Abstract of white paper on: Infosys Bank: *Case for strategic de risk: Leveraging Brand equity with out losing business focus. How Infosys can start a bank in 24 hours with out losing focus on its core business?
The Infosys Advantages
1.The required capital adequacy is already there in the form of the companies deposit in long term government securities of almost 1003.85(FY04) Crores.
Strong Brand ?INFOSYS?
Existing customer base including employees, dependents, vendors etc and ability to attract and retain customers by best practices.
Technology Finacle.(WHY NOT INDIAS FIRST INTERNET BANK?)
Outsource activities to Progeon.
Management team that has the best banking brains(or can attract the best banking brains) and which will usher in best banking practices.
7.Strategic derisk model: use your cash with out actually using it.
- Ability to attract top-notch investors including leading institution by leveraging the?BRAND? Infosys.
9 Socio Economic objectives: serving the society at large with a world-class global bank.
Disclaimer: The views expressed above are that of individual analysts Altos Advisory Services Pvt ltd neither endorses nor differ from the same.