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SBP asks banks to expedite processing of Mera Ghar housing scheme applications News Desk
The State Bank of Pakistan, Friday, directed all banks and financial institutes to rationalize processing fee and devise a comprehensive mechanism equipped with online E-tracking system to expedite processing of applications received under PM’s “Mera Pakistan Mera Ghar” housing finance scheme.
“Devise a system to monitor 30 days Turn Around Time (TAT) for decision on applications received,’’ the central bank further directed while taking notice of a number of complaints especially regarding delayed processing, long turnaround time and no mechanism to track the financing application after submission.
Demand of IT skills grow by 22% from October 2020 to March 2021: Quess
Demand of IT skills grow by 22% from October 2020 to March 2021: Quess
As per data from business solutions provider Quess, the demand for IT skills has grown by 22% from October 2020 to March 2021.
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UPDATED: April 19, 2021 19:45 IST
As per data from business solutions provider Quess, the demand of IT skills has grown by 22% from October 2020 to March 2021.
Data from Quess, a leading business solutions provider and one of India’s largest private-sector employers revealed that there has been an increase in demand for IT skills among captives in India. The skill demand grew by 22.5% from October 2020 to March 2021, with BFSI, technology services and consulting, auto and engineering and GCC’s leading the front. Technology platforms such as Salesforce, SAP HANA, and ServiceNow are also witnessing increased demand.
Banks still lack tech skills at the top
Banks have made progress in adding IT knowledge in their boardrooms, but they need more as digital transformation accelerates
Share this item with your network: By Published: 16 Mar 2021 10:55
Only one in 10 board directors in the traditional banking sector have professional technology experience and one-third of big banks have no tech knowledge in the boardroom.
These findings, from Accenture research, reveal a worrying lack of expertise at a time when banks are investing heavily in tech to keep pace with current trends.
Financial services businesses are being transformed by the use of financial services technology, known as fintech. “Despite the significant increase in the adoption of digital technologies over the past few years, there is a continued lack of technology expertise and digital fluency in the boardrooms of the world’s largest banks,” said Accenture.