Paving Way to Futuristic Banking with Union Budget 2020
Union Budget 2020, the second budget tabled by the Finance Minister Nirmala Sitaram in Parliament witnessed a variety of announcements including the Rs 8000 crore mission on Quantum Computing, the policy for private sector to build data centre parks and the abolition of the Dividend Distribution Tax. The Minister also used the famous jargon ‘Data is the new Oil’ during her speech indicating a bright future for data-related technologies and services in the country.
Decoding the recently presented Budget, our cover story – “UNION BUDGET 2020: Experts Decrypt the Destiny”, digs deeper into the announcements made during the yearly document on the basis of experts opinion from across the industries and the future, it holds.
The issue also carries a special story titled-Robotic Process Automation: Simplifying Processes for Futuristic Banking, where experts unravel the reality behind this buzzword and the convenience it is about to offer to the financial institution with its deployment.
As this is our 25th issue, we decided to bring to you some exclusive conversations with the pioneers of the BFSI sector. The interviews range from topics including mega-mergers, technology deployments, budget reactions, new products and services, and a lot more.
The issue feature interview of Padmaja Chundru, MD & CEO, Indian Bank, Parvez Mulla, COO, HDFC Life, Shachindra Nath, Executive Chairman, U GRO Capital, Deepak Sharma, Chief Digital Officer, Kotak Mahindra Bank Ltd, Sachin Pillai, Managing Director & Chief Executive Officer, Hinduja Leyland Finance, Vivek Zakarde, Head- Business Intelligence, Analytics & Data Warehouse, Reliance General Insurance Company Ltd, Biswabrata Chakravorty, Chief Information Officer, IndusInd Bank, Vijay Kumar, CEO & Principal Officer, Digit Insurance, Binod Singh, Chief Executive Officer, Ilantus Technologies and D N Prahlad, Founder and Non- Executive Chairman, Surya Software and Jitendra Sharma, Director, Wacom.
The magazine also carries a special report of 3rd BFSI Cloud & Security Summit, Mumbai which touched upon some of the key challenges and growth opportunities pertaining to the future of the financial institutions with respect to new emerging technologies.
Our latest initiative, the Elets 4th BFSI Leadership Summit, Mumbai a unique networking conclave, intended to focus on significant topics encircling the BFSI sector with a hi-level amalgamation of CXOs, exhibition, awards and felicitation. It is going to be organised on 27 February 2020.
We believe that our latest 25th issue carrying such a conglomerate of special features, articles and interviews of top-notch banking experts, would be an interesting read. We hope that our association with you continues this way and we keep sharing the industry updates with our esteemed readers. Happy reading!