MIS in Banking

Implementation of MIS in Banking Sector. For this, i have taken State Bank of India as example.

1. IMPLEMENTATION OF MIS IN BANKING SECTOR (SBI) Submitted to: Prof. Vatsal Shah Submitted by: Prashant Maharshi ISBE/PGP/SS/2011-13

2. HISTORY Three Presidency Banks Amalgamated in 1921 Was the Central Bank of India Came into picture in 1 st July, 1955

3. NEED OF MIS IN BANKING Regulatory requirements indicated by the RBI for preparation of Off-site Monitoring Surveillance (OSMOS) Reports on a regular basis in electronic format Need for timely submission of Balance Sheets and Profit & Loss Accounts Need for Inter-Branch Reconciliation of Accounts within a definite time frame Need to undertake risk management strategies and for this purpose build up appropriate sets of data and market intelligence reports.

4. CORE BANKING 100% business is on CBS 8500 ATMs : Over 2 million transactions per day Internet banking services SBI 100% network globally

5. SERVICES IN SBI Mobile Payments Electronic Clearing Services(Credit) NEFT RTGS Ticket booking online

6. BANKING & INFORMATION NETWORK Fast and efficient tax collection Timely settlement of funds Real time MIS Timely payment of benefits Efficient & speedy transfer of funds Govt.-2-Employee Govt.-2-Business Govt.-2-Customer

7. CONTD… TECHNOLOGICAL ARCHITECTURE Centralized Accounting Software (CAS) Receipts Payments Remittances

8. SUPPLY CHAIN Four Tier Transfer Process The functionality of payments to various vendors and salary expenses is also included in this application Central Transfers funds to State State will Transfer funds to District District in turn will Transfer to Block and Finally Block will Transfer to Beneficiary

9. CONTD..….

10. BENEFITS OF MIS Data can easily be accessed and analyzed without time consuming manipulation and processing. Decisions can be made more quickly and with confidence that the data are both time-relevant and accurate. Integrated information can be also kept in categories that are meaningful to profitable operation. Significant cost benefits, time savings, productivity gains and process re-engineering opportunities are associated with the use of data warehouse for information processing.

11. Government Banking is largely driven by commitment to the nation than by commercial considerations

12. Thank You