E BANKING IN INDIA AND ITS PRESENT SCENARIO AND FUTURE PROSPECTS

Ms.Nalini kantha.c - Lecturer– SRI SAI SATYANARAYANA DEGREE COLLEGE

Ms.Lavanya. – Lecturer– SRI SAI SATYANARAYANA DEGREE COLLEGE

ABSTRACT

Now a days banking is known as innovative banking. Development in information

technology has given a rise to innovations in products and services.

Designing their supply in the banking sector, customer service, financial

industries are there center point of all their efforts. One of most important areas
of banking, information technology have positive influence on substitutes for
traditional funds. With the advent of online banking, electronic fund transfer
and other similar product and services for transfer of funds within quick time
which was impossible a few years back. With networking and other and
interconnection new problems are taking place relating to security, privacy and
confidentiality to E banking transactions.

Key Words: Electronic banking, Online banking Security, Technology.