ELECTRONIC BANKING SERVICES: INDIAN SECENARIO

Abstract

Today most of the banking happens online i.e. banks are in your pockets. Banking services are accessible 24x7 now a day. We are using electronic banking for our day to day transactions. Electronic banking is used by common man as well as by established businessmen. It is getting popularity in urban and rural areas.The credit of this revolution goes to new innovative products which are attracting each and every man towards it. Banks are operating in a highly competitive environment. In order to survive in this ever -changing environment, banks need to be technically strong. Indian banking industry is incredible, which is serving the world’s second largest populated country. Electronic banking is an innovative product that leads to the development of the entire country. The objective of the present study is to analyze the current electronic banking scenario of our country. The study is secondary based and analytical in nature. The progress of e-banking services is measured through various parameters such as Automated Teller Machines, POS, Debit cards, and credit cards. The study concludes that e-banking has become the preferred mode of banking. It will grow continuously in future and the whole nation will taste the benefits of this sweet fruit.

Authors and Affiliations

Nivedita 1

Keywords

Related Articles

STRATEGIES FOR TIME MANAGEMENT IN CLASSROOM

Teachers have to take into consideration the long-term goals of the education and the immediate educational needs of the students. Between writing lesson plans, taking exams and teaching, teachers often feel that it is i...

THE NEW WOMAN AND HER DOOMED FATE IN THOMAS HARDY’S JUDE THE OBSCURE AND KATE CHOPIN’S THE AWAKENING

My paper draws a parallel between thefemale protagonists of Thomas Hardy’s Jude the Obscure and Kate Chopin’s The Awakeningagainst the backdrop of the political, social and cultural changes that were brewing on both the...

A COMPARATIVE AND ANALYTICAL STUDY ON NON-PERFORMING ASSETS OF BANK OF BARODA AND AXIS BANK

Banks have the major role of accepting long term & short term deposit and lending money (Advances) to the borrowers. Bank advance means the advances of a specified amount of money to a business entity or an individual by...

THE PAST, PRESENT AND FUTURE OF ENGLISH LANGUAGE ACQUISITION — A SEMANTIC ANALYSIS THROUGH FOUR CASE STUDIES

This paper presents an in-depth analysis of the proficiency or rather the inefficiency of the average college student in English language comprehension. For that a cross- section of the first year under-graduate students...

AARAM THAMPURAN – THE ARCHETYPAL CELEBRATION OF UPPER-CASTE HEGEMONY

Films are an important form of mass communication in India today. Apart from being a mode of entertainment, films also shape the ideology in the mind of viewers because cinema is an ideological apparatus by nature of its...

Download PDF file
  • EP ID EP281931
  • DOI -
  • Views 95
  • Downloads 0

How To Cite

Nivedita 1 (2018). ELECTRONIC BANKING SERVICES: INDIAN SECENARIO. IMPACT : International Journal of Research in Humanities, Arts and Literature ( IMPACT : IJRHAL ), 6(3), 199-206. https://europub.co.uk/articles/-A-281931