BTL 785 - EASE 8.0

 

The Banking Tutor’s Lessons

BTL 785                                                                   18-05-2025

EASE 8.0

(PSB COMMON REFORMS AGENDA FOR FY 2025-26): 

IBA has recently launched the EASE 8.0 PSB common reforms agenda for FY 2025-26. 

The 4 Reforms Pillars for EASE 8.0 is R.I.S.E - R for  Risk & Resilience ; I for Innovation ; S for Socio-Economic Impact (for Viksit Bharat) and E for Excellence (E). 

There are 16 reform indicators identified under the 4 pillars as under; 

Risk & Resilience (R)

 

1. Financial / Credit Risk Resilience.

2. Operational Resilience.

3. Technology Modernization and Renewal

4. Data Quality and Privacy 

Innovation (I)

 

5. Artificial Intelligence.

6. New-age channels (Mobile Banking, Frontline digital assistance asset etc)

7. Re-imagined business models.

8. Business Process Re-engineering (eg: digitalization of internal/external workflows etc.)

Socio-Economic Impact (for Viksit Bharat) (S)

 

9. Inclusive Banking (Increased accessibility).

10. Sustainability

11. Empowering Emerging Segments (Start-ups, Gig workers etc)

 

Excellence (E)

 

12. Advances and Deposit Growth Transformation.

13. Cost Optimization and Income Growth.

14. Customer Experience Transformation.

15. Talent and Leadership.

16. Capital Efficiency. 

 

Sekhar Pariti

+91 9440641014