Global banking is undergoing significant change. The search for continued growth in a volatile macroeconomic environment, marked by an increasing shift in power towards Asia, has already prompted tough decisions on resource allocation. The implementation of new regulatory reforms such as Basel III is leading to further structural adjustments. As capital ratios and risk approaches come under greater scrutiny, the shift in business models for the world’s banks is expected to intensify.

The innovation required to ensure that this transformation generates growth has many elements. In parallel with their efforts to adapt to a volatile economic climate and an increasingly demanding regulatory environment, banks have embraced rapid technological advances that have revolutionised banking services, a trend that is likely to continue with the advent of social media. Innovations around mobile banking are also accelerating financial inclusion in developing economies.

Emerging markets remain a key focus. If the proposed BRICS Bank becomes a reality, governments in Brazil, Russia, India, China and South Africa at least might be able to borrow money more easily for the development of their critical and core industries.

In India specifically, the government’s recent initiatives to enhance economic competitiveness —such as the central bank’s plans to grant several new banking licences in 2013 – are likely to have a substantial impact on the financial sector.

With the apparent easing of recessionary pressures, will banks see renewed expansion or will recovery be dampened by capital preservation requirements and other regulatory constraints? Is consolidation rather than expansion the best approach under these circumstances? Are Basel III and other reforms sufficient to rein in irresponsible risk-taking? What must banks do to regain the trust of stakeholders? How will banking models continue to be restructured to fit this new era, and what long-term consequences will this transformation have, not just on the banking industry but also on society and the global economic and financial system? To what extent does the newly reformed Indian banking sector provide fresh growth potential for international banks? Where do institutional investors, private-equity firms, asset managers and investment bankers see future opportunities globally?

The FT-YES BANK International Banking Summit, now in its third year, will gather senior bankers, policy-makers, regulators, economists and business leaders from around the world to discuss the changing shape of banking, and the opportunities and risks ahead, globally and in India, at this crucial point in the industry’s evolution.

Confirmed Speakers include:

Shirish Apte, Co-Chairman, Asia Pacific Banking, Citi
Vicky Bindra, President, Asia Pacific, Middle East and Africa, MasterCard Worldwide
Andrew Carriline, Chief Risk Officer, Westpac Institutional Bank
Ashish Kumar Chauhan, Managing Director and CEO, BSE
Subir Gokarn, Director of Research, Brookings India, and former Deputy Governor, Reserve Bank of India
Sir Thomas Harris, Vice Chairman, Asia, Standard Chartered Bank
Charles Haswell, Global Head, Financial Sector Policy, HSBC Holdings
K.R. Kamath, Chairman and Managing Director, Punjab National Bank
Bharat Kaushal, Country Head, India, Sumitomo Mitsui Banking Corporation
Derek Lewis, Managing Director, Harris Williams & Co
Ash Lilani, Co-Founder and Managing Director, Samma Capital (Silicon Valley Bank)
Stephen Long, Managing Director, Asia Financial Institutions Group, Moody's Investors Service
Kalpana Morparia, CEO, JP Morgan India
S.S. Mundra, Chairman and Managing Director, Bank of Baroda
M. Narendra, Chairman and Managing Director, Indian Overseas Bank
Sanjiv Sanghvi, Executive Vice President, Head - Wells Fargo Global Banking
N. Shankar, Chairman and Managing Director, Export Credit Guarantee Corporation of India
Ron Somers, President, US-India Business Council