RECENT TRENDS IN E-BANKING IN INDIA: OPPORTUNITIES AND CHALLENGES

Dr.N.Subburaj

E-banking, internet, electronic payment, challenges, opportunities

E-banking plays a vital role in the present banking functionality. Electronic banking is inferred to be safe and secured, compared to physical banking. It ensures qualitative banking operations compared to traditional banking. E-banking in India is still in the early stages of growth and development. Competition and changes in technology have changed the face of the banking sector. The purpose of the study is to emphasize the concept of e-banking. The research method of this study used the secondary data listed in different databases of books, research papers, and related articles of e-banking available on the Internet. E-banking, also known as online banking or virtual banking or internet banking is a system that enables banking transactions like transfer of funds, payment of loans and EMIs, deposit, and withdrawal of cash virtually with the help of the internet. The present study has been undertaken to describe the present status of e-banking in India and examine the challenges & opportunities of e-banking. With the help of e-banking, the banking sector is gaining customer satisfaction and loyalty. Banks should provide their customers with convenience, meaning offering service through several distributions channels and the availability of online services becomes easier for the customer.

Published Paper   E-Certificate

"RECENT TRENDS IN E-BANKING IN INDIA: OPPORTUNITIES AND CHALLENGES", IJSDR - International Journal of Scientific Development and Research (www.IJSDR.org), ISSN:2455-2631, Vol.8, Issue 9, page no.652 - 655, September-2023, Available :https://ijsdr.org/papers/IJSDR2309099.pdf

Volume 8 Issue 9, September-2023

Pages : 652 - 655

Paper Reg. ID: IJSDR_208573

Published Paper Id: IJSDR2309099

Downloads: 000347314

Research Area: Commerce

Country: madurai, tamilnadu , India

Published Paper PDF: https://ijsdr.org/papers/IJSDR2309099

Published Paper URL: https://ijsdr.org/viewpaperforall?paper=IJSDR2309099

ISSN: 2455-2631 | IMPACT FACTOR: 9.15 Calculated By Google Scholar | ESTD YEAR: 2016

An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 9.15 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator

Publisher: IJSDR(IJ Publication) Janvi Wave

This work is licensed under a Creative Commons Attribution 4.0 International License and The Open Definition