Menu
Banking sector is the lifeblood of modern economy. It is one of the important financial pillars of all financial sectors, which plays a vital role in the functioning of an economy. The development of a country is mainly linked with the development of banking. In a modern scenario, banks are to be considered not as dealers in money but as the leaders of development. This study reveals the technological innovation in E –Banking sectors. The data has been collected from secondary source. Online banking is an electronic payment system which enables customers of a financial institution to conduct financial transactions on a website operated by the institution such as a retail bank, virtual bank, credit union or building society. Online banking is also termed as Internet banking, e-banking, virtual banking and mobile banking.
• Benson, K (2008). Commercial Banks in India: Growth, Challenges and Strategies, New Century Publications, New Delhi, pp. 61-107. Reserve Bank of India, Report on Trend and Progress of Banking in India, RBI Mumbai, Various Issues.
• Sharma, H (2011). Banker’s Perspective on e-banking, NJRIM, Vol. 1, No. 1, pp. 71- 84.
• Uppal, R. K (2011). E-Age Technology- New Face of Indian Banking Industry: Emerging Challenges and New Potentials, Journal of Social and Development Sciences, Vol. 1, No. 3, pp. 115-129
Desh Bhagat University,
Off to NH-44, Amloh Road, Mandi Gobindgarh,
District Fatehgarh Sahib, Punjab- 147301, India