Banknet's 5th International Bank Tech Summit on 24th Sept 2009 at Taj Lands End,
Mumbai, India will be one of the largest Banking & Insurance Technology Summit &
Exhibition in India with participants from nearly 75 organizations.
More than 20 Top Level Speakers from major banks, Insurance Companies, IIM
Ahmedabad, Verizon, Hewlett-Packard(HP), Genesys, will address Summit.
Complimentary copy of special publication "Technology in the Insurance Sector"
will be given to the participants. Summit will also feature a "Banking &
Insurance Technology Exhibition" .
Banknet Master Class "Workshop on Payments" conducted by McKinsey & Co will be
organized on the sidelines of Bank Tech Summit.
We are now left with only 10 seats & 2 stalls.For more log on-
http://www.banknetindia.com/btech09.htm
Banknet invites papers for a special publication on "Technology in the Insurance
Sector". This Publication will be released at Banknet's Fifth International Bank
Tech Summit on September 24, 2009 at Mumbai, India.
Papers must be in English. Papers must be original contributions that have not
been published previously, nor already submitted to other conferences in
parallel with this conference. Submitted papers will be peer-reviewed and
carefully evaluated based on originality, significance and clarity of thought.
Papers should not exceed 3,500 words (letter size, 12 point type, single space).
Papers should be submitted in Microsoft Word format.
There should be a title page and a brief abstract (not more than 100 words) and
a table of contents. All paper submissions to be done electronically. Authors
should email their paper and detailed abstract.
Submission deadline: August 31, 2009
For more details please visit- http://www.banknetindia.com/btech09_papers.htm
Banknet's annual conferences on payments are one of the most sought-
after platforms to discuss the products, trends, issues & challenges
related to payment systems in the banks. Our earlier four annual
conferences on payment systems had brought nearly 1500 delegates
representing nearly every major bank in India and major FIs,
Insurance & IT Companies.
Fifth Edition of Payments Conference will commence with a "Round
Table Session" which will be followed by sessions on 'Electronic
Payment Systems & Products' and 'Frauds, Risks & Security'.
Conference will also feature an Exclusive Two Hour Session on 'Mobile
Banking & Payments'.
Conference will be addressed by prominent speakers from Major Banks,
FIs, Management Consultancies, Business Schools, IT and Mobile Cos.
Speaker Presentations will be followed by a Panel Discussion &
Interactive Q & A.
A "TECHNOLOGY EXHIBITION" in the pre-conference area will showcase
the products of leading vendors across the globe.
CONFERENCE TOPICS include- RTGS, NEFT, NDS, ECS, Cheque Truncation,
Clearing & Settlement Systems, Financial Stability, Liquidity Risks &
Management, Inter-Bank Payments, Information Security, AML, KYC,
Basel II, Customer Protection & Service Issues, Financial Frauds,
Transactional Security, Cyber Security, Internet Banking, Operative
Guidelines for Mobile Banking & Payments, M commerce, Financial
Inclusion, Cash Management, Money Transfer, International
Remittances, ATMs, Smart Cards etc.
Attractive Early Bird & Group Discounts are available for bookings by
the 8th of December 2008.
Mail at- conference@... or Visit -
http://www.banknetindia.com/payment08.htmhttp://www.banknetindia.com/
Banknet is organizing its Fourth Annual Edition of International Bank
Tech Summit on September 16, 2008 at Taj Lands End, Mumbai.
Bank Tech Summit 2008 will focus on the ways to realign technology to
work towards improving the efficiency and achieving the competitive
advantage. Accordingly the summit theme is "Leveraging IT for
Efficiency and Competitive Advantage".
Bank Tech Summit, one of the largest conferences on Banking
Technology in India, will bring together Professionals from nearly
100 organizations comprising of Banks, Financial Services, Insurance
Cos., Corporates, IT Companies, Consultancies and Business Schools on
one platform.
COO's, CTO's, GMs, Business Heads from more than 20 major banks and
IT Companies will address the summit. These include- State Bank of
India, ICICI Bank, HDFC Bank, Axis Bank, IndusInd Bank, Kotak
Mahindra Bank, Yes Bank, Development Credit Bank, IDFC Ltd, Citizen
Credit Co-op Bank, Shamrao Vithal Co-op Bank, BT India Pvt. Ltd,
Check Point, Infrasoft, Informatica, McAfee, Paymate, NMIMS & many
more
A Technology Exhibition in the pre summit area will showcase
products/ services of sponsoring companies.
SUMMIT SESSIONS:
Round Table Session
Using IT for Strategic Advantage
Role of IT in Regulatory Conformity
Technology Innovations to Manage Multi-Channel Strategies & Security
SUMMIT TOPICS:
Effective Implementation of Technology, Core Banking, Vendor
Management, Outsourcing, Business Continuity & Disaster Recovery,
Multi Channel Strategies, Customer Relationship Management, Business
Intelligence, Data Mining, Risk Management, Anti Money Laundering,
KYC, Basel II, Financial Frauds, Technology Innovations, Cyber
Security, Internet Banking, Mobile Banking, ATMs, Cards etc.
Few Seats Left!! 40% Discounts are available for IBA member Banks.
Attractive Discounts are also available on Group Bookings. For more
details please visit www.banknetindia.com
With the rapid growth in the number of mobile phone subscribers banks
have been exploring the feasibility of using mobile phones as an
alternative channel of payments. The Reserve Bank of India, on 12th
June 2008, released draft guidelines for mobile payments in India.
Final Guidelines are expected to be issued by RBI in the first
fortnight of August 2008. Thereafter, a mobile phone owner will be
able to transfer money from his bank account to the bank account of
another person using his mobile phone.
Banknet's "Seminar on Mobile Banking & Payments" on 26th August 2008
at Taj President, Mumbai will be the first seminar in India to discuss
the final RBI guidelines on mobile payments. Presenting Sponsor of
this Seminar is 'Paymate'.
This Seminar will provide a neutral platform where the Regulators,
Practitioners from Banking & Financial services and Corporate,
Vendors, Technology providers, Consultants, Academicians will come
together.
With its theme "Changing Mobile Payment Landscape - Challenges &
Opportunities", the Seminar on Mobile Banking & Payments aims to keep
apace with the recent developments, emerging m-payment models, newest
technologies and market trends in the mobile banking & payments arena.
Presenting Sponsor of this Seminar is 'Paymate'.
Aiming at long-term goal, the RBI has said, that the framework would
be such so as to enable transfer of funds from account in one bank to
any other account in the same way or any other bank on a real time
basis irrespective of mobile network of the customer. Banks can also
use SMS-based facilities to perform small-ticket payments up to
Rs1,500, as per the draft guidelines.
For more details, please visit- http://www.banknetindia.com/
Major Annual Banking and Technology Summit on 15th May, 2008
After almost a decade of working closely with banking fraternity,
Banknet Group has decided to accredit the talents in the Indian banking
sector through "Banknet Excellence Awards". Award details would
be unveiled at Banknet's "Fourth Annual CTO-CXO Summit" on
May 15, 2008 at Taj Lands End, Mumbai, which would be followed by
opening of nominations for the same.
These awards, a first of its kind will highlight individual, rather than
organizational, performance in various sectors and facets of the banking
sector. These awards would recognize the top level talents in the banks
in India. According to Mr. Anurag Khanna, CMD, Banknet Group, "These
awards are created to recognize bankers, who have shown leadership and
innovation and have also succeeded in adding additional dimensions to
their scope of duties by integrating social, environmental and corporate
governance considerations into their operations".
Banknet`s Fourth Annual CTO-CXO Summit- "Financial System
Challenges-A CXO Perspective" on 15th May 2008 will bring together large
number of C-level executives from banking, finance, insurance & IT.
Summit will feature presentations, networking opportunities, panel
discussions from industry professionals and will provide a new dimension
to Knowledge Sharing & Networking.
NETWORKING LOUNGE:
Summit will provide prime opportunities for networking, which will
establish ways to make new contacts and get to know the industry
professionals. Such potential for making connections will further your
endeavors down the road. Networking Lounge would be open for one-to-one
interactions between peers, colleagues and business associates for the
summit participants.
SUMMIT BLOG:
In addition to this, a conference blog on www.banknetindia.com will also
facilitate pre/post summit interaction with Speakers/ fellow delegates.
OTHER SPECIAL FEATURES:
1. Announcement of Criteria & Selection Procedure for "Banknet
Excellence Awards"
2. Release of Findings of "Banknet's Financial Systems Survey 2008"
3. CXO Round Table Session
4. Session on HR challenges in the Financial Sector
5. Technology Exhibition
SUMMIT TOPICS:
Risk Management, Basel II, Know Your Customer, Anti Money Laundering,
Credit Management, Core Banking Implementation, Customer Centricity &
Relationship (CCR), Business Intelligence, CRM, Internet & Mobile
Banking Channels, Cyber Security & Frauds.
For participating in the CXO Summit, please visit www.banknetindia.com
<http://www.banknetindia.com/> or email at conference@....
Please note that limited seats are available at the CXO Summit.
[Non-text portions of this message have been removed]
The Indian economy had been booming for the past few years. To
establish itself as a global economic force, India liberalized its
economy in early 1990s. The adoption of the free market economy model
has created great opportunities for foreign businesses. The country
holds great promise for the future. However, India continues to be
ranked low on variety of indicators like Ease of Doing Business,
Starting a Business etc.
In light of the above and the fact that the business scenario has
witnessed sea changes in the last few years, Banknet has released the
revised & updated second edition of its Bestselling
publication "Doing Business in India". First Edition of this guide
was bought by foreign Investors, NRIs, OCBs, bankers, finance & IT
professionals, consultants, lawyers & those who are responsible for
strategic alliances from nearly 40 countries.
The comprehensive & updated guide will be a useful tool for the
foreign concerns planning to expand their businesses in India. This
guide provides useful information on the complex business
environment, aimed to help foreign businessmen and investors to
develop a good understanding on key background knowledge for being
successful in India.
The guide covers Economic Scenario, Political & Legal Regulations,
Infrastructure, Taxation, Accounting & Auditing, Employment Issues,
Business & Investment Guidelines, Market Entry Strategy, Setting up
Operation in India, Indian Business Culture etc. This updated edition
has added sections on FDIs in India and the M&A climate in India.
There has been a relevant addition to the list of tables and graphs
too.
"Doing Business in India" is available online on www.banknetindia.com
Nearly 300 delegates from more than 70 Banks/FI's, Insurance
Companies, Business Schools, IT Companies, Corporates h will
participate at Banknet's "Fourth International Conference on Payment
Systems" being organized on 16th January, 2008 at Taj Lands End,
Bandra West, Mumbai, India. We are now left with very few seats.
We invite you to listen on 16th January 2008 to prominent speakers
from Ministry of Finance, Reserve Bank of India, Nasscom, IIM
Ahmedabad and major Indian & Foreign banks on topics like:
- Next Steps In Modernizing Payment Systems
- How Innovations In The Payments World Could Shape Cash Management
- How Can Banks And Corporate Facilitate One Another's Business
- Addressing The Squeeze On Profitability In The Payments Business
- Linking Of Delivery Channels Like RTGS, EFT, NEFT, SWIFT Etc In Cash
Management
- Receipts And Payments Of The Bills Through The CMS
- Mobile Money Transfer Services
- Electronic Payment Products Like RTGS, NEFT, NDS And ECS
- Developments In RTGS Systems And Cheque Truncation
- Managing Risks In The Various Clearing/Payment Systems
- Addressing Key Concerns Around The Security Of Payments
- Integrating New/Alternate Payments Channels
- Synchronized working of Alternate Channels like ATMs, Internet and
Mobile Banking
- Growth Of The Card Payment Systems In India- Issues And Challenges
- Migration To EMV Smart Cards
- Customer Service and Operational Efficiency Through Electronic
Payment Products
Conference will commence with a "Special Regulatory Round Table
Session". It will be followed by three sessions:
Session II: Electronic Payment Systems & Products
Session III: Integrating Alternate Payment Channel
Session IV: Cash Management & Money Transfer Services
Findings of "Bank Customer Survey on Payment Systems" will be released
at the conference. An Exhibition is also organized in the pre-
conference area to showcase the products of technology vendors across
the globe
More details available at- http://www.banknetindia.com/ps08.htmhttp://www.banknetindia.com
Banknetjobs.com an Exclusive Job Portal focused on Jobs, Career &
Networking in the Financial Sector has been launched by Banknet
India.
Powered by Banknet India's vast reach & large network in the
Financial & IT industry, www.banknetjobs.com, offers candidates a
targeted platform to showcase their talents and abilities to attract
premier employers in the in the banking, financial institutions,
insurance, mutual funds, depository and stock/capital markets, audit
and other related sectors.
IT and BPO/KPO/ITeS companies are also looking for candidates with
domain expertise.
Banknetjobs.com also provides access to information of the all the
major bank exams (Probationary Officer-PO) and vacancies in major
banks & insurance companies to the registered candidates.
SPECIAL OFFER UP TO 20th OCTOBER 2007
1. FREE JOB LISTINGS BY RECRUITERS AND EMPLOYERS
2. FREE CV ENHANCEMENT TIPS TO THOSE WHO POST THE JOBS
Do visit www.banknetjobs.com now to register.
Banknet's Third International Bank Tech Summit on October 10th,
2007, at Taj Lands End, Mumbai is one of the largest Banking
Technology Conferences organized in India.
SUMMIT THEME - "Empowering Banks through Technology"
SUMMIT TOPICS:
Risk Management, Financial Frauds, Anti Money Laundering, Internet &
Mobile Banking, ATMs, Cards, Business Continuity, Disaster Recovery,
Information Security, Core Banking, Outsourcing, BPR etc.
EXHIBITION STALLS:
An Exhibition organized in the pre- conference area, featuring more
than 20 Exhibition Stalls will showcase the products of technology
vendors across the globe.
CONFIRMED SPEAKERS:
Executive Director, Axis Bank (UTI Bank)
Executive Director, City Union Bank
Executive Director, ABN Amro
Director - Information Technology, IDFC
A Adviser, Department of Banking Supervision, RBI
General Manager-IT & Core Banking, State Bank of India
Group Head Operations & Technology, Kotak Mahindra Bank
Group Head-Compliance, Kotak Mahindra Bank
Chief Information Officer, Yes Bank
Senior Vice President-Head Risk Management, IndusInd Bank
Deputy General Manager, IT Dept. Bank of India
MD & CEO, Infrasoft Technologies
Founder & MD, Paymate
Director - Banking & Financial Services, Cognizant
Senior representatives from IBM, HP, Sify, Verisign, Sun
Microsystems, Canon, Sybase, Informatica will also speak at the
summit
MAJOR SPONSORS:
Platinum Sponsors- Infrasoft Technologies and Sify Ltd
Gold Sponsors- IBM, R2K, HP, Verisign, Sun Microsystems, Canon,
Sybase, Informatica
Silver Sponsors- Cognizant Technologies and Paymate
LIMITED SEATS: Attractive Group Discounts are available, subject to
the availability of seats. Special Rates for Banks/FIs. For any
clarification mail at conference@...
Web address: http://www.banknetindia.com/
NOTE: Banknet is one of the largest organisers of Banking Industry
Conferences & earlier conferences were attended by participants from
508 organizations in 18 countries. This included delegates from
nearly every major bank in India.
Banknet India has released "Report on the Indian ATM Industry" on
31st May 2007. This is the most comprehensive report on the ATM
Industry in the Indian scenario. Inputs, suggestions and information
from number of senior bankers and academicians have helped in
putting together this report.
The report shows the trends and latest happenings in ATMs in India
over the past decade. This report offers: Current numbers of ATMs
deployed, with a category-wise break up, The working of interbank
networks and other agreements present in the Indian scenario, A
clearer understanding of transactions, How outsourcing certain
functions in ATM management can benefit the bank, Guidelines by the
country's regulatory body and much more...
Report also includes an exclusive ATM User Survey by Banknet India
and its key findings. For more details, please visit-
http://www.banknetindia.com/books/atm2.htm
OR
www.banknetindia.com
Banknet India, one of the largest organisers of banking industry
conferences, is organizing "Conference on Indian ATM Industry" on the
31st May 2007 at Taj Lands End, Mumbai, India. Banknet India's "Report
on Indian ATM Industry" will also be released at the conference.
ATM Conference will provide an update on the key trends and
developments in the Indian ATM Industry and will discuss and debate on
the related issues.
Session-I Growth & Usage of ATMs in India and an Overview of the Industry
Session-II ATM Networks and related Issues like security etc
Session-III Key Trends and Challenges
** In addition there will be a Special Session on Kiosks, which will
comprise of presentations by Kiosk Vendors.
Senior Bankers from ATM/Retail Banking/IT Departments of 9 major
banks, Major ATM vendors and IIM, Ahmedabad will speak at the conference.
Conference will discuss and debate related issues and seek answers to
questions like:
• What are the key trends relating to growth and use of ATMs in India?
• What are the factors limiting ATM growth?
• How well have ATMs helped banks in improving profitability and
retaining customers?
• What are the key ATM usage and transaction fee trends?
• Is regulation necessary in transaction fees by various networks in
connecting ATMs?
• How will integration of various networks help in connectivity?
• How effectively are banks using the rapid growth of ATMs by other banks?
• What are other non-banking opportunities for banks via this channel?
• What value-added services can be provided by kiosks at the Points of
sale.
• What are the various applications of Kiosks for banking?
• What are the newest technologies and applications of promise?
• How can white-label ATMs help the customer? What's in it for banks
and service providers?
• How can biometric ATMs help in financial inclusion?
• How to make a success out of ATM Outsourcing ?
Complimentary copy of the ATM Report (worth approx US$90) will be
provided to the paid participants.
For speaker, sponsorship or delegate details, please visit-
http://www.banknetindia.com/atm07.htmhttp://www.banknetindia.com
Banks are now prohibited from granting fresh loans or renew existing
loans in excess of Rupees 20 lakh against the NR(E)RA and FCNR(B)
deposits, either to depositors or to third parties, with immediate
effect. The banks are also advised not to undertake artificial slicing
of the loan amount to circumvent the ceiling.
Read full story at-http://www.banknetindia.com/banking/nriloans.htm
We invite you to participate in Banknet India's "Third Conference on
Payment Systems in Banks" on the 10th January, 2007 at Taj Lands
End, Mumbai, India.
Prominent speakers & panelists from Reserve Bank of India and EDs,
CTOs, CIOs & Business Heads from major banks will focus on:
Session-1: Automated Clearing House, Electronic Clearing Services
Session-2: RTGS, NEFT, Cheque Truncation, Electronic Payment Services
Session-3: ATMs, Internet Banking, Mobile Banking, Card Payments
Session-4: Technology & Security Issues in Electronic Payment
Systems, International Remittance etc.
CALL FOR PAPERS- Papers are invited on the major areas of banking,
finance, insurance and technology for publication in Volume III
of "CONTRIBUTIONS", which will be released at the conference.
SPECIAL GROUP DISCOUNTS FOR DELEGATES SUBJECT TO AVAILIBILITY
For any query, please mail at conference@...
More information on the conference is available at-
http://www.banknetindia.com
NOTE-This Conference is of great relevance as Reserve Bank continues
to strengthen the framework for payment and settlement systems and
harness the full potential of information technology (IT) to improve
operational efficiency. This is unique opportunity to get first hand
insight on Electronic Payment and Settlement Systems from the RBI
and the top bankers. Also make the contacts that matter by
networking with decision makers from banks and key players!
We are pleased to advise that Banknet India's Second International
Bank Tech Summit on September 21st, 2006, Taj Lands End Mumbai will
be inaugurated by Shri. V. Leeladhar, Deputy Governor, Reserve Bank
of India. Shri Arvind Sharma, Member Secretary, Governing Council
and Director, IDRBT will be the Guest of Honour.
Summit will have nearly 300 participants from around 75 banks,
insurance companies, FIs and IT Cos. from from countries like
Australia, Bahrain, Ghana, Hongkong, Indonesia, Mongolia, Singapore,
UAE, US, UK etc. The exhibition organized at the venue will
showcase products of technology vendors across the globe
The theme of the summit is "Aligning IT for Business Excellence" and
will focus on:
1. Risk Management and Basel-II
2. Internet & Mobile Banking
3. Financial Frauds & Information Security
4. ATMs- Outsourcing, Networks & Trends
5. Technology for Co-operative & Smaller Banks
An Exclusive Workshop will also be conducted on Data Mining,
Business Intelligence, Knowledge Management & CRM.
CONTRIBUTIONS – II, comprising of papers on Banking, Insurance,
Finance & Technology (BIFT)- Knowledge, Research & Practices from
industry experts will be given free to all delegate.
DELEGATE REGISTRATIONS: For delegate registration & other details
please vitit-http://www.banknetindia.com/bts2.htm
Do not miss the opportunity of participating in one of the largest
Banking Technology event in India.
http://www.banknetindia.com
Banknet India, a banking research company has announced ATM User
Survey 2006, which is being conducted online on
www.banknetindia.com. Survey is open to all users with ATM facility
with any bank in India. All participants will be provided with free
survey whitepaper.
According to Mr. Anurag Khanna, CEO, Banknet India, this survey will
give an insight into ATM users' perceptions, requirements and
problems faced by them. Survey findings will help banks and vendors
in making ATM transactions user friendly and satisfying.
Banknet India will release the findings of this Survey at Banknet
India's Second International Bank Tech Summit, to be held on 21st
September 2006 at Mumbai. This Summit will provide a platform for
knowledge sharing and networking, for professionals from nearly 75
banks & major IT Companies. The Summit will also showcase the
products of major technology vendors across the globe.
Nearly 25 prominent speakers from Reserve Bank of India, IDRBT,
major banks and IT Companies will discuss on key areas related to;
Risk Management and Basel-II; Data Mining; Internet & Mobile
Banking; Financial Frauds & Information Security; ATMs –
Outsourcing, Networks & Trends; Technology for Cooperative & Smaller
Banks among others.
For ATM User Survey 2006 visit-
http://www.banknetindia.com/atmsurvey.htm
For Bank Tech Summit visit- http://www.banknetindia.com/bts2.htm
Banknet India is organizing Second International Bank Tech Summit on
21st September 2006 to provide a platform for knowledge sharing and
networking for professionals from more than 10 countries. Bank Tech
Summit '06 will have nearly 300 participants from around 75 banks,
insurance companies & FIs & IT Cos.
Deputy Governor, Reserve Bank of India will be the Chief Guest at
the Bank Tech Summit. Member Secretary, Governing Council and
Director, IDRBT will be the Guest of Honour.
The Exhibition will showcase products of technology vendors across
the globe. The exhibition will be organized at the venue will have
nearly 30 exhibition stalls for vendors.
A collection of papers on Banking, Insurance, Finance and Technology
by Industry Experts will be released at Bank Tech Summit and given
FREE to all the delegates.
PROPOSED TOPICS/SPEAKERS:
The theme of the summit is "Aligning IT for Business Excellence".
The focus of the Summit is to see how IT can help enhance the
performance of Banks & Financial Institutions, when effectively
aligned with business strategy.
Prominent speakers from major banks like- State Bank of India, Bank
of India, ICICI Bank, IDBI Bank, Kotak Mahindra Bank, Bank of
Rajasthan, Yes Bank, ABN Amro Bank, HSBC Bank, The Shamrao Vithal Co-
operative Bank, The Saraswat Co-op Bank and major IT Companies will
discuss key areas related to;
1. Risk Management and Basel-II
2. Internet & Mobile Banking
3. Financial Frauds & Information Security
4. ATMs- Outsourcing, Networks & Trends
5. Technology for Cooperative & Smaller Banks
An exclusive workshop on Data-Mining, Business Intelligence &
Knowledge Management will be conducted by the faculty of IIT-Mumbai,
IIM-Ahmedabad & NMIMS-Mumbai.
Bank Tech Summit will have special networking breaks and interactive
Q&A sessions. The summit will get widespread media support from
across the globe.
SPECIAL DELEGATE DISCOUNTS
Participants attending the conference will gain greatly through the
information sharing, interaction and exchange of views with industry
experts. Summit will provide great opportunity to network with
decision makers to expand business relationships and opportunities.
Special Discount of 30% on delegate fee is available up to 30th July
2006, subject to the availability of seats. We also have limited
number of complimentary passes for senior officials from cooperative
banks.
For delegate rate card & other details mail us at:
conference@...
OR VISIT- http://www.banknetindia.com/bts2.htm
ABOUT BANKNET INDIA CONFERENCES:
Banknet India, promoted by senior bankers is focused on Banking
Knowledge, Research and Conferences. Banknet India is one of the
largest organisers of Banking Industry Conferences from India.
Last 5 conferences were supported by more than 60 major IT
Companies. Conferences were attended by more than 1500 participants
from 382 organizations in 15 countries. This included delegates from
nearly every major bank in India.
Banknet India brought together prominent speakers from major banks,
IIM Ahmedabad and global IT companies at the Second Annual CTO
Summit on 10th May'06 to discuss the major challenges faced by the
banking industry.
The summit witnessed engaging discussions on business continuity,
business intelligence, CRM, payment systems and implementation of
core banking solution among others. Risk management and Basel II
compliance emerged as two top priority matters concerning the Indian
banking industry.
Panelists at the summit agreed that as the deadline to start
implementing Basel II comes closer, Indian banks need to step up
their efforts to become Basel II compliant. Commercial banks must
see to it that they have tools and provisions in place that ensure
comprehensive data collection and analysis, which is the foremost
criteria for Basel II compliance.
Anti Money Laundering (AML) was another topic which generated quite
a bit of interest. Concern was raised about the ability of banks to
deal with AML issues in mobile transactions. The view was that AML
solution for banks needs to shift focus into dynamic risk profiling
and move into risk assessment matrix.
An expert on Data Mining, Business Intelligence in Banking and
Finance & CRM from IIM, Ahmedabad emphasized that Data Mining does
not require a high degree of analytical skills but the knowledge and
understanding of doing business
It was brought to the notice that RBI is working on an arrangement
for three concurrent sessions of the cheque truncation project for
clearing of high value cheques, local clearing of cheques and inter-
city clearing of cheques, with an ability to close these sessions at
any point of time.
On Core Banking Implementation, a prominent speaker said the
critical issues which need to be addressed at the implementation
stage are Data Migration, Vendor SLAs, Interface with legacy
software & IT security and control issues. The CTO summit which had
the theme of `Transforming Through Technology' concluded with the
consensus that technology will be the key for banks in their efforts
to achieve standardization and meet the challenges arising out of
business and regulatory requirements.
`CONTRIBUTIONS' – A Banknet India Publication was launched at this
gathering. This publication is a collection of 10 papers on Banking,
Finance & Technology written by faculty from top business schools
and senior executives.
Mr Anurag Khanna, CEO, Banknet India announced that Second Volume of
CONTRIBUTIONS will be released at Banknet India's Second
International Bank Tech Summit in Setember 2006.
For more visit- http://www.banknetindia.com/
Support the cause - sign the petition
_____
From: Manish Syal [mailto:manish.syal@...]
Sent: Monday, May 22, 2006 1:10 PM
To: Pooja Shah
Subject: Ban Quota - Say no to reservations - Manish Syal
Hello Pooja Shah,
You are receiving this email from BanQuota.com <http://www.banquota.com> on
behalf of Manish Syal.
The Government of India has recently indicated that it will increase the
caste based quota for seats in engineering, medicine and management schools.
The current quota levels stand at 22.5% for the lower castes, tribal people
and other backward castes (OBCs). The Government wants to increase this to
49.5%. .
The National Knowledge Commission, a group of expert advisers to Prime
Minister Manmohan Singh, voted 6-2 against widening caste quotas in higher
education. The big worry for many is that the next step would be to force
private industry to accept caste based quotas at a time when global
competition is causing many to sink. .
You can support us by joining in our fight against the quota system. You can
make a difference by raising your voice by signing the online petition
<http://www.banquota.com/signpetition.aspx> on BanQuota.com. Remember, the
time to act is NOW. Waiting for others to take action will result in the
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system..
We sincerely hope that you will support this cause be signing the petition.
Please forward this mail to your friends, family and co-workers.
Regards,
www.banquota.com
[Non-text portions of this message have been removed]
Dear Members,
I am an NRI. I sent money to India 3 years ago to a NRO account. From
the NRO account, the money was deposited into Post Office deposit. The
PO deposit interest rates were better than the NRO interest rates. But
PO deposits could be done only by residents of India. So, I gave my
dad's home address for my deposits in the PO.
Now I want the money to be repatriated back to US. Is it possible ? If
possible how do I go abt it ? Pls let me know.
Thanks
Savitha
Banknet India's Annual CTO Summit on 10th May 2006 at Taj Lands End,
Mumbai will discuss how to effectively use IT in banks to manage
regulatory requirements, control risks and enhance profitability &
efficiency.
IIM Ahmedabad is supporting this Summit as the Research Partner and
will contribute significantly to the knowledge quotient of the
Summit. The Summit will also showcase products of technology vendors
across the globe.
CTOs, CIOs & Business Heads from 18 major banks, Reserve Bank of
India, Faculty from top Business Schools and senior Technology
professionals will discuss and debate on the key areas of -"Risk
Management, Basel II, Business Continuity, Anti Money Laundering,
Data Mining, Business Intelligence, CRM, Payment Systems, Multi
Channel Strategies- ATMs, E Banking and Implementation of Core
Banking Solutions."
Summit will help participants in understanding major challenges and
opportunities for Indian banks and identifying key trends that will
define decisions on technology and operations in financial
institutions.
Participants will get insight into the minds of the most influential
decision makers in banking industry and get opportunity to exchange
views and network with senior banking & financial services
professionals.
Special rates for delegates are available up to 20th April 2006,
subject to availability of seats. For booking visit-
http://www.banknetindia.com/cto2.htm
Banknet India promoted by bankers is focused on banking knowledge
and research. Banknet India is one of the largest organizers of
Banking Industry Conferences. Visit at- http://www.banknetindia.com
RBI has decided that the interest rate ceiling with respect to FCNR(B)
deposits be increased by 25 basis points. Accordingly, the interest
rates on FCNR(B) deposits of all maturities contracted effective close
of business in India on March 28, 2006.....
Read full report at- http://www.banknetindia.com/banking/6316.htm
Banknet India's Second Annual CTO Summit- Transforming Through
Technology" on the 10th May 2006 at Taj Lands End, Mumbai, India
will bring together the largest number of CTOs, CIOs, COOs and
Business Heads from the banking, industry. IIM Ahmedabad is the
Research Partner and will contribute significantly to the Knowledge
quotient of the summit.
The Challenge for banks/FIs continues to be the usage of technology
to effectively manage & deliver in a highly complex environment and
transform their organizations into world class players. Top bankers,
Faculty from top Business Schools & Technology Vendors will discuss
and debate on the key areas in four interactive sessions:
• Risk Management, Basel II, Business Continuity, Anti Money
Laundering,
• Data Mining, Business Intelligence, CRM
• Payment Systems, Multi Channel Strategies, Information Security,
• Implementation of Core Banking Solutions.
Summit will provide a deeper understanding of the major challenges
and opportunities for banks. It will help in identifying key trends
that will define decisions on technology and operations in financial
institutions.
Listen to top bankers, faculty from Top Business Schools, Research
Consultancies & Technology Vendors and Exchange views and network
with the most influential decision makers in financial services.
There are special rates for bankers and early bird discounts for
others.
For details visit http://www.banknetindia.com
With hike of interest rates by State Bank of India, the largest Indian
Bank, housing loans are going to become costlier across the Indian
banking sector.
Real estate prices have risen substantially over the last few years
and this has resulted in high demand for home loans. The rise in
disposable income of salaried class is also fuelling the demand.
The tax benefits available on home loan interest and repayment is also
a major factor in driving demand. As per the current regulations,
individuals can claim up to Rs 1 lakh per annum as deduction for home
loan principal repayment and additional deduction of Rs1.5 lakh
towards interest payments.
Therefore the marginal increase in home loan rates may not
significantly impact home loan business growth.
Read more at- http://www.banknetindia.com/
Reserve Bank of India in its Third Quarter Review of Annual Monetary
Policy for the Year 2005-06, has kept Bank Rate unchanged at 6.0 per
cent and Cash Reserve Ratio (CRR) at 5.0 per cent. However fixed
reverse repo rate has been increased by 25 basis points from 5.25 per
cent to 5.50 per cent.
According to RBI, on an overall assessment, the outlook for the Indian
economy has brightened considerably in the first three quarters of
2005-06. The overall stance of monetary policy is to maintain the
emphasis on price stability, continue to support export and investment
demand in the economy and provide appropriate liquidity to meet
genuine credit needs of the economy.
Read more at- http://www.banknetindia.com/banking/artpol1.htm
Top Management of Reserve Bank of India, IDRBT and senior officials
from 100 Banks and FIs will come together at Banknet India's
Conference on Payment Systems in Banks on 17th January 2006 at Taj
Lands End, Mumbai, India.
Banknet India's Conference on Payment Systems in Banks would see the
largest gathering of bankers ever, in an Indian Banking Conference.
An exhibition will also be organized in the pre-conference area and
more than 20 exhibition stalls will showcase the products of major
technology vendors.
The conference will focus on Payment System Upgradation in Banks,
Cheque Truncation, Automatic Clearing House (ACH), Electronic
Clearing Service (ECS), RTGS, Card Payment Systems, AML, KYC, Basel
II etc.
According to Mr Anurag Khanna, CEO, Banknet India, this conference
assumes great importance as RBI is strengthening the computerized
cheque clearing and expanding the reach of Electronic Clearing
Services (ECS) and Electronic Funds Transfer (EFT). This Conference
is of immense value for the senior bank executives as banks in India
are quickly upgrading their payment systems, largely driven by the
need to modernize and meet regulatory requirements.
For registration or more details visit: http://www.banknetindia.com
Banknet India's Conference on Payment Systems in Banks on 17th January 2006 will
be the largest gathering of bankers ever in a Banking Conference in India.
Nearly 500 delegates are expected to attend the conference.An exhibition will
also be organized in the pre-conference area and about 25 exhibition stalls for
vendors will be strategically located outside the conference hall.
This Conference provides a unique opportunity to get first hand insight on
Banking Payment and Settlement Systems from the Indian regulator, Reserve Bank
of India, top bankers and industry experts. Participants also get a rare
opportunity to network with top officials from around 100 banks.
The conference will focus on Payment System Cheque Truncation, Automatic
Clearing House (ACH), Electronic Clearing Service (ECS), RTGS, Card Payment
Systems, Cash Management etc. It will also discuss the impact of new Regulations
like AML, KYC, Basel II and Technologies on Bank Products & Services.
Dr. R. B. Barman, Executive Director, Reserve Bank of India (RBI) has kindly
consented to be the Chief Guest and Mr. A. P. Hota, Chief General Manager, Dept.
of Payment & Settlement Systems (DPSS), RBI will deliver the key note address.
Other Speakers will include Business Heads and CTOs from some of the largest
banks in India.
An early bird discount is available for the delegates. Delegate fee from bankers
is at 75% discount of the fee charged from others. Few exhibition stalls,
sponsorship, speaker opportunities are also available.
For details please visit:
http://www.banknetindia.com/payment06.htm
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The State Bank of India (SBI) has launched number of deposit schemes
to attract India Millennium Deposit (IMD) holders to reinvest their
money in the country. The Rs 37,000-crore of IMDs are due for
redemption on 29th December, 2005.
FAQ ON IMD
1. WHAT IS THE DATE OF REDEMPTION OF IMDS?
29th December, 2005.
2. WHAT ARE THE CURRENCIES IMDS WERE ISSUED IN?
US Dollar, EURO and GB Pounds.
3. WILL THE CURRENCY OF ISSUE OF IMDS BE THE SAME AS THE CURRENCY OF
REDEMPTION?
Yes, except if the IMDs have been gifted to an Indian resident in
which case the redemption proceeds will be paid in non-repatriable
Indian Rupees.
4. HOW WILL I GET THE REDEMPTION PROCEEDS?
Redemption proceeds will be paid by means of a cheques payable in:
USA for USD denominated payments,
Frankfurt for EURO denominated payments,
London for GBP denominated payments,
India for Rupee denominated payments.
Read more at: http://www.banknetindia.com/banking/IMD05.htm
Today, the role of IT has become so integrated and pervasive with
banking that it becomes necessary to mitigate the operational risks
arising out of failure of IT systems. Banking services came to a
standstill in Mumbai on 26th July 2005, due to unprecedented heavy
rains. It also affected banking services in other cities, as most
banks have their central switch for ATMs and core banking solutions
in Mumbai.
However, alternative data back-up centers established by banks in
other cities saved the day. Timely action also saved the banks in
protecting the data by transferring it to alternate centers in the
country.
Reserve Bank of India (RBI) guidelines requires banking and
financial institutions to have a disaster recovery plan in place.
However, Reserve Bank's study in April 2005 revealed that some
banks were still in the process of framing a business continuity
plan (BCP). It is imperative that all banks have BCP's in place to
be in readiness to tackle serious business disruptions.
According to Mr Anurag Khanna, CEO, Banknet India, banks with
centralized systems and advanced technology infrastructure need to
take extra precaution, so that their services in other part of the
country are not disrupted, due to disaster at major centers like
Mumbai.
According to Banknet India, an IT focused banking research company,
in last 3 months major banks like State Bank of India, Oriental Bank
of Commerce, Canara bank, Bank of Maharastra, Indian Overseas Bank
have floated tenders to scale up their disaster recovery and
business continuity systems. In coming months, such requirements
will increase multifold as the banks in India are now looking at
their business continuity plans seriously and gearing up to put
disaster recovery systems in place.
BANK TECH SUMMIT, an International Conference organized by Banknet
India on 22nd September 2005 at Mumbai will address Planning and
implementation of disaster recovery and business continuity,
Managing business & technology risks in banks. Other areas to be
discussed at the conference include: RTGS, Cheque Truncation, ATMs,
Alternate Payment channels, Business Intelligence, Data mining,
Customer Relationship Management, Risk Management, KYC, Cash
Management etc.
For more information on Bank Tech Summit, please visit:
http://www.banknetindia.com
We invite you to participate in Bank Tech Summit, an International
Conference & Exhibition, organized by Banknet India on the 22nd Sept
2005 at Taj Lands End, Mumbai, India. Nearly 300 senior level
banking and IT industry professionals are expected to participate in
the Summit from India, Australia, Cyprus , Malaysia, France, Japan,
Oman, Singapore, UK, USA, etc.
More than 20 speakers from regulatory bodies, banking institutes,
major banks, technology vendors and research companies across the
globe will address the Conference. 25 Major IT Companies will
showcase their products at the Exhibition.
Bank Tech Summit will provide a platform for knowledge sharing and
networking for professionals from BFSI & IT industries. Participants
attending this conference will gain greatly through the information
sharing, interaction and exchange of views with industry experts,
and networking with decision makers, to expand business
relationships and opportunities.
CONFERENCE AGENDA
Banks have made significant investments in IT but not many have
reaped appreciable benefits. Banks are therefore required to address
issues in moving from using technology to leveraging it for business
benefits. The theme of the summit is Leveraging IT for business
benefits in banks. The Conference sessions will focus on:
Session II- Disaster Recovery, Business Continuity, Core Banking
Session III- RTGS, Cheque Truncation
Session IV- Business Intelligence, Data mining, Customer
Relationship Management
Other related areas to be discussed at the conference include: Risk
Management, Alternate Payment channels, KYC, Cash Management,
Remittance etc.
SPONSORS: This Summit present excellent sales and marketing
opportunities. There is a strong linkage between the conference and
the exhibition, as products/services relevant to the theme of the
conference will be showcased at the exhibition.
DELEGATES: There is an early bird discount for delegates up to the
22nd August 2005. To ensure bankers participation, more than 50%
discounts are offered to the delegates from banks.
For more information, please mail to us at
conference@...
or visit: http://www.banknetindia.com