Released on = January 8, 2006, 11:24 am

Press Release Author = Banknet India

Industry = Financial

Press Release Summary = Payment and Settlement systems form the backbone of any
banking system. Top Management of Reserve Bank of India, IDRBT and senior officials
from 100 Banks and FIs will come together at Banknet India's Conference on Payment
Systems in Banks on 17th January 2006 at Taj Lands End, Mumbai, India.

Press Release Body = Payment and Settlement systems form the backbone of any banking
system. Top Management of Reserve Bank of India, IDRBT and senior officials from 100
Banks and FIs will come together at Banknet India's Conference on Payment Systems in
Banks on 17th January 2006 at Taj Lands End, Mumbai, India.

The conference will focus on Payment System Upgradation in Banks, Cheque Truncation,
Automatic Clearing House (ACH), Electronic Clearing Service (ECS), RTGS, Card
Payment Systems, Cash Management etc. It will also discuss the impact of new
regulations like AML, KYC, Basel II and Technologies on Bank Products & Services.

Banknet India's Conference on Payment Systems in Banks would see the largest
gathering of bankers ever, in an Indian Banking Conference. An exhibition will also
be organized in the pre-conference area and more than 20 exhibition stalls will
showcase the products of major technology vendors.

Dr. R. B. Barman, Executive Director, Reserve Bank of India (RBI) is the Chief Guest
and Mr. Arvind Sharma, Director, Institute for Development and Research in Banking
Technology (IDRBT) will be the Guest of Honour. Mr. A. P. Hota, Chief General
Manager, DPSS, RBI will deliver the key note address.

According to Mr Anurag Khanna, CEO, Banknet India, this conference assumes great
importance as RBI is strengthening the computerized cheque clearing and expanding
the reach of Electronic Clearing Services (ECS) and Electronic Funds Transfer (EFT).
This Conference is of immense value for the senior bank executives as banks in
India are quickly upgrading their payment systems, largely driven by the need to
modernize and meet regulatory requirements.


For more details visit: www.banknetindia.com


About Banknet India: Banknet India is focused on banking knowledge, research and
conferences. Conferences organized by Banknet India are premier banking technology
events with topical and relevant agenda with senior level participation from the
banking and finance industry.

Banknet India's online Banking and Technology portal www.banknetindia.com is ranked
among the top 25 banking sites and the top 20 banking technology sites in the world.



Web Site = http://www.banknetindia.com

Contact Details = Banknet India, 57, Juhu Supreme Center, Gulmohar Cross Road No-9,
Juhu,
Mumbai- 400049, India
Tel +91-22-39543912
Email-info@banknetindia.com