BCM Challenges in Indian Banking Industry - DRI-India

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BC Testing(Suggested Ground Rules)• Integrated Tests/Exercise for BCM and conducted in a manner that they balancebetween realism (in test scenario) and at the same time ensuring minimum or NilBusiness Impact.• BC should cover all businesses and functions of an organisation• Organisation must define Minimum staff participation (max can be upto 100% )For example :-• Evacuation exercise – All Present in the premises• BC Recovery exercise – 40 % (or as per recovery team size) etc.• Process level participation – 100% (Depending on scenario)• Special consideration and involvement for outsourced functions• Any exemption to above be approved by Overseeing Committee• Nominate external observers to ensure impartial/objective test reports© 2012, www.periculum.in Internal30
Major Challenge - Embedding BC CultureMaking BCM part of Bank’s DNA• Arguably the most difficult and arduous element of a BCM System, at the same timeone of the most essential too• An organisation’s ability to respond to a B C incident , and its capacity to recoverfrom a disruption depends directly on the awareness levels, understanding, skillsand experience of its stakeholders including employees• Key Qs that this element answers is ARE YOU PREPARED ? WILL YOU BE ABLE TORESPOND ?• In times of crisis, every employee of the organisation at levels must know, what is itthat he or she suppose to do ?• Organisation must move from “Document Centric” BCM to “Action Centric” BCM.• There wont be time to refer to documents during crisis event…answer is train,practice, drill, test… with an aim to continuously improve and embed culture ofBCM© 2012, www.periculum.in Internal31
Page 1: BCM - Challenges in IndianBanking I
Page 6 and 7: High Level Principles of BCBasel- I
Page 8: BCM Challenges in Indian Banking In
Page 11 and 12: BCM Challenges in Indian Banking In
Page 13 and 14: Core Banking System• Gartner defi
Page 15 and 16: Recovery Plan Considerations for Co
Page 17 and 18: CPSSPayment & Settlement• Committ
Page 19 and 20: RTGS• The acronym 'RTGS' stands f
Page 21 and 22: RTGS & NEFTPayment & Settlement•
Page 23 and 24: ATMs• Automated Teller Machine is
Page 25 and 26: Key HR Recovery Challenge for Banks
Page 27 and 28: Managing ContinuityOutsourced Funct
Page 29: BC Challenges - Testing of BC Plans
Page 33 and 34: Embedding BC CultureTraining & Awar
Page 35 and 36: Summary of Key Challenges• Approa
Page 37: Thank YouFor feedback/suggestions :

BCM Challenges in Indian Banking Industry - DRI-India

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