e-Banking synopsys

E-Banking

Abstract:

With rapid advances in telecommunication systems and digital technology, it is difficult to predict how Internet banking will improve and expand in coming years. But with the number of computers increasing every year, the electronic delivery of services is becoming popular in the banking sector. The Indian experience of E – banking is gradually merging with its international counterparts. While the private sector and multi-national banks have been first and fast in adopting internet technology in client servicing, there is a gradual trend for the major public sectors and numerous co-operative units to move in the same direction. A mix of policy support and security assurance should propel further E – banking adoption in India.

Comments are closed.