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Banking system ppt

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Banking system ppt

  1. 1. Presented byMBA 1st Semester ILAMBangalore Campus
  2. 2.  Introduction Old banking system New banking system Conclusion References
  3. 3. “A bank is a financial institution and a financial intermediary that accepts deposits and channels those deposits into lending activities, either directly or through capital market. A bank connects customers with capital deficits to customers with capital surpluses.”
  4. 4.  PHASE 1 Early phase from 1786 to 1969 of Indian banks. PHASE 2 Nationalization of Indian Banks and up to 1991 prior to Indian banking sector Reforms. PHASE 3 New phase of Indian Banking system with the advent of Indian Financial & Banking Sector Reforms after 1991.
  5. 5.  ACCEPTING DEPOSITS ISSUAL OF DEMAND DRAFTS GRANTING LOANS & ADVANCES UNDERTAKING SAFE CUSTODY OF VALUABLES,IMPORTANT DOCUMENTS & SECURITIES BY PROVIDING SAFE DEPOSIT VAULTS OR LOCKERS
  6. 6.  DOCUMENTATION IS MAINTAINED THROUGH LEDGERS ONLY. MINIMUM BALANCE FOR OPENING AN ACCOUNT WAS MORE DURING THIS PERIOD. CREDITS WERE GRANTED AT VERY HIGH RATE OF INTEREST. TOKEN SYSTEM FOR WITHDRAWAL OF CASH FROM THE ACCOUNT.
  7. 7.  POSSIBILITY OF HUMAN ERRORS . TIME CONSTRAINT. CUSTOMER RELATIONSHIP WAS LIMITED. OVER DRAFT WAS NOT AVAILABLE. PROCESSING FEES WAS CHARGED FOR ALL THE TRANSACTIONS . PASSING OF CHEQUES WAS DELAYED. LIMITED USE OF TECHNOLOGY.
  8. 8. WHY TECHNOLOGY IN BANKS ? TO TRANSFORM FINANCIAL SERVICES INDUSTRY IN THE NET- WORKED WORLD: -INCREASED OPERATION EFFICIENCY,PROFITABILITY & PRODUCTIVITY - SUPERIOR CUSTOMER SERVICE - PROVIDE SERVICES / PRODUCTS ACROSS A RANGE OF CHANNELS - TO BE FUTURISTIC AND HAVE “TIME” VALUE IN ALL ITS DEALINGS WITH CUSTOMERS -IMPROVED MANAGEMENT/ACCOUNTABILITY -BETTER CROSS SELLING ABILITY -MINIMAL TRANSACTION COST -IMPROVED FINANCIAL ANALYSIS CAPABILITIES.
  9. 9. Human Resource Business empowerment process Re- Engineering Planning for DisastersPre-requisites for Technology
  10. 10. CORE BANKING SOLUTIONS(CBS)“Pooling data at central server”CUSTOMER RELATIONSHIP MANAGEMENT(CRM)
  11. 11. ELECTRONIC FUND TRANSFER(EFT)ELECTRONIC CLEARING SYSTEM(ECS)ANY BRANCH BANKINGRISK MANAGEMENTATM’SCARD MANAGEMENTMOBILE BANKING
  12. 12. HACKINGPHISHINGPHARMINGSKIMINGTROJAN
  13. 13. “The reforms to the old Banking system with the advent of technology has bought in a dramatic change in its functioning and has increased customer relationship.”
  14. 14. Technology in Indian Banking[Commercial Banking].Traditional Banking System in India.Trend & progress of Banking in India, RBI 2006Google search.www.antiphishing.com

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