The landscape of Banking continues to evolve as increasing use of technology helps the industry to secure a strong foothold and progress towards growth. As the revolution in the telecom sector sweeps across the entire nation, the banking industry and service providers explore options to improve their service delivery models and increase reach of banking services to a larger section of the population.
 
It is imperative to trace how the benefits of technology will percolate to the un-banked population, bringing more people under the fold of banking; how cost reduction will be aided and the role played by technology to facilitate cheaper, faster and easier transactions. Currently, there is a need felt for creating a common platform to service the entire value chain rather than just the urban belt. To that effect, all stakeholders need to collaborate to create an operative sustainable business model to drive growth.
 
It is against this backdrop that CII presents its 6th International BANKing TECH Summit 2011. In line with the trend, the summit once again aims to bring together all stakeholders from the banking, technology and regulators on a common platform. This provides an opportunity to the stakeholders to discuss and deliberate upon the challenges faced by the industry today and how best to channelise innovations in technology to adopt a sustainable and inclusive growth strategy.
 
New dimensions of banking are being explored with the concept of “Universal Banking” which needs to take a more defined shape and perspective in the light of further use of IT, aiming to simplify transactions, scale up banking operations and strive towards optimum resource utilization. The summit thereby seeks to address the challenge of a sustainable delivery model and the need to innovate on the product development front to generate more revenues for banks.
 
It is with this background, the theme of this summit is "Changing Rules of the Game through Technology".
 
 
 
 
 
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