1.

E-BANKING:
Internet banking can be a bane to the economy?
First, Online exchanges negatively affect the relationship with the investor which the
conventional visit to the branch office used to encourage. An individual relationship with the
staff at the banks comes conveniently while mentioning for quicker advance endorsement or
an extraordinary help that may not be accessible to the general population. The chief has
numerous optional powers, for example, postponing reformatory intrigue or administration
charges which were frequently exploited by better associates with the staff. Furthermore
close to home contact additionally implied that the investor would give fundamental
monetary exhortation and bits of knowledge that are gainful to the client.
Second, There are numerous intricate exchanges which can’t be sifted through except if
there is an eye to eye conversation with the supervisor that is absurd through Internet
banking. Tackling explicit issues and objections requires a physical visit to the bank and
can’t be accomplished through the Internet.
Last, Security is the greatest trap of the Internet banking plan which should be prepared for
by the normal client. In spite of the host of refined encryption programming intended to
secure your record, there is consistently an extent of hacking by keen components in the
digital world. It is fundamental to check the bank’s security strategies and assurances while
opening a record and beginning the use of Internet-based financial offices.

2. Management of technology
Risks and Benefits of Investment in it?
When it happens, the collapse in IT projects takes two forms. The first pattern of failure is
marked by a lack of consensus on objectives and lack of confidence in the IT business of the
company. Managers are hesitant to invest in major projects in IT, which results in lower
budget for the area. In another standard, the IT and the businesses of the company align
themselves, and IT spending remains stable, but the managers resist to invest in something
that is not intimately connected with the immediate needs of application in the business - the
infrastructure becomes obsolete, the common basis of data does not grow and the system
becomes complex and fragile. Since the collapse in IT has been avoided and confidence
restored, companies must remain vigilant.The alignment between IT and business
foundation is important and requires constant adjustment to keep IT in the right direction.