Bankers make interesting presentations at the time of annual & quarterly results for investors and analysts, which contain treasures of information. Here is an account of how leaders at some of the leading banks analyze their own IT & digital initiatives, undertaken through out the FY 2022-23.
API STACK, UPI, WEB
Yes Bank, the 6th largest private sector universal bank, has a pan-India network of 1192 branches, 150 BCBO (business correspondent banking outlets) and 1300+ ATMs across 300+ districts of India. The bank has been leveraging advanced scorecards and analytics across underwriting and engagement.
It has adopted the account aggregator ecosystem as Financial Information User (FIU) / Financial Information Provider (FIP) to capitalize on consent layer of India stack. It recorded 70% y/y growth in API banking throuput with leading market share in UPI, NEFT (Rank #1), NACH, RDA & IMPS. It registered 99.45% success rate on UPI transactions.
Prashant Kumar, MD & CEO of YES Bank, said at earnings call for Q4FY23: "We are building as new age professionally run, granular retail franchise. We are preferred banker to Digital India with best-in-class technology / API stack."
この記事は Banking Frontiers の June 2023 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
すでに購読者です ? サインイン
この記事は Banking Frontiers の June 2023 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
すでに購読者です? サインイン
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