Issue Highlights

Brazilian banks are less stressed

Reported by | Updated: March 1, 2017

Banks in Brazil are strong and efficient and are not subject to the vagaries of the economic disasters. An overview: Brazil is known to have an extremely efficient banking system. Most of the banks have launched digital banking while the branches span across the country, present in almost all the cities and towns. There are […]

YES Bank is on the cusp of a digital transformation

Reported by | Updated: February 27, 2017

Ritesh Pai, senior president and country head, Digital Banking at YES Bank, outlines how the bank is evolving into a 8 digital entity: Brian Pereira: What are the technologies that you invest in heavily? Ritesh Pai: YES Bank has embarked on the journey to be ‘Finest Large bank in India by 2020’ and customer service […]

SBI powering banking in Digital India

Reported by | Updated: February 27, 2017

   State Bank of India is investing highly in technology not just to simplify banking but to pursue its ambition of become a global behemoth:   A leading private sector bank launched online banking in India 19 years ago. Soon after, more private and foreign banks followed. But, where were the public sector banks? In […]

Digitization – an absolute necessity now

Reported by | Updated: January 30, 2017

Digitization has been the catch phrase for banks in 2016. Mobile-based payment solutions, blockchain technology, self-service, social media-based transactions and seamless P2P transactions are on their agenda: Today, digitization is not a mere option for the banking industry. It is a must for them to be functional, efficient and competitive. Digitization ensures improved customer experience, […]

Banks should use data analytics to gain efficiency

Reported by | Updated: January 30, 2017

Jasjeet Singh, partner – Financial Services Analytics, Advisory Services, Ernst & Young pitches for banks using analytics in an optimal manner N. Mohan: Can you broadly outline how analytics can solve the rural versus the urban cash crunch that is currently prevailing? Jasjeet Singh: While analytics cannot help print money faster, use of optimization algorithm […]

Baroda RKGB adds 1.6 lakh customers in 2 months

Reported by | Updated: January 30, 2017

K.P. Singh, Chairman at Baroda Rajasthan Kshetriya Gramin Bank, discusses the achievements and future plans: Mehul Dani: What are the plans for network expansion in 2016-17? K.P. Singh: Baroda Rajasthan Kshetriya Gramin Bank (Baroda RKGB) has 794 branches and 42 ATMs in Rajasthan at present. We intend to open 40 new branches during FY 2016-17. […]

Andhra Pragathi Grameena Bank to add 30 branches & 18 ATMs

Reported by | Updated: January 30, 2017

Andhra Pragathi Grameena Bank, sponsored by Syndicate Bank, operates in Andhra Pradesh. A brief review of their operations and the future plans: The Andhra Pragathi Grameena Bank came into existence in June 2006 after amalgamation of 3 RRBs – Rayalaseema Grameena Bank, Sree Anantha Grameena Bank and Pinakini Grameena Bank – into a single entity. […]

SBI General Insurance is almost digital-ready

Reported by | Updated: January 30, 2017

Gunjan Ghai, senior vice president and national head, Banking & Marketing and Product Development at SBI General Insurance, feels a young insurance company with a banking giant for its partner does have some advantages over the competition: Brian Pereira: You have an extensive range of products as also an efficient distribution network that includes over […]

Failing Italian banks

Reported by | Updated: January 24, 2017

Italy is in the thick of a banking crisis, which some describe as a greater risk than Brexit and which could threaten the Eurozone. The crisis claimed a prime minister, who quit following a referendum to amend the country’s constitution to give the government more power, and the confusion that came in its wake left […]

Ind AS impact on Indian banks

Reported by | Updated: January 2, 2017

Vivek Prasad, partner at Price Waterhouse & Co, answers the million dollar question: ‘How will the transition to Ind AS impact Indian banks?: It is already clear that banks would be impacted by the new Ind AS in a very significant manner. Ind AS would bring in pervasive changes, which would impact the capital adequacy […]

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FCBA Features Image