Wednesday, July 10, 2013

Banking on a Vision

..........Joining the banking industry in 1982 as a career central banker, he has played a key role in implementation of MICR technology and Electronic Funds Transfer, among other things. His research document ‘ RTGS System in USA – Lessons for India ’ in 1997 was the starting point of RTGS design and implementation in our country. “ Of my 27 years in RBI, I spent 15 working very closely with information technology,” he says. “ I have grown as a leader by doing handson work, leading various payment system projects, and leading teams of project officers year after year,” he says. Forging new paths in the banking system has been a herculean task, and Mr Hota realised that a key priority would be to build confidence in his people, making them recognise that things that seemed impossible were do- able..............

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