YES Bank’s Business and Digital Technology Solutions team, a highly critical and visible team within the Bank led a detailed, rationalized and analytical approach focused on identifying value generating potential within its operations.
The Optimization efforts were focused on structural enterprise-wide changes that will yield sustainable cost savings and enable to transform technology operating model, with a focus on cost categories tailored to specific challenges at various levels. YES Bank’s Technology team achieved 7.2 crores savings in the current year and identified an additional 12.5 crores of savings for the next financial year (2020-2021). This session will provide insights on best practices that were followed to:
● Streamline internal processes to identify potential cost saving opportunitie
● Prioritize and planning for investment and execution in the most promising
growth areas of the business
● Build a culture of ownership, strong governance, gain management and
stakeholders buy-in and engagement at all levels of the organization
● Enable IT lead revenue generation opportunities to drive a competitive
advantage