News: Indian bankers meet to pen future road map

(TNN 10/05/2006) Mumbai - The best minds from the banking industry will congregate on Wednesday to chart out a strategic road map for the industry at the “ET CEO Agenda for Banking” which is being organised in association with Oracle. The event will bring together industry leaders from both private and public sector banks who will brainstorm on the strategic direction that banks need to follow. An extension of a survey that appeared in ET on April 28, the discussion will focus on the findings of the survey and try to evolve paradigms to meet the challenges poised before the banking industry today. The discussion will focus on new areas of growth for the industry like SME, agri & rural credit while tackling concerns for the industry such as liability management and other risk issues. Growing profitably seems to be on top of the mind for every CEO surveyed. This means adopted range from expansion of credit to specialisation and verticalisation of credit. The discussion will expose the participants to the diverse emerging trends within the industry and also provide a view of what could be expected from the banking industry in the near future. The panelists include Anil Khandelwal of Bank of Baroda, Sanjay Nayar of Citigroup, Neeraj Swaroop of Standard Chartered, Uday Kotak of Kotak Mahindra Bank, Shailendra Bhandari of Centurion.