Supported by NITI Aayog, the 9th edition of Big BFSI Future Tech Show will virtually convene early adopters of future-tech, IT decision-makers and industry leaders from the Indian BFSI sector to explore the latest tech solutions for the most pressing challenges in the industry.
INDIA, July 5, 2021 – (ACN Newswire) – The 9th edition of Big BFSI Future Tech Show with a special focus on the Indian BFSI tech ecosystem is set to take place virtually on 6 July 2021.
Be it through mobile banking or digital modes of payments, technology is gradually transforming the banking/non-banking and financial service sectors in India and across the globe. As we move deeper into the digital age, we foresee more ground-breaking, technology-driven, innovative banking solutions with customers at the focus of all strategic actions.
Trescon s Big BFSI Future Tech Show to unearth and navigate the potential of emerging tech in India
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Trescons Big BFSI Future Tech Show to unearth and navigate the potential of emerging tech in India
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Public Sector Banks Come Together To Form A New Company To Provide Doorstep Banking Services
A State Bank of India ATM (@NANDANPRATIM/Twitter)
In a big push for doorstep banking, the public sector banks (PSBs) have come together and joined forces to create a joint venture company to take banking services to the doorsteps of their customers by engaging banking correspondents, reports
Economic Times.
The new company called PSB Alliance Private Limited will facilitate doorstep banking services for 12 public sector banks under a common standard operating procedure under the leadership of Rajinder Mirakhur who has been appointed as the chief executive of the new company.
PSBs form Alliance to provide door step banking
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Synopsis
Besides public sector banks, two private sector lenders IDBI Bank and ICICI Bank were also shareholders in Cordex but will surrender their stake in favour of PSBs.
Agencies
Former State Bank of India (SBI) chief general manager and deputy CEO of Reliance Jio Payments Bank, Rajinder Mirakhur has been appointed as CEO of the new company.
Public sector banks (PSBs) have come together to form a new company in an attempt to take banking services to the doorsteps of their customers as they battle the challenges posed by the Covid 19 pandemic.