Project on

“A study on role of Modernization in Banking system

in India”

Name : Abhishek Pal, TYBFM, 8952

Name of the guide: Mr. Abhijit Ray

Objective
• To get better understanding on banking system in
India
• To study the changes between the oldest banking
system &the today’s modernized banking system of
India
• To study that how modernized banking system is
impacting individuals
• To understand that how development in banking
system helps the banks to get rapid growth
• To know that how banking system is affecting the
economy
Scope : The banking system in any country is very
important for the economy. If the country’s economy
wants to grow than the banking system should be good.
That’s why it’s become important to modernized the
banking system with the advance technology. As the
technology is advancing day by day, so it’s also important
to develop the banking system. So, it’s become
important to study on Modernisation in banking system.

Limitations : To modernized banking system there are

some limitations or drawbacks of technology. As the
banking systems are depending more on technology
because of that unemployment has increased. And there
are also cybersecurity concern because of that data can
be misuse. Data can be consist of personal information of
the customer. So it’s important to secure data from
cybersecurity.
 Index
SR.NO Topic
1. Introduction
2. Post Independence
3. Nationalisation
4. Liberalisation
5. Evolution
6. Introduction
7. Banking technology
• Online Banking
• ATM
• Electronic fund transfer
• Electronic clearing services
• Credit cards
• Real time gross settlement
• Core Banking
• Mobile Banking
• Very small aperture terminals
• Laser (debit cards)
• Electronic commerce
8. Challenges ahead
9. Case study
10. Conclusion