Sunday, July 01, 2012

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Agenda
Prelude Is real IT transformation likely to take place? Drivers to IT transformation IT Performance Measurement and Process Improvement Various technology-based initiatives undertaken by Indian Banks Implementation Status Why Low Banking? Customer Satisfaction The Success Story of SBI. Giant Softwares in Banking Sector.. Conclusion

Sunday, July 01, 2012

SMS,MNNIT

Prelude
The dramatic events ushering in the new century from globalization and a final, major wave of consolidation to regulatory changes and technology breakthroughsare compelling banks to turn their focus toward efficiency and country relationship development.*
*Goliath Industry and Market Reports on Bank Systems and Technology

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Is real IT transformation likely to take place?

Three converging forces appear to make it unavoidable: Banks spreading across geographies. Financial transactions are commoditized. Regulatory demands are unprecedented.

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Drivers to IT transformation
The next 10 years will be defined by:

Accelerated expansion Process efficiency Greater Country sophistication More intense regulatory demands Opening up markets in existing and new member countries

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IT Performance Measurement and Process Improvement

The areas where IT has most effectively been able to contribute are: Treasury Retail Cards Wholesale (including merchant banking) Payment and Settlements

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Various technology-based initiatives undertaken by Indian Banks

Source: KPMG Survey Report, 2011

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Implementation Status

Source: KPMG Survey Report ,2010

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Why Low Banking?

Low level of Awareness

Financial & Education al Illiteracy

Main Reason for Low Banking Penetration

Lack of Access to Banking Facilities

Unemploy ment & Underemp loyment Source: KPMG Survey Report ,2011
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Low Income

Customer Satisfaction
Transparency Regulatory Requirements Customer Satisfaction Unique Identity Reaching Customers

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The Success Story of SBI.

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A glimpse of SBI...

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Profile of SBI
Bank Name State Bank of India State Bank of Bikaner & Jaipur State Bank of Hyderabad State Bank of Indore State Bank of Mysore State Bank of Patiala State Bank of Travancore
Source: State Bank of India Group
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Headquarter(City, State) Mumbai, Maharashtra Jaipur, Rajasthan Hyderabad, Andhra Pradesh Indore, Madhya Pradesh Bangalore, Karnatka Patiala, Punjab Trivendrum, Kerala

Branches 10,000 833 965 301 654 766 706

ATMs 8500 336 450 235 247 353 331

Adoption of Core Banking....

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Time Line.

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Giant Softwares in Banking Sector..

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Customers of Finacle.

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Conclusion
Core Banking has become an essential character for banking operations today. Presence of private banks like ICICI,HDFC compells PSU banks to be technologically updated.

Adoption of Core Banking brought positive returns for SBI despite the initial investment being too high.
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