BCP/DR is still looked at as an IT issue in the organization where as it is actually a business issue. Successful BCP/DR mechanism involves three critical aspects of people, process and technology. Are we giving adequate emphasis on people aspects? 19. Question 2: What is the status of adapting CBS to meet the future needs including the banking need of billion plus population?
The coming days will put several demands on the CBS in banks. Indian financial sector is to become the third largest in the world in terms of asset size by 2025 and will warrant commensurate increase in depth and breadth of financial products and instruments as well as high level of service delivery.