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Title: Internet Banking- A transformation Based on Technology from Traditional to Virtual Banking
Other Titles: Indian Journal of Law and Justice, Vol. 11 No. 1 (Part III), March 2020, p 150 - 158
Authors: Bhattacharjee, Abhijit
Chakraborty, Saikat
Keywords: E-Banking
Information Technology
Social Transformation
Issue Date: Mar-2020
Publisher: University of North Bengal
Abstract: Indian Banking has undergone a total transformation over the last decade. Moving seamlessly from a manual, scale constrained environment to a technological leading position, it has been a miracle. Such a transformation takes place as per the need of the hour within a short span of time with low cost. In the development of Indian economy, banking sector plays a very important and crucial role. With the use of technology there had been an increase in penetration, productivity and efficiency. It has not only increased the cost effectiveness but also has helped in making small value transaction viable. Electronic delivery channels, ATMs, variety of cards, web based banking, and mobile banking are names of few outcome of the process of automation and computerization in banking sector.
ISSN: 0976-3570
Appears in Collections:Vol.11 No. 1 Part 3 (March 2020)

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