Internet Banking Need of Current Scenario
Journal Title: INTERNATIONAL JOURNAL OF MANAGEMENT & INFORMATION TECHNOLOGY - Year 2012, Vol 1, Issue 2
Abstract
Banking in India originated in the last decades of the 18th century. The IT revolution influenced the Indian banking system a lot. The use of computers had led to existence of online banking in India. The use of modern innovation and computerisation of the banking sector of India has increased many folds after the economic liberalisation of 1991 as the country's banking sector has been exposed to the world's market. The Indian banks were finding it hard to compete with the international banks in terms of the customer service without the use of the information technology and computers. Internet banking as a medium of delivery of banking services and as a strategic tool for business development, has gained wide acceptance internationally and is fast catching up in India with more and more banks entering the fray. In the light of this background, the objective of this paper is to study the perceived usefulness of Internet Banking. This paper tries to know the level of awareness among customers. This paper also tries to check the perception of risks closely connected with Internet Banking and study the scope of Internet Banking, so that companies can fulfill their duty in an appropriate and suitable manner.
Authors and Affiliations
Jaspreet Singh, Neena Brar
Keywords
Related Articles
- EP ID EP654187
- DOI 10.24297/ijmit.v1i2.1448
- Views 140
- Downloads 0
Effects of Job Satisfaction on Job Performance and Occupational Commitment
The paper aims to examine the effect of job satisfaction on the levels of job performance and occupational commitment among academicians in the universities. A structured questionnaire was used as an instrument for data...
Process Optimization by DMAIC Approach in Algerian Industry
The aim of this paper is to contribute to the improvement of the performance of the functioning of the SCIMAT company. For that purpose, we made a diagnosis of all workshops to identify the possible axes of improvem...
Computation Of Binomial Option Pricing Model With Parallel Processing On A Linux Cluster
Binary Option Pricing Model (BOPM) is one approach that can be utilized to calculate the value of either call or put option. BOPM generally works by building a binomial tree diagram, also known as lattice diagram to expl...
Maintenance model based on multi agent system improving the performance to a total quality management
Manufacturers recognize that production systems have no value if the production equipment is unreliable. Nowadaysindustrial maintenance, strategic business function is evolving. It is inter -related to the development of...
Optimization of Silicon solar cell in MATLAB/SIMULINK for improved efficiency
Solar energy is an important part of life and has been in use since the beginning of time. Increasingly, man is learning how to yoke this important resource and use it to replace traditional energy sources. Solar cells a...