[sbinews] SBI's BPR exercise to finish by '05 (Business Standard)

  • From: "Rajendra S. Pai" <rs.pai@xxxxxxxxx>
  • To: <sbinews@xxxxxxxxxxxxx>
  • Date: Tue, 28 Dec 2004 08:55:16 +0530

SBI's BPR exercise to finish by '05
(Business Standard)
Press Trust of India / Mumbai December 26, 2004

The State Bank of India (SBI) will finish the business process reengineering
(BPR) exercise by September 2005 with the help of management consultancy
firm McKinsey & Company by redefining processes to leverage the core banking

"SBI has successfully experimented over 11 prototypes at various branches of
Mumbai circle. Bank will roll out this new operating architecture in Mumbai,
Pune and Aurangabad in two months", SBI chief general manager A Ramesh Kumar
said today.

The bank would be extending the BPR structure to more circles and it would
cover entire branches by September 2005, Ramesh Kumar said.

"SBI is witnessing spectacular jump in efficiency with the prototypes tested
in various branches. The ATM accounts have gone up by 50% in Mumbai circle
with the ATM prototype tested recently," Ramesh said.

SBI has tested various prototypes including `Grahat Mitra', drop box, small
enterprise credit cell, currency administration cell and retail asset
central processing cell.

The bank is on the verge of revamping the management of cash balance with
the proposed currency administration cells which will ultimately reduce the
cash carriage cost of bank branches, Ramesh said, adding the Pune region was
testing currency balance management prototype

This message is intended only for the use of the Addressee and may contain 
information that is PRIVILEGED and CONFIDENTIAL. If you are not the intended 
recipient, please erase all copies of the message and its attachments.  Any 
unauthorized access, usage, reproduction, disclosure of the contents of the 
mail and its attachments, without the explicit permission of the Bank is 
prohibited and State Bank Of India (SBI) or any of its officials, including the 
sender of this mail, would not in any way be liable for the same. SBI accepts 
no liability for any damage caused by this e-mail.
Email From ""Rajendra S. Pai" <rs.pai@xxxxxxxxx>" was security checked by 3.93  
version of CxProtect(tm)
On: sify_mta at: 09:58:08, 28-Dec-2004 Tuesday
Mailing list (sbinews@xxxxxxxxxxxxx) related information:

News/articles about SBI and Banking related matters published  in the print 
media, Internet etc will be circulated through this Mailing List. 

The messages in this list will help in improving awareness of SBI and its 
activities vis-a-vis the happenings in the Banking industry. This should be of 
help to all staff members of SBI, particularly those who are preparing for 
promotional written tests/interviews/group discussions. Subscription to this 
Mailing List is simple and FREE. Please check the procedure below. Please share 
this information with other colleagues/branches that could be interested in 
subscribing to this Mailing List. 

The messages circulated here should not be deemed to have the official 
endorsement of the SBI or any of its employees. The correct factual position 
may be ascertained from official sources. 

To join this mailing list, just send an email to sbinews-request@xxxxxxxxxxxxx 
with the word 'subscribe' without the quotes in the subject of the email 

To leave this mailing list, just send an email to sbinews-request@xxxxxxxxxxxxx 
with the word  'unsubscribe' without the quotes in the subject of the email 

Archives (old messages) are available for viewing at:
Click on the month-year at the lower left corner to view messages posted during 
that month. 

This is an announcements/newsletter type mailing list i.e. only the Moderator/s 
can post messages to the list. 

This mailing list is maintained and moderated by Sri. R.S.Pai, currently 
working as Chief Manager(IT-Internet Banking), SBI, Corporate Centre, Mumbai. 
Visit http://rspai.tripod.com for some useful Banking, Reference and Utilities 

Other related posts:

  • » [sbinews] SBI's BPR exercise to finish by '05 (Business Standard)