1. IT FESTA-2015
MIS& it’s Impact on BANKING INDUSTRY
Papers Presented by
Anagha P Kulkarni(MBA-2nd )
2. WHAT IS MIS?
An MIS is a set of processes or a system designed by organizations to collect,
tabulate, and interpret data and information in an organized manner to
provide a broad picture of the services a program renders and to guide
management decisions. Generally, an MIS has prescribed forms used for
recording or collecting information. These forms should be sent in a timely
fashion to the appropriate level or body within the organization for further
processing, analysis, and feedback.
4. WHY MIS ?
To have a competitive advantage.
To become faster processing system
To decrease the errors which are generally occurs
To be an accurate
For flowing information smoothly using system.
To integrate a overall data in an organization
And obviously to help Management to take a further
strategic decisions. according to that of information.
7. Increase in accuracy, it can
reduce the need of
employees sometimes.
IT helps to TALLY the Daily
position, which helps
management to take further
decisions regarding to
interest rates, or other
related things
At the time of Asset Liability
Management daily position
is automatically passes to
the Managers who is taking
that main decision
regarding to profit.
It is easier to have an OFF-
LINE surveillance. One
expertOne
officeIntegrated system.
BENEFITS TO THE BANK
Allowing the risk
management strategies and
for this purpose build up
appropriate sets of data and
market intelligence reports
Inter-Branch Reconciliation
of Accounts within a definite
time frame
8. CONCLUSION
The MIS are the SMART systems providing the
accuracy, error free environment which is
necessary for banks.
By integrating all the data with different hierarchy it
smoothens the flow of an information for managers
which is necessary to take the managerial and
finally the strategic decisions regarding the
business and it’s profit.
It is obviously a competitive advantage. which
makes the service sectors bank as a different from
others.
9. REFERENCES
Management Information System And ERP (prof. monali kahchne)
MIS for MBAs (prof. Ranjana Zinjore-)
“Some empirical evidences on IS strategy alignment in
banking”Information and management ,vol30
Cash ;McFarlan,W E;MCKenny ,J L and vital M R(1988)corporate
information systems management;Texts and cases.
Role of IS in banking industry: A M Rawani & M P Gupta.
MIS Usage at MFIs: A Pan-India Study ;Arjun Kashyap ;A Study by
Microfinance Insights.