Welcome to Scribd. Sign in or start your free trial to enjoy unlimited e-books, audiobooks & documents.Find out more
Download
Standard view
Full view
of .
Look up keyword or section
Like this
0Activity
0 of .
Results for:
No results containing your search query
P. 1
E-BANKING in India

E-BANKING in India

Ratings: (0)|Views: 111|Likes:
Published by Girish Lundwani
banking
banking

More info:

Published by: Girish Lundwani on Feb 14, 2013
Copyright:Attribution Non-commercial

Availability:

Read on Scribd mobile: iPhone, iPad and Android.
download as DOCX, PDF, TXT or read online from Scribd
See more
See less

02/14/2013

pdf

text

original

 
Page|
0
E-BANKING IN INDIA
K. C. College
INDEX
Sr No. PARTICULARS PAGE No.
 
1. Executive Summary 012.
Introduction To E-Banking
023.
Adaptation of E-banking in India
044.
Features of E-banking
055.
Services through E-banking
066.
Various forms of E-banking
087.
Types of E-Banking
168.
Advantages of E-Banking
179.
Disadvantages of E-Banking
1910.
Risk involve in E-Banking
2011.
Components of E-Banking
2512.
Internet Banking in India
2713.
Disadvantages in Internet Banking
2814.
Guidelines by R.B.I regarding E-banking
2915.
Mobile Banking in India
3016.
Indian Experience in E-Banking
3117.
Challenges Faced & Role of R.B.I inComputerization of Banks
3418.
Developments in E-banking
3719.
Case studies
3820.
Conclusion
4121. Bibliography 42
 
Page|
1
E-BANKING IN INDIA
K. C. College
EXECUTIVE SUMMARY: 
The developments taking place in information and communication technology are increasingcompetition in financial institutions worldwide. Thus, the deployment of advanced technologiesis essential to achieve a competitive edge. Recently, the banking industry was highly affected bythe technological revolution that transformed the way banks deliver their services, usingtechnologies such as automated teller machines, phones, the Internet, credit cards, andelectronic cash. This project covers the introduction and diffusion of retail banking and thedevelopment in electronic delivery channels and payment systems in its marketplace which istermed as E-BANKING. Electronic banking is an umbrella term for the process by which acustomer may perform banking transactions electronically without visiting any institution. Thefollowing terms all refer to one form or another of electronic banking: personal computer (PC)banking, Internet banking, virtual banking, online banking, home banking, remote electronicbanking, and Phone Banking. PC banking and Internet or online banking is the most frequentlyused designations. It should be noted, however, that the terms used to describe the varioustypes of electronic banking are often used interchangeably.
 
 
Page|
2
E-BANKING IN INDIA
K. C. College
INTRODUCTION: 
E-banking nowadays is the one of the fastest developing trends in Indian banking and is poised totake the banking sector a notch higher. No more falling in line in banks, no more waiting tons of hours in the bank, no more days and weeks of waiting. All can be done with one card, one
gadget. It’s easy, it works, and most importantly, people like it. But still, some people are having a
hard time using this kind of technology, mostly people who are used to do things the oldtraditional way. With the use of advertising, people are now motivated to use E-banking becauseagain, it eliminates the hassle encountered when using the old process of banking. Theadvancement of electronic banking or commonly known as e-banking, began with the use of automatic teller machines (ATMs) and has included telephone banking, direct bill payment,electronic fund transfer, online banking and other electronic transactions. For many people, theybelieve that the e-banking will go to the direction of mobile banking. Also, some people believethat online banking will be the most popular method in the future. In order for users/customers touse their banks online services, they need to have a personal computer and an Internetconnection. Also, their personal computers will be their assistant who will assist them in their transactions and services. Examples of those transactions are paying bills, attaining informationabout accounts and loans, and etc.E-Banking(an abbreviation for electronic banking)is an umbrella term for the process by which acustomer may perform banking transactions electronically without visiting a brick-and-mortar 
institution. In simple terms, it does not involve any physical exchange of money, but it’s all done
electronically, from one account to another, using the internet. From a personal computer, onecan access bank account information, and perform many banking functions, like transferringmoney, making a loan payment. Electronic banking, also known as electronic fund transfer (EFT),uses computer and electronic technology as a substitute for checks and other paper transactions.In simple words,the systems that enable financial institution customers, individuals or businesses, to access accounts, transact business, or obtain information on financial productsand services through a public or private network, including the Internet i.e. PC, ATM, Onlinebanking, etc.It means any user with a personal computer and a browser can get connected to hisbank -s website to perform any of the virtual banking functions. In Internet banking system thebank has a centralized database that is web-enabled. All the services that the bank has permittedon the internet are displayed in menu. Any service can be selected and further interaction isdictated by the nature of service.

You're Reading a Free Preview

Download
scribd
/*********** DO NOT ALTER ANYTHING BELOW THIS LINE ! ************/ var s_code=s.t();if(s_code)document.write(s_code)//-->