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IndusInd Bank was honored by Businessworld in the categories of Supply Chain Innovation and Creativity, and Customer-Centric Supply Chain at the BW Supply Chain Awards 2023. [33] In 2022, Celent recognized the bank's best-in-class Enterprise Payments Hub (EPH) with a "Model Bank" award for Payments System Transformation. [34]
For a management rating of 2, minor deficiencies are noted, but management produces a satisfactory record of performance in light of the institution's particular circumstances. A 3 rating in management indicates that either operating performance is lacking in some measures, or some other conditions exist such as inadequate strategic planning or ...
Romesh Sobti is an Indian banker. [1] He was the CEO and MD of IndusInd Bank from 2008 to 2020, [2] [3] and of ABN AMRO Bank for the previous 12 years. [4]In 2013, The Sunday Standard presented Sobti the award for Best Banker – Growth, Mid-Sized.
Oracle Financial Services Software – Bagmane Tech Park, Bangalore Oracle purchased Citigroup's 41% stake in i-flex Solutions for US$593 million in August 2005, [5] a further 7.52% in March and April 2006, and 3.2% in an open-market purchase in mid-April 2006.
Greater autonomy was proposed for the public sector banks in order for them to function with equivalent professionalism as their international counterparts. [11] For this the panel recommended that recruitment procedures, training and remuneration policies of public sector banks be brought in line with the best-market-practices of professional banking systems.
Business performance management (BPM) (also known as corporate performance management (CPM) [2] enterprise performance management (EPM), [3] [4] organizational performance management, or performance management) is a management approach which encompasses a set of processes and analytical tools to ensure that an organization's activities and output are aligned with its goals.
The share of the bank sector held by the public banks continued to grow through the 1980s, and by 1991 public sector banks accounted for 90% of the banking sector. A year later, in March, 1992, the combined total of branches held by public sector banks was 60,646 across India, and deposits accounted for ₹1,10,000 crore.
Banks Board Bureau (BBB) (now replaced by Financial Services Institution Bureau since 2022) was an autonomous body of the Government of India [1] tasked to search and select appropriate personages for the Board of Public Sector Banks, Public Sector Financial Institutions, and Public Sector Insurance Companies and recommend measures to improve Corporate Governance in these Institutions.
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