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Optimising operational efficiency
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operational efficiency, operational management, efficiency management, efficiency, management, retail banking, indian banks, bank, banks, banking, marketing, marketing services, marketing strategies,commercial bank,
Industry :
Banking
Functional Area : Productivity and performance |
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About "Optimising operational efficiency" topic:
Retail banks must continually optimize their service distribution networks in response to market changes and new business initiatives. Share to views on how to Optimize Operational Efficiency.
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Can any quantifiable value be derived from operational risk management [ORM]? The question resonates in the minds of bankers all over the world. And for good reason, with the New Basel Capital Accord [Basel II] initiative to bring order to international capital markets and level the playing field for banks becoming operational in 2007. It requires that banks thoroughly address operational risks and develop internal solutions. Banks first developed operational risk management programs to build shareholder value. The inclusion of operational risk in Basel II came later. But according to financial analysts, because operational risk is now a compliance issue, many banks are approaching it with ...
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SOORAJ KUMAR P M
| Commented
| 3 years ago
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With the inclusion of Operational Risk in Basel II, ORM has assumed more significance than ever. Though the banks in India and elsewhere are approaching ORM as a compliance issue, it's nonetheless a progressive step - a step forward, in managing...
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Krishna Reddy
| Commented
| 1 year ago
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ORM is practice followed by most of the banks now a days & its importance highlighted more after the recession. Banks certainly increase their controls by the effective ORM practices. Good Article.
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