commodity-driven business environment.

  The discussion will provide insights into how Vedanta navigates market volatility, global supply chain dynamics, and sustainability imperatives, while leveraging treasury, risk management, and technology to optimize performance. Attendees will gain a rare perspective on the decision-making, leadership, and strategic priorities that define finance leadership at scale.

  This session offers a unique opportunity to hear directly from a top CFO on how strategic finance, operational excellence, and enterprise transformation intersect in one of India’s most dynamic industrial groups.

  Speakers:

  Ajay Goel, President & CFO, Vedanta Group

  CM Grover, Promoter & CEO, IBSFINtech

• 13:00 - 14:30

  Buffet Lunch

• 14:30 - 15:30

  AI in Treasury: Practical Use Cases, Where to Start

  14:30 - 15:15: AI in treasury: practical use cases, where to start - Panel discussion

  15:15 - 15:30: AI in Action - CM Grover (IBSFINtech) & Prateek Chatruvedi (EY) will demo some real-world examples.

  AI has moved beyond the proof-of-concept stage and is reshaping how treasuries operate, including influencing how they make daily cash and risk decisions. This session explores the real, implementable use cases now emerging in Indian and global corporates. We’ll cut through the noise to examine what’s working, what isn’t, and how treasurers can begin safely experimenting with AI, while meeting audit and cybersecurity expectations.

  Expect live audience polling, myth-busting, and examples of agentic workflows, as well as exploration of initiatives like the National Payments Corporation of India (NPCI) and fintech firm Razorpay collaborating with OpenAI to launch AI-driven payments on ChatGPT. Panellists will also touch on RBI’s Framework for Responsible and Ethical Enablement (FREE) of Artificial Intelligence and SEBI’s Guidelines for Responsible Usage of AI / ML in Indian Securities Markets.

  Speakers:

  Prateek Chaturvedi, Partner, EY

  Kamala Vasantha Thiagarajan, Head – Treasury India and Cash Management Hub, Mercedes-Benz

  Parth Patel, Treasury Specialist, Bloomberg

  Eleanor Hill, TMI, Editor (Moderator)

• 15:30 - 16:15

  Viksit Bharat 2047: India’s Digital and Trusted Financial Future

  India’s next economic chapter won’t just be about growth – it will be about trust in how money and data move. Over the past decade, the country has built one of the strongest digital foundations anywhere – UPI for payments, Aadhaar for identity, and ONDC for open commerce. Those rails have already transformed everyday finance; the next step is making them smart, connected and reliable enough to power an AI-enabled economy.

  For treasurers, this is the beginning of a new operating environment where liquidity is instant, transactions carry intelligence, and transparency is built in. Under the Viksit Bharat 2047 vision, India is aiming for a financial system that’s digital by design and trusted by default. This discussion looks at what that really means in practice – and how CBDCS and stablecoins, tokenisation of deposits and MMFs, AI and responsible innovation could reshape the way corporates move, manage and measure value.

  Speakers:

  Shailesh Haribhakti, Chairman, Stair Digital Pvt Ltd

  Lalit Khilani, VP – Finance Transformation & Digital Office, Maruti Suzuki India Limited

  Sachit Sahni, Head of Transaction Banking India, Standard Chartered Bank

  Eleanor Hill, Editor TMI - (Moderator)

• 16:15 - 17:00

  The Khazana Network

  Take this unique opportunity to mingle, meet, and exchange insights with over 350 of India’s most influential Treasurers and CFOs. Share best practices, discuss emerging trends, and build connections that could shape the future of finance in India.

  Whether you’re exploring treasury innovation, capital strategy, or leadership in transformation, this break offers the perfect platform to engage with peers and industry leaders in an informal, high-value setting.

• 17:00 - 17:30

  The Last Word: Why the Next Bull Run Will Be Built, Not Bought

  A global and domestic perspective on the forces shaping India’s next bull run. Jakes will provide an authoritative analysis of market trends, investment opportunities, and structural growth factors that will define the decade ahead. The Panel moderated by Amit will then debate ...

  Speakers:

  N. Jayakumar (Jakes), MD & Group CEO, Prime Securities

  Amit Gupta, President & National Head - Wholesale Business, SBI AMC (Moderator)

  Kumar Ayashkanta, Global Treasurer, EY GDS

• 17:30 - 21:00

  Khazana Nights: Networking with Music & Melody

  Cap off the day by connecting with your peers in an informal, vibrant networking setting.

  Enjoy the mesmerizing sitar of Mandar Namjoshi accompanied by his talented band, setting the perfect backdrop for conversation and connection.

  Share ideas, exchange insights, and build relationships with fellow Treasurers and CFOs while enjoying food, drinks, and the buzz of live music — a unique blend of professional engagement and cultural energy.