New Technological Changes i n Indian Banking Sector
Journal Title: International Journal of Scientific Research and Management - Year 2017, Vol 5, Issue 9
Abstract
The new financial year in India has seen a fuel growth in the banking sector with the development of innovations like Unified Payments Interface (UPI), adoption of cloud technology... etc. the Banking challenges of changing needs and customer‘s insights, new regulations and creating more technological innovations for customers in the banks. Nowadays we have E - Banking system along with currency notes. India‘s monetary system can create a new instrument along with liquidity and safety. The Indian banking secto r where introduced Arrival of the card, introduction of Electronic Clearing Service (ECS) in 1990‘s, EFT, RTGS, NEF, mobile banking, online banking are the various innovations in banking. This paper highpoints out the new technological changes in Indian ba nking sector
Authors and Affiliations
Dr. G. Anbalagan . Ph. D
Keywords
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