It also suggests an organisational structure and elucidates the recommended roles and responsibilities of the personnel involved in implementation of such a structure. In its recently released IT Vision document 2011-17, the Reserve Bank has made certain recommendations with regard to IT Governance, which are extremely relevant for banks as well as the Reserve Bank. Benefits of IT Governance: doing more with less 12.
As I have mentioned, banks’ investments in IT are most fruitful when they match technology strategy with business strategy, implement systems in a disciplined way, and balance value creation with increased IT capabilities. 13.