future direction of indian banking and career opportunities in banking sector by m.v tanksale,ce,iba
TRANSCRIPT
Future Direction of Indian Banking and
Career Opportunities in Banking Sector
By
M.V Tanksale,CE,IBA
Market Share
Indian Banking- Players
Public Sector Banks 27
Private Sector Banks 23
Foreign Banks 46
RRBs 56
Co-op Banks UCBs 55Rural credit societies (in 000s)
Differentiated Banks Yet to be operational
Payment Banks 11
Small Banks 10
Indian Banking- FactsChannels & Outlets Penetration
Bank Deposit 68% of GDP. Stood at
₹91 lakh Crs
Bank Credit 52% of GDP.
Stood at ₹ 68 lakh Crs.
Investments stood at ₹ 26 lakh Crs.
Population per Branch = 10,800
Indian Banking- Exposure
Challenges
• Risk Management – Credit/Market/Operational Risks.
• Capital to meet the growing needs of the country and Basel III. •Stressed Assets and Management of NPAs
• People – Specialized and skilled staff. HRM Management.
• Differentiated Banks and adjustments in the Banking Landscape.
• Robustness of the system to detect fraud and money laundering. • Leveraging technology to improve the productivity.
• Technological Devts – Disruptive Innovations – Fintech/E-Commerce,etc .
Opportunities
Upward growth of the Indian Economy in the next 3-5 Years.
Greater Demand for Skilled & Talented personnel particularly
Banking, Financial Services and Insurance Sector.
Analytical Skills , logical bent of mind with forecasting abilities, the ability to investigate or translate numeric or fiscal information to trends, awareness of economic or financial scenarios are imperative to excel in a career of finance.
Para Banking Activities –Insurance, Mutual Funds and Pension products of third parties . Cross Selling of Products. Fee Income of Banks.
Exposure in all verticals Corporate, retail , treasury, Agriculture etc
Opportunities Public Sector Banks have presence in all geographic regions
of the country, have good branch network, hence sufficient
exposure in all geographic regions.
Private banks offer equally competitive exposure.
Challenging opportunities in all verticals of the Indian Banking Sector
Corporate Segment Retail Segment, Priority Sector Educational Sector SME Segment Specialised Areas like Treasury Risk Management, Economic Research HR Management Parabanking Activities
Scope for innovation and opportunities to move up in career for
Management Students in Financial Sector.
Financial Inclusion• India has 6 lakh unbanked villages.
• Bank-led Financial Inclusion -Flagship Programme of the Government – PMJDY
• Pradhan Mantri Jan Dhan Yojana successfully accomplished. 19.34 crores accounts opened. ₹ 26,956 crore deposits mobilised.
• Pradhan Mantri Jan Suraksha yojana launched . Aims to offer insurance and pension services to the masses. 9.17 crs Suraksha Bima Policies and 2.86 crores Jeevan Jyoti Bima Policies opened.
• Direct Benefit Transfer already in vogue. All subsidy payments are routed through bank accounts.
• For KYC- Aadhar is being used.
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ROLE & RESPONSIBILITY ROLE & RESPONSIBILITY OF FUTURE BUSINESS OF FUTURE BUSINESS
LEADERSLEADERS What does Business School contributes?
Business Schools create Entrepreneurs & Leaders.
What is expected of MBAs of Business School?
What would be our role in shaping our world?
What kind of a generation of leaders will it take to tackle problems of inclusive growth, sustainable growth amidst challenges posed by uncertainties of several kinds-
Economic uncertainty
Political uncertainty
Environmental uncertainty
ROLE & RESPONSIBILITY ROLE & RESPONSIBILITY OF FUTURE BUSINESS OF FUTURE BUSINESS
LEADERSLEADERS India Needs Entrepreneurs Management Students To Choose Between Consultancy
And Entrepreneurship
Banks To Supplement With Finance/Capital
Bring Best Global Practices
Good Governance
Business Ethics & Values
Public Banks and Private Banks are equal in terms of opportunity, but competition within the bank is pronounced in
Private than in Public.
Young people are fit to invent than to judge; fit for execution than for counsel; and fit for new ideas than for clichés.
SUCCESS MANTRA FOR A LEADER: For true success ask yourself these four questions; Why? Why not ?Why not me? Why not now?
THANK YOU