Dr. K. C. Chakrabarty, Deputy Governor, Reserve Bank of India (RBI) has kindly consented to be the Chief Guest at the 7th Edition of Conference on Payment Systems on 19th January 2011 at Mumbai and make the inaugural address. Now in its 7th year, Banknet's Annual Conference on Payment Systems is the largest payments event in India and has gone from strength to strength. It has on average attracted around 300 senior executives from around the globe. Theme of Payment Conference 2011 is “Moving to next generation payment systems & solutions” and would focus on new products & initiatives which will take payments in India to the next level. An Exhibition in the pre-conference area will show case the new products & solutions. Banknet will also release at conference a social awareness Short Film/ TVC for enlightening rural & semi-urban population to open accounts in banks. This will promote the habit of savings & get them access to banking facilities, loans etc. This initiative is in line with the major financial inclusion campaign of Reserve Bank of India & Government of India. Top level executives from National Payments Corporation of India (NPCI), Reserve Bank of India (RBI), Major Public Sector, Private Sector, Cooperative, Foreign Banks and Technology Vendors, Business Schools, Management Consultancies will address the Conference. Top Management Executives from National Payments Corporation of India (NPCI) the umbrella institution for all the retail payment systems in the country will discuss the latest initiatives like Instant Interbank Mobile Payment Service(IMPS), Centralized Mandate Management Repository System (CMMRS), IndiaPay, New Domestic POS etc. Conference will commence with a plenary session and thereafter it will be followed by specialized vertical streams on Cheques and ACH, Mobile Payments, Card Payments and conclude with a technology session.

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