Oltas

Annual Report

Designing Change

Designing Change is the insider’s account of how India leapt from a cheque-based system to one of the world’s most advanced digital payments ecosystems. Drawing on more than three decades across government, global banks, NPCI, the World Bank, and IIM Bangalore, Dr. Balakrishnan Mahadevan (Balu) narrates how systems like IMPS, AEPS, NACH, RuPay, and UPI were built, scaled, and woven into the country’s economic fabric. Blending personal journey with institutional history, the book reveals the ideas, policies, leadership values, and technical innovations that enabled India to create inclusive, interoperable, real-time digital public infrastructure at population scale. Clear, engaging, and rich in detail, it explains not just what India achieved, but how it did so — through discipline, collaboration, and purposeful design. An essential read for policymakers, bankers, technologists, entrepreneurs, students, and anyone interested in how resilient institutions and thoughtful system design can transform a nation.

Modern Banking Technology

The book on Modern B@nking Technology is a systematic and comprehensive insight into technology-led banking. It is an encyclopaedia of Banking Technology. The book covers the rich experience of the author in the field of banking and finance. The book will be found useful by banks, researchers, Executives / Directors, IT professionals, pursuers of courses on IT by IIBF, viz., JAIIB / CAIIB / Diploma in Banking Technology / MBA / Certificate Examinations as also by IGNOU / ICAI / ICFAI / ICSI / ICWA / Management Institutions/Universities for practical exposure and professional orientation. The book contains in detail the following ¿Impact on and explosion of Banking Technology in new millennium ¿Innovations in 'Paperless¿ banking¿Payment and Settlement Systems (RTGS) & Cheque Truncations, etc¿Role of IDRBT in development of Protocols and Standards¿Role of IBA and Report on Banking Industry VISON-2010