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A Study on Emerging Opportunities & Challenges Towards E-Banking System in India

A Study on Emerging Opportunities & Challenges Towards E-Banking System in India

Ms. Megha Arunkumar Jain, Dr. G. H Barhate

Journal Title:INTERNATIONAL JOURNAL OF SCIENTIFIC RESEARCH
Abstract


E Banking in India is still in the early stages of growth and development. Competition and changes in technology have changed the face of Banking. The changes that have taken place impose on banks tough standards of competition and compliance. Electronic banking is the use of computer to retrieve and process banking data and to initiate transactions directly with a bank via a telecommunication network. In other words-banking is the wave of future. E Banking is likely to bring a host opportunities as well as poses new challenges for authorities in regulating and supervising the financial system and in designing and implementing the macroeconomic policy This paper aims to present A Study on Emerging E-Banking opportunities & challenges in India.

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