Bankers make interesting presentations at the time of annual B and analysts, which contain treasures of information. Here is an account of how leaders at some of the leading banks analyze their own IT & digital initiatives, undertaken throughout FY 2022-23.
TECH PLANS BANKS ASPIRE
Asheesh Pandey, Executive Director, Bank of Maharashtra, briefed at the annual earnings conference call about the technological and the digital initiatives, which bank is aspiring and the areas which it wants to cover. Bank of Maharashtra is working upon the 3 important pillars. One is digital operations, which means whatever banking operations it is doing, making it increasingly technology based. Second is what sort of operations can be converted to digital journeys. The bank has also taken a decision that each month, there will be a digital launch day. The third pillar is digital compliance. When it becomes a legacy, it takes a lot of time and the resources and so the bank is thinking to imbibe all those compliances within the journey itself.
Asheesh updates: "We are banking upon the artificial intelligence that we are on the verge of finalizing, so that we will be directly taking up the robotic process automation. We have already started deploying. We have almost concluded 10 processes and we had the 62 approvals. We have already identified around 100. Next is machine learning, which is analytics or deep learning. It is in place with the analytics team in the bank, which we are using for our soft collections, also for the upsell, cross sell and also some of the areas where we have to strengthen or to understand where our stress book will be. The 4th is our website."
هذه القصة مأخوذة من طبعة September 2023 من Banking Frontiers.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 8500 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة September 2023 من Banking Frontiers.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 8500 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
Kamdhenu & Sammrudhi loans top rural customers
Unnayan Bharat Finance Corporation (UBFC) Director & Co-Founder Avneesh Trivedi shares the company's attempts to enhance the rural lending environment & deliver better services to its consumers:
It's going to be a 'world' of CBDCs
Practically, every central bank in the world is testing and readying a CBDC system:
Training for behavioral & social skills is key
3 CHROs from the top BFSI companies in India open up about their training and motivation programs aimed at enhancing employee effectiveness. The story is divided into 4 parts: (i) functional and behavioral training, (ii) manager to leadership training, (iii) learning-based training, (iv) motivational programs:
THE AI COMPASS
Artificial Intelligence has risen to be the hottest topic of discussion today. It is expected to impact everyone, and the impact could exceed that of war, global warming, supply chain disruptions, geopolitics, and much more.
To mentor & coach emerging leaders
Manish Shah, MD & CEO of Godrej Capital, outlines his focus areas today and in the future:
Innovation will unlock India's Mission 'Atmanirbhar’
Sunita Handa is Chairman, Toyota FSIN and Principal Advisor & TLAB Chairman, Protectt.ai Labs. She shares her current activities and her deep insights on innovaiton in an interaction with Manoj Agrawal:
Algorithm is the Boss
Irem Sayeed, Chief Credit Officer at U GRO Capital, dwells into business focus and modernization at the lender:
Fintech and Neobank under the same Umbrella
It was started in 1902 to build what came to be called Israel:
Bajaj Allianz Revolutionizes Employee's HR and IT Experience with WhatsApp, MS Teams, Al and Automation
A productivity booster shot at BALIC:
Small Beginning for a Big Opportunity
AMU Leasing's focus on serving the underserved market of individuals and fleets looking for financing for electric 3-wheelers and 2-wheelers: