A Study on Impact of E-Commerce on Banking Sector with Reference to HDFC

Abstract

Now days, E-Commerce is the major resource with the help of Internet facilities. E-commerce provides the facility to buy and sell the products and services or transfer the funds or the data. These business deals do eitheras Business-to- Business, Business-to- Client, consumer-to-Consumer. HDFC net Banking allows you to perform a wide range of sale from anywhere, any time. With the help of digital banking there is no need to visit the bank for any transactions. E-banking is the operation of E-Commerce used by bank clients for the purpose of Electronic Data Interchange, Fund transfer and E-mail etc. This source is for all retail saving, payment, managed, and Non-Managed individual clients also.