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Showing posts with the label new indian banks

New Indian Banks need to ride the cloud for their Success

Come January we will have 7 new Indian Banks given licences to operate from the many applicants. The new licences will be given with conditions attached for rural thrust in banking and also social banking. As the applicants eagerly await their licences and start head hunting for their leadership the promoters will need to review whether Cloud Computing could be  the Elixir for getting them operational in weeks rather then months. Cloud computing will give them reach to the remote rural hamlets in India and also be effective, reliable and a secure vehicle to reach banking technology to the 40 million unbaked Indians. As the head hunters set the wheels in motion to hire the new suite of leaders to put execution plans into action it may the time for the Board of these promoter Banks to consider Cloud Computing for their profitability, agility and secure banking. Are New Indian Banks Ready to Fly into the Cloud ? Photo by Amitav Thamba Hiring Technology leaders from the conv...