Bancon 2007 to be organised by BOB

Mumbai, Nov 22 (UNI) Bankers Conclave (Bancon) a series of Conferences for discussions and debates on major issues and priorities before the Indian banking sector, is being hosted by Bank of Baroda (BoB) with the organizational support of Indian Banks Association (IBA).

Bancon. that has its genesis in the Bank Economists Conference, started in 1975, is this year scheduled for November 26 and 27 at Hotel Taj Lands End, Mumbai.

Bank of Baroda, in its centenary year, takes privilege in hosting Bancon-2007, among the other centenary celebrations.

IBA Deputy Chairman and Bank of Baroda Chairman and Managing, Dr Anil K Khandelwal, while addressing the media said that the Conference, for the first time, will have experts from varying sectors such as manufacturing, IT and healthcare.It will also, have the services of the world renowned consultancy firm Mckinsey&Company as the knowledge partner for the event.

The theme of this Conference is - ''Indian Banking: Towards Global Best Practices.'' This year's Bancon will primarily address the issues of competitiveness of Indian banks in the framework of global best practices.

Dr. Khandelwal said that towards providing rich research support to Bancon 2007, Mckinsey&Company, in its specially prepared Report on Indian Banking Sector, has shared its insight into the global best practices and, also assessed the actual capabilities of Indian banking sector.

The surveys is based on the 14 leading Indian (public, private and foreign) banks, Mckinsey&Company has also compared the practices and performance of Indian banks with those of global banks in five critical areas, notably, personal financial services, retail banking, information technology, organizational performance and liquidity management.

Over the years, Bancon has emerged as a powerful platform to bring together the finest banking practitioners, policymakers and academicians from India and abroad and provides them with an excellent opportunity to examine in depth the pressing issues before the banking sector.

UNI