News Broadcasting
CNBC holds discussion on ‘Managing Consolidation in the Banking Industry’
MUMBAI: CNBC-TV18 and Oracle together held a discussion on the issue of ‘Managing Consolidation in the Banking Industry’ in Mumbai recently.
This first of its kind roundtable explored the challenges of consolidation in the banking industry from the business angle, the employee standpoint, the customer’s point of view, the technological angle as well as the impact of Basel II on the Banking Industry.
‘Managing Consolidation in the Banking Industry’ proved that the business realities together with the finance ministry can make consolidation inevitable. The forum also revealed that ‘Preparing for consolidation’ was the need for businesses earlier but the new environment throws in fresh challenges for banks to test the veracity of the concept of consolidation.
Eminent panelists who took part in the discussion were, Union Bank of India CMD Cherian Varghese, Oriental Bank of Commerce CMD BD Narang, Dena Bank CMD Anil Khandelwal, Yes Bank MD and CEO Rana Kapoor, ICICI Bank DMD Kalpana Morparia, Deloitte Touche Tomatsu ED Ashwin Parekh, Asia Pacific Oracle Corporation vice president financial services Alan G Payne and McKinsey director Leo Puri.
Morparia said, “Today, the top five banks constitute 43 per cent of the total banking market. Mergers are inevitable because of concentration in the segments. Mergers happen because they make business sense not because they are a good thing to do.”
Kapoor, on the other hand, said, “Small is beautiful. Small comes without legacy. We have the freedom to put robust systems in place. There is an opportunity now for the launch of private banks who need financial support. There is also opportunity for aggregation to take place, however, somebody needs to take the initiative. Also, catalytic forces need not necessarily be foreign. Enough potential exists within our country. New forces will eventually emerge.”
Commenting at the forum CNBC-TV18 vice president sales and marketing B Sai Kumar said, “Consolidation in the banking business has finally become a reality. Until recently, it was more of ‘Preparing for consolidation’ but has now become quite imminent. CNBC-TV18 aims at bringing to the fore the effect of the inevitable consolidation of banks, on people from different walks of life. Through this forum, CNBC-TV18 stands by its effort at empowering Indians to make informed decisions and improving their quality of life.”
News Broadcasting
CNN-News18 to host Fury in the Gulf conclave on West Asia crisis
Three-hour summit to unpack geopolitical fallout and impact on India
MUMBAI: CNN-News18 is set to host a special three-hour broadcast, Fury in the Gulf – War Conclave, on April 7, aiming to decode the escalating West Asia crisis and its far-reaching implications for India.
Scheduled from 4:00 PM to 7:00 PM, the conclave comes at a time when tensions between Iran and the United States are reshaping global geopolitics and triggering economic uncertainty. With India’s deep energy ties, trade links and large diaspora in the Gulf, the developments carry significant domestic relevance.
Built around the theme ‘Conflict, Consequences, and The Future,’ the programme will feature six curated sessions combining one-on-one interviews and panel discussions. The focus is to cut through the clutter and offer viewers a clearer understanding of the fast-evolving situation.
Key sessions include ‘Diplomacy in Times of War’ featuring Shashi Tharoor, and ‘World After the Iran Conflict’ with voices such as Ram Madhav, Reuven Azar, representatives from the European Union and the Iranian Deputy Envoy. Another session titled ‘Another Dunkirk?’ will bring together K. J. S. Dhillon and Jitin Prasada among others.
CNN-News18 editorial affairs director Rahul Shivshankar said, “In times of war, clarity becomes the most powerful tool. Fury in the Gulf – War Conclave brings together credible voices to address the questions and confusion that arise amid an overwhelming influx of information.”
He added that the initiative is aimed at delivering “facts, perspective, and insight” at a time when misinformation can easily cloud public understanding.
Echoing the sentiment, CNN-News18 CEO– English and business news Smriti Mehra said the conflict marks a defining global moment, with consequences that extend well beyond the region. She noted that the conclave seeks to present the crisis with “depth, nuance and responsibility” so audiences can better grasp its real-world impact.
As geopolitical tensions continue to dominate headlines, the conclave positions itself as an attempt to bring order to the noise, offering viewers a structured, insight-led look at a complex and rapidly shifting global situation.
