The document discusses new generation banking in India. It notes that there were 17 old generation banks pre-1991 that have been joined by 12 new generation banks post-1991 economic reforms. New generation banks are adapting to trends like growing incomes, consumerism, and technology usage. This has implications like anytime banking from anywhere, a dismantling of physical bank structures, and the rise of new risks and financial instruments. Recent developments in banking include increased collaboration between banks and insurers, a focus on retail banking, new products, and a shift toward branchless banking models.

1. NEW GENERATION BANKING
PRATHEEBAN R
MBA - Ist year
Department of Banking Technology
School of Management
Pondicherry University

2. INTRODUCTION
 Present Private Banks - 23
 Pre – 1991 - 17 Old Generation Banks
 1991 Economic & Financial Sector Reforms
 Post – 1991 - 12 New Generation Banks
 Present – 7 New Generation Banks

3. CONSIDERING TREND
 Changing mindsets-willingness to borrow/lend
 Desire to improve lifestyles
 Fiscal incentives for home loans
 Growing consumerism
 Growing disposable incomes
 Higher adaptability to technology
 Increasing literacy levels
 Youngest population in the world

4. IMPLICATIONS
 Anywhere Anytime Anyplace Banking
 Banking at Convenience
 Dismantling of Physical Structure
 Disappearance of Conventional Risk and Arrival of New Risks
 Goodbye to Traditional Instruments and Invitation to New
Instruments
 Leading to Currency-less Monetary system

5. RECENT DEVELOPMENTS
 Bank assurance – Collaboration
between Banking and Insurance
Companies
 Business Transformation
 Change in Customer Expectations
 Corporate governance
 Improvement in Service Quality
 Increasing focus on Retail Banking
 Increasing non-interest and fee
based income
 Mergers acquisitions and
consolidations
 New Products and Services
(Product Innovation and Branding)
 Outsourcing of Resources
 Product and Process Innovation
 Shift Towards Branchless Banking

6. CONCLUSION
 MEETING THE NEXT GENERATION

7. THANK YOU!