PRESENTATION OF BANKING & INSURANCE OPERATIONS

2013- 14 Banking Industry Outlook Moving forward in the age of re-regulation

Presented By: Gurinder Kaur Nandini Bhalla Surinder Singh

A bank is a financial institution and a financial intermediary that accepts deposits and channels those deposits into lending activities, either directly by loaning or indirectly through capital markets. A bank links together customers that have capital deficits and customers with capital surpluses.

INTRODUCTION
The first banks were Bank of Hindustan (1770-1829) and The General Bank of India, established 1786. The largest bank, and the oldest still in existence, is the State Bank of India. Reserve Bank of India is vested with the responsibility of regulating and supervising Banking in India. Indias banking sector is on a highly growth industry according to a World Bank report.

Earning back the trust

The Consumer Financial Protection Bureaus (CFPB) .

The development and delivery of clear disclosures, consistent processes, and development of training and compensation to reinforce proper sales behaviours.

Data Centric Organization -organizations success

Big data has been the most popular new trend. Major tools Master Data management Data governance Data cleansing/ hygiene

Investing in improved operations at reduced cost

Technology-based strategies are gaining favour not only to

improve margins, but also to improve overall performance.

Technologies are being applied in commercial and

mortgage lending operations to reduce manual handling.

Cloud computing.

Creating of digital bank

Customers used their mobile

devices constantly to text, browse, etc.

Banks are beginning to utilize

Face book allowing their customers to check balances, make transfers, and pay bills via a banking plug-in to their Face book account.

Mobile payments
The Majority Use Smart Phones The Key age segment is 25-34 year olds Mobile Banking users are more affluent. Speed & Convenience are Top Benefits

Desperately seeking growth

The opportunities for

growth are likely to remain constrained for the coming year . For example, growth in demand for middle-market commercial lending and corporate transaction services continue to be a bright spot .

2014- Banking Sector

RBI governor has been talking about offering banking licences. 1. Aditya Birla Nuvo Ltd., Mumbai. 2. Bajaj Finserv Ltd., Pune. 3. Bandhan Financial Services Pvt. Ltd., Kolkata. 4. Department of Posts, New Delhi. 5. Edelweiss Financial Services Limited, Mumbai. 6. IDFC Limited, Mumbai. 7. IFCI Limited, New Delhi. 8. Indiabulls Housing Finance Limited, New Delhi. 9. India Infoline Ltd., Mumbai. 10. INMACS Management Services Limited, Gurgaon. 11. Janalakshmi Financial Services Pvt. Ltd., Bangalore. 12. J M Financial Limited, Mumbai. 13. LIC Housing Finance Ltd., Mumbai

Contd.
14. L & T Finance Holdings Limited, Mumbai. 15. Magma Fincorp Limited, Kolkata. 16. Muthoot Finance Limited, Kochi. 17. Reliance Capital Limited, Mumbai. 18. Religare Enterprises Limited, New Delhi. 19. Shriram Capital Limited, Chennai. 20. Smart Global Ventures Pvt. Ltd., Noida. 21. SREI Infrastructure Finance Limited, Kolkata. 22. Suryamani Financing Company Limited, Kolkata. 23. TATA Sons Limited, Mumbai. 24. Tourism Finance Corporation of India Limited, New Delhi. 25. UAE Exchange & Financial Services Ltd., Kochi. 26. Value Industries Limited, Aurangabad.