Technological Developments In Indian Scheduled Commercial Banks

Published in Journal

Journal of Advances and Scholarly Researches in Allied Education [JASRAE] (Vol:12/ Issue: 23) DOI: 10.29070/JASRAE
Authors: Kamlesh Kaur*,
Subjects: Multidisciplinary Academic Research

Year: Oct, 2016
Volume: 12 / Issue: 23
Pages: 565 - 568 (4)
Publisher: Ignited Minds Journals
Source:
E-ISSN: 2230-7540
DOI:
Published URL: http://ipublisher.in/p/306177
Published On: Oct, 2016

Article Details

Technological Developments in Indian Scheduled Commercial Banks | Original Article

Kamlesh Kaur*, in Journal of Advances and Scholarly Researches in Allied Education | Multidisciplinary Academic Research

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ABSTRACT:

Information technology plays vital role in the development of any industry through reducing the geographical barriers. Indian Banking sector has been showing greater emphases on the technology and innovation since the reforms. The Indian banking sector has undergone noteworthy transformation from local branch banking to anywhere-anytime banking with the implementation of technology. Over the past couple of years, a huge growth has been registered in the number of transactions done through electronic devices. Indian banks have increased number of technological products like Net Banking, Mobile Banking, Online Shopping, Ticket Booking, Bill Payment and Automated Teller Machines (ATMs) etc. The present study is an attempt to analyze the technological developments in Indian banking sector.