The business landscape of BFSI sector is quickly evolving. With their extensive IT budgets, BFSI players continue to create major revenue opportunities for IT solutions providers. TCS, i-flex solutions Ltd, Oracle etc are front runners in this respect. Globally, financial services firms are among the biggest spenders in the $72 billion enterprise software market. Services specifically ATM, phone banking, net banking etc require a greater level of integration and stronger networking capabilities.
Banks are increasingly relying on computerized services to address the growing needs of the consumers. But in the process of computerization and integration of these services, are banks beginning to lose the “Human” touch? Has convenience, and the quantum strides of computing power, turned banks into gigantic, faceless Teller Machines?
The discussion brought forth the salient features of these arguments and different perspectives were highlighted by Mr. H N Sinor, Chief Executive, Indian Banks Association alongwith Omkar Goswami, CERG India founder and India’s leading economist with CNBC-TV18’s Vivek Law.
Commenting on the Industry Vector Series, Omkar Goswami said, “The Industry vector series on CNBC-TV18 promises to be an in-depth journey to the heart of the Indian industry”.
The Industry Vector series is an 8 episode series on CNBC-TV18 focused on 8 hot sectors specifically: Infrastructure, Manufacturing, Media, Pharma, Logistics, Banking & Financial Services Industry, Education and ITES. Dedicated to industry verticals, Industry Vectors seek industry opinion, highlight burgeoning issues and encourage industry doyens to come together and address them.
The series will be telecast only on CNBC-TV18 on Saturdays at 10:30pm and on Sundays at 2:30pm.
About CNBC-TV18:
CNBC-TVI8 is India's No.1 business medium. CNBC-TV18 is the undisputed leader in the business. The channel's benchmark coverage extends from corporate news, financial markets coverage, expert perspective on investing and management to industry verticals and beyond. CNBC-TV18 has been constantly innovating with new genres of programming that helps make business more relevant to different constituencies across India. CNBC-TV18 is currently available in over 20 million households in India.
