Role of IT in Banking Sector Cover
Role of IT in Banking Sector Cover
ON
Submitted By
SRIKANTH GUDALA
Ht. No. 1064 - 18 - 684 - 002
MRS. DEEPA
(ASSOCIATE PROFESSOR)
OSMANIA UNIVERSITY
I hereby declare that this project report titled “Role of IT in Banking Sector”
is done by me. Submitted by me as part of partial fulfillment for the award of the
I also declare that this report has to my knowledge is my own and is neither
DATE:
PLACE:
SRIKANTH GUDALA
There are many people to whom I feel obliged for their comments on the contents
of the project. I thank to Prof. RAKHEE, I am also grateful to my college friends
SRIKANTH GUDALA
Banking system plays a very important role in the Indian economy. It is like a
central nerve to a nation’s economy as it caters to the financial needs of credit in
all the domains of the society. The growth and advancements in technology has
led to a paradigm shift in the entire banking operations and systems.
Further the development of e-banking created a drastic change in terms of fulfilling
customers’ variety of needs. The two fold objectives of current budget, namely,
demonetization and GST, purely depend on digital banking. The present study explores
the role of technology in banking sector among customers by reviewing the relevant
literature from the earlier studies. The paper aims to explore some important
and popular IT enabled services of banking institutions, its benefits and challenges
at present.
Keywords: ATM,Internet-Banking,Mobile, Banking,Information Technology,
Fintech,MICR,CTS, ECS, EFT, RTGS ,CBS.
TABLE OF CONTENTS
PAGE
CHAPTER DESCRIPTION
NO
I. INTRODUCTION 1
MEASUREMENT
BIBLIOGRAPHY