E-Banking in India

E-Banking in India

Author: Rimpi Jatana

Publisher:

Published: 2007

Total Pages: 284

ISBN-13:

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ABOUT THE BOOK Finland was the first country in the world to have taken a lead in E-banking. In India, it was ICICI Bank which initiated E-banking as early as 1997 under the brand name Infinity. Electronic banking (E-banking) is a generic term encompassing internet banking, telephone banking, mobile banking etc. In other words, it is a process of delivery of banking services and products through electronic channels such as telephone, internet, cell phone etc. The concept and scope of E-banking is still evolving. E-banking facilitates an effective payment and accounting system thereby enhancing the speed of delivery of banking services considerably. While E-banking has improved efficiency and convenience, it has also posed several challenges to the regulators and supervisors. Several initiatives taken by the Government of India as well as the Reserve Bank of India (RBI) have facilitated the development of E-banking in India. The Government of India enacted the IT Act, 2000 with effect from October 17, 2000, which provides legal recognition to electronic transactions and other means of electronic commerce. The RBI has been gearing up to upgrading itself as a regulator and supervisor of the technologically dominated financial system. It issued guidelines on risks and control in computer and telecommunication system in February 1998 to all the banks advising them to evaluate the risks inherent in the systems and put in place adequate control mechanisms to address these risks, which can be broadly put under three heads, viz. IT environment risks, IT operations risks and product risks. The existing regulatory framework over banks has also been extended to E-banking. It covers various issues that fall within the framework of technology, security standards and legal and regulatory issues. This book contains 12 articles by scholars specialising in the area of banking. It will be useful for all those who want to understand recent technological developments in Indian banking.


The New Digital Era

The New Digital Era

Author: Simon Grima

Publisher: Emerald Group Publishing

Published: 2022-09-15

Total Pages: 254

ISBN-13: 1803829818

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The New Digital Era's two volumes highlight the new social and economic policies that are needed to balance the effects on social and economic life and prevent possible conflicts between individuals and societies in the wake of the COVID-19 pandemic and digitalisation.


The Future Opportunities and Challenges of Business in Digital Era 4.0

The Future Opportunities and Challenges of Business in Digital Era 4.0

Author: Satria Bangsawan

Publisher: Routledge

Published: 2020-07-23

Total Pages: 363

ISBN-13: 1000192342

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One of the main challenges faced by all entrepreneurs, is the need to growth. Growth is part of all organizations, it implies continuous growth of sales, purchases, number of employees, profit and thus the growth of the enterprise. Most innovations that are part of the organizations are derived from the internal organization. Industrial Revolution 4.0 provides both opportunities and challenges to all entrepreneurs to grow their business. The rapid development of technology and all digital aspects create opportunities of innovation in organizations. These proceedings provide details beyond what is possible to be included in an oral presentation and constitute a concise but timely medium for the dissemination of recent research results. It will be invaluable to professionals and academics in the field of business, entrepreneurship and economics to get an understanding of recent research developments.


Banking System In India

Banking System In India

Author: Dr. Venkatesh S. Katke

Publisher: Lulu.com

Published: 2016-11-15

Total Pages: 116

ISBN-13: 1365462773

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In India, given the comparatively underdeveloped capital market and with very little internal resources, corporations and economic entities rely, largely, on monetary intermediaries to fulfill their fund necessities. In terms of offer of credit, monetary intermediaries will loosely be categorized as institutional and non-institutional.


E-Banking Services in India

E-Banking Services in India

Author: Vikas Chauhan

Publisher:

Published: 2016

Total Pages:

ISBN-13:

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In this era of Internet and advanced information and communication technology, it is very important for banking industry to introduce innovative electronic banking delivery channels and services. This study attempts to present a comprehensive view of the current status of e-banking in India and analyze the growth and trends of electronic channels of banking service delivery. In addition, the study does a comparative analysis of public and private sector banks. The study is mainly based on two-fold analysis: the first part analyzes online/PC banking through Diniz model of website survey, and the second part analyzes other e-banking delivery channels based on secondary data compiled from Reserve Bank of India website. The analyses revealed that e-banking is becoming massively popular in India and has led to huge competition among banks. Indian banks are showing higher growth and trends in terms of electronic banking delivery channels, and both public and private sector banks provide e-banking services competitively, but the main competition exists between the SBI Group and new private sector banks.


Business Transformation in the Era of Digital Disruption

Business Transformation in the Era of Digital Disruption

Author: Taherdoost, Hamed

Publisher: IGI Global

Published: 2024-09-27

Total Pages: 380

ISBN-13:

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In a world where technology evolves rapidly, traditional business models face unprecedented challenges. Companies must adapt to the accelerating pace of innovation, which demands agile strategies and the integration of new technologies to remain competitive. The rise of digital platforms, automation, and data analytics has shifted market dynamics, compelling businesses to rethink their operations, customer engagement strategies, and value propositions. To thrive, organizations must embrace digital transformation, invest in cutting-edge technologies, and foster a culture of continuous learning and adaptation. Business Transformation in the Era of Digital Disruption offers insights on core concepts and innovative technological solutions driving e-business transformation. It provides actionable strategies for thriving amidst digital upheaval and addresses ethical and legal considerations in e-business transformation. Covering topics such as business processes, gig economy, and sustainable development, this book is an excellent resource for executives, entrepreneurs, consultants, academicians, researchers, educators, and more.


Cybersecurity, Law, and Economics

Cybersecurity, Law, and Economics

Author: Gagandeep Kaur

Publisher: Taylor & Francis

Published: 2024-09-16

Total Pages: 225

ISBN-13: 1040144187

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This book examines the intersection between cybersecurity and the law and economy of India and offers a course of action in designing efficacious policies against emerging cybercrimes in the country. It reviews the boom in infrastructure growth in India and the security challenges this presents to the domestic economy and legal system. The contributors conducted a risk assessment of the potential economic impacts and security vulnerabilities, as well as identified the current regulatory and legal gaps regarding cryptocurrency, ecommerce, and digital banking. The book also considers the subject of data localization and sovereignty, and the challenges of establishing an indigenous data architecture. By discussing the economic impact of cybersecurity and incorporating recommendations from scholars, activists, academics, young legal intellectuals, and professionals in the field, the chapters propose new measures and protections for lawmakers and policymakers to adopt. This book will interest researchers and students of cybersecurity, law and economics, international relations, and Indian policymakers.


Trends, Challenges & Innovations in Management - Volume III

Trends, Challenges & Innovations in Management - Volume III

Author: Dr Ramesh Kumar Miryala

Publisher: Zenon Academic Publishing

Published: 2015-03-15

Total Pages: 337

ISBN-13:

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Globalization has proliferated business with numerous challenges and opportunities, and simultaneously at other end the growth in economy, population, income and standard of living has redefined the scope of business and thus the business houses approaches. A highly competitive environment, knowledgeable consumers and quicker pace of technology are keeping business enterprises to be on their toes. Today management and its concepts have become key for survival of any business entity. The unique cultural characteristics, tradition and dynamics of consumer, demand an innovative management strategy to achieve success. Effective Management has become an increasingly vital ingredient for business success and it profoundly affects our day-to-day life. Today, the role of a business houses has changed from merely selling products and services to transforming lives and nurturing lifestyles. The Indian business is changing and so do the management strategies. These changing scenarios in the context of globalization will bestow ample issues, prospects and challenges which need to be explored. The practitioners, academicians and researchers need to meticulously review these aspects and acquaint them with knowledge to sustain in such scenarios. Thus, these changing scenarios emphasize the need of a broad-based research in the field of management also reflecting in management education. This book is an attempt in that direction. I sincerely hope that this book will provide insights into the subject to faculty members, researchers and students from the management institutes, consultants, practicing managers from industry and government officers.