| Mumbai, April 18, 2006: CNBC-TV18, the leading Business
news channel, in association with Tata Indicom today discussed, ‘BFSI—Channel
Integrations: A Challenge, An Opportunity’ an informative debate
on the Banking, Financial Services & Insurance (BFSI) institutions
as part of the special Industry Vector series.
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.
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