Books 2 Byte
Emerging India: Economics, Politics and Reforms
Indian banking's tech tale
Information technology (IT) has immense untapped potential in banking, writes Bimal Jalan in one of the essays included in Emerging India: Economics, Politics and Reforms. Strengthening of IT in banks could improve the effectiveness of their asset-liability management, and building up a related database on a real-time basis would enhance the forecasting of liquidity greatly even at the branch level, which could contribute to enhancing the risk management capabilities of banks, he adds.