Currently, India has 96 scheduled commercial banks (SCBs) - 27 public sector banks (that is with the Government of India holding a stake), 31 private banks (these do not have government stake; they may be publicly listed and traded on stock exchanges) and 38 foreign banks. Besides hundreds of co-operative Banks both urban and rural, these banks have a combined network of over 53,000 branches. According to a report by ICRA Limited, a rating agency, the public sector banks hold over 75 percent of total assets of the banking industry, with the private and foreign banks holding 18.2% and 6.5% respectively.

As banks of all sizes focus on their respective growth after the global financial crisis, they face an array of proverbial opportunities and challenges. Advanced capabilities such as Internet banking, phone banking, anywhere banking, mobile banking, debit cards, Automatic Teller Machines (ATMs) and combined various other services are increasingly becoming the order of the day. According to RBI, the number of ATMs in the country as on May 31, 2009, stood at 44,857. This is a healthy addition of about 10,357 ATMs compared to FY 08 and has translated into a 30% growth in units.

An exclusive platform is required to showcase all the available and the new banking technologies, services & equipments around the world. An exhibition with a conference would be ideal for the exclusive group of all grades of banking executives to network, make valuable new contacts, and learn about innovative approaches to customer insight, interaction, and transaction management that can put the banks on a new path to success.

The first edition of IBEX India – International Tradefair and Seminar for Banking Technology, Equipment and Services will be organised between 1 - 3 December 2011 in World Trade Centre, Mumbai, India