Technology â The Core Service Differentiator for The ... - IDRBT
Technology â The Core Service Differentiator for The ... - IDRBT Technology â The Core Service Differentiator for The ... - IDRBT
Technology and Banking THE RBI RESPONSE Supervision Offsite Supervision & Monitoring OSMOS COSMOS (Non banking Financial Companies / Development Financial Institutions) UBD Soft Credit Information Bureau (A joint venture between Housing Development Finance Corporation Ltd., State Bank of India, Trans Union International Inc. & Dun & Bradstreet Information Services India Pvt. Ltd.) INSTITUTE FOR DEVELOPMENT AND RESEARCH IN BANKING TECHNOLOGY October 9, 2004 Vepa Kamesam, Chairman IDRBT
Currency Management and Technology – Opportunities Galore Currency Management - a formidable task in India given… • the geographical size, the volume and value of notes and coins in circulation, preference for cash and currency handling practices • ...but technology offers immense opportunities to improve performance RBI’s The Clean Note Policy (1999) Establishment of 2 state of the art currency presses Technology driven anti counterfeit measures 48 fully automated Currency Verification & Processing Systems 21 Shredding and Briquetting Machines INSTITUTE FOR DEVELOPMENT AND RESEARCH IN BANKING TECHNOLOGY October 9, 2004 Vepa Kamesam, Chairman IDRBT
- Page 1 and 2: Technology - The Core Service Diffe
- Page 3 and 4: Innovative Risk Management Complex
- Page 5 and 6: Focus aspects of Commercial Banking
- Page 7 and 8: Technology - A Differentiator Techn
- Page 9 and 10: How Long a Differentiator? Then….
- Page 11 and 12: The Human Interface Technology mean
- Page 13 and 14: Elements in People Issues Choosing
- Page 15 and 16: Technology Acquisition Inappropriat
- Page 17 and 18: Technology and Central Banks Techno
- Page 19: Regulation and Supervision - The Ch
- Page 23 and 24: Technology & Monetary The Opportuni
- Page 25 and 26: NEFT NFS/IBPG CFMS PKI-based Securi
- Page 27 and 28: JAMMU CHANDIGARH IN FIN ET Le a se
- Page 29 and 30: Structured Financial Messaging Syst
- Page 31 and 32: IDRBT CA Physical Infrastructure Ti
- Page 33 and 34: RBI Initiatives in Payment and Sett
- Page 35 and 36: RTGS Scenario 87 banks have impleme
- Page 37 and 38: Centralised Funds Management System
- Page 39 and 40: RBI Initiatives in Payment and Sett
- Page 41 and 42: Smart Cards - The Future Multi-appl
- Page 43 and 44: RBI itself uses Technology for diff
- Page 45 and 46: RBI and Customer Service...(2) Impr
- Page 47 and 48: Issues in Implementation “Less th
- Page 49 and 50: The pre-requisites for Technology P
- Page 51 and 52: Need for Training All these develop
- Page 53 and 54: Monetary Policy - The Challenge (1)
- Page 55: Monetary Policy - The Opportunity T
<strong>Technology</strong> and Banking<br />
THE RBI RESPONSE<br />
Supervision<br />
Offsite Supervision & Monitoring<br />
OSMOS<br />
COSMOS (Non banking Financial Companies /<br />
Development Financial Institutions)<br />
UBD Soft<br />
Credit In<strong>for</strong>mation Bureau (A joint venture between<br />
Housing Development Finance Corporation Ltd.,<br />
State Bank of India, Trans Union International Inc.<br />
& Dun & Bradstreet In<strong>for</strong>mation <strong>Service</strong>s India Pvt.<br />
Ltd.)<br />
INSTITUTE FOR DEVELOPMENT AND<br />
RESEARCH IN BANKING TECHNOLOGY<br />
October 9, 2004<br />
Vepa Kamesam, Chairman <strong>IDRBT</strong>