IMPLEMENTATION OF MIS IN BANKING SECTOR (SBI)

Submitted to: Prof. Vatsal Shah

Submitted by: Prashant Maharshi ISBE/PGP/SS/2011-13

HISTORY
Three Presidency Banks Amalgamated in 1921 Was the Central Bank of India

Came into picture in 1st July, 1955

NEED OF MIS IN BANKING

Regulatory requirements indicated by the RBI for preparation of Off-site Monitoring Surveillance (OSMOS) Reports on a regular basis in electronic format Need for timely submission of Balance Sheets and Profit & Loss Accounts Need for Inter-Branch Reconciliation of Accounts within a definite time frame Need to undertake risk management strategies and for this purpose build up appropriate sets of data and market intelligence reports.

CORE BANKING
100% business is on CBS
8500 ATMs : Over 2 million transactions per day Internet banking services SBI 100% network globally

SERVICES IN SBI
Mobile Payments Electronic Clearing Services(Credit)

NEFT
RTGS Ticket booking online

BANKING & INFORMATION NETWORK

Fast and efficient tax collection Govt.-2-Customer

Timely settlement of funds Real time MIS

Govt.-2-Business

Timely payment of benefits Efficient & speedy transfer of funds

Govt.-2-Employee

CONTD
TECHNOLOGICAL ARCHITECTURE

Payments

Centralized Accounting Software (CAS)

Receipts

Remittances

SUPPLY CHAIN
Four Tier Transfer Process Central Transfers funds to State State will Transfer funds to District District in turn will Transfer to Block and

Finally Block will Transfer to Beneficiary

The functionality of payments to various vendors and salary expenses is also included in this application

CONTD...

BENEFITS OF MIS
Data can easily be accessed and analyzed without time consuming manipulation and processing. Decisions can be made more quickly and with confidence that the data are both time-relevant and accurate. Integrated information can be also kept in categories that are meaningful to profitable operation. Significant cost benefits, time savings, productivity gains and process re-engineering opportunities are associated with the use of data warehouse for information processing.

Government Banking is largely driven by commitment to the

nation than by commercial considerations

Thank You