Television

CNBC holds discussion on 'Managing Consolidation in the Banking Industry'

http://www.indiantelevision.com/sites/default/files/styles/smartcrop_800x800/public/images/tv-images/2016/04/20/CNBC.jpg?itok=L4tpAf-S

MUMBAI: CNBC-TV18 and Oracle together held a discussion on the issue of 'Managing Consolidation in the Banking Industry' in Mumbai recently.     

This first of its kind roundtable explored the challenges of consolidation in the banking industry from the business angle, the employee standpoint, the customer's point of view, the technological angle as well as the impact of Basel II on the Banking Industry.

'Managing Consolidation in the Banking Industry' proved that the business realities together with the finance ministry can make consolidation inevitable. The forum also revealed that 'Preparing for consolidation' was the need for businesses earlier but the new environment throws in fresh challenges for banks to test the veracity of the concept of consolidation.

Eminent panelists who took part in the discussion were, Union Bank of India CMD Cherian Varghese, Oriental Bank of Commerce CMD BD Narang, Dena Bank CMD Anil Khandelwal, Yes Bank MD and CEO Rana Kapoor, ICICI Bank DMD Kalpana Morparia, Deloitte Touche Tomatsu ED Ashwin Parekh, Asia Pacific Oracle Corporation vice president financial services Alan G Payne and McKinsey director Leo Puri.

Morparia said, "Today, the top five banks constitute 43 per cent of the total banking market. Mergers are inevitable because of concentration in the segments. Mergers happen because they make business sense not because they are a good thing to do."

Kapoor, on the other hand, said, "Small is beautiful. Small comes without legacy. We have the freedom to put robust systems in place. There is an opportunity now for the launch of private banks who need financial support. There is also opportunity for aggregation to take place, however, somebody needs to take the initiative. Also, catalytic forces need not necessarily be foreign. Enough potential exists within our country. New forces will eventually emerge."

Commenting at the forum CNBC-TV18 vice president sales and marketing B Sai Kumar said, "Consolidation in the banking business has finally become a reality. Until recently, it was more of 'Preparing for consolidation' but has now become quite imminent. CNBC-TV18 aims at bringing to the fore the effect of the inevitable consolidation of banks, on people from different walks of life. Through this forum, CNBC-TV18 stands by its effort at empowering Indians to make informed decisions and improving their quality of life."

Latest Reads

http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/09/18/camp.jpg?itok=Eh67R1fK
iTV Foundation organizes free day-long health camp in Karnal

Haryana Chief Minister Manohar Lal Khattar on Monday inaugurated iTV network foundation's free health camp which was held in Karnal, Haryana and lauded the initiative taken by the group. Speaking at the event, Manohar Lal Khattar said that their objective is to increase the number of doctors in the...

Television TV Channels News Broadcasting
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/09/18/kids_0.jpg?itok=otInOyzM
Viacom18 dials up its kid’s ecosystem - extends the KidZania association to Mumbai

Viacom18, India’s fastest growing media & entertainment network is all set to extend its association with KidZania to Mumbai.

Television TV Channels Kids
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/09/18/raj.jpg?itok=_J83VD2q
Rajiv Mathrani joins Star Sports as chief marketing officer

Star Sports has appointed Rajiv Mathrani as its new chief marketing officer (CMO), a source close to the development has confirmed to Indiantelevision.com.

Television TV Channels Sports
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/09/18/ibf.jpg?itok=fE9MgDPX
IBF rejigs board; appoints VPs to steer key objectives

The board of directors of the Indian Broadcasting Foundation (IBF) has unanimously appointed Siddharth Jain, Rajat Sharma, Sudhanshu Vats and K Madhavan as the vice-presidents to broadbase and liaise with the government and other stakeholders for the sectoral growth.

Television TV Channels People
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/09/18/news18.jpg?itok=sSmkZV2Z
News18 launches Google Progressive Web Apps in Hindi and Bengali

News18, India’s leading destination for news with more than 100 million active viewers per month, has worked with the Google team in India to launch Progressive Web Apps (PWAs) in Hindi and Bengali.

Television TV Channels News Broadcasting
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/09/17/mtv.jpg?itok=kNYXllOL
MTV beats is the fastest growing hindi music channel since launch

It is no secret that Indians love their Movies and Music. Hence, MTV Beats is stepping up the festive tempo with the launch of an array of differentiated content offerings as well as unique consumer led properties that the category hasn’t experienced before!

Television TV Channels Music and Youth
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/09/17/subhash.jpg?itok=cpSxWPuj
Essel’s Subhash Chandra on Zee, OTT giants & the Jio juggernaut

Zee Entertainment Enterprises (Zee) has withheld challenges from international broadcasters to acquire a place as one of the top media companies in India. While several players with deep pockets are investing a high amount in content, Essel Group chairman Subhash Chandra, with 26 years of...

Television TV Channels People
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/09/17/johari.jpg?itok=M2el-L2n
Star raises concern with ACC over revenue regeneration for Asia Cup; BCCI responds

Star has expressed displeasure on Virat Kohli’s absence from the Asia Cup and had asked Asian Cricket Council (ACC) to get in touch with the BCCI, according to a report by Press Trust of India.

Television TV Channels Sports
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/09/17/Synamedia.jpg?itok=rbH_Ge1V
Synamedia sets out corporate vision, strategy and investment focus

Synamedia, the new company that will be formed from the sale of Cisco’s video processing and video solutions business to private equity firm Permira funds today revealed its vision and investment focus as an independent entity.

Television TV Channels News Broadcasting

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories