Impact of Information Technology in Banking Sector in India

Abstract

The most important of all is in the area of banking business. Its traditional banking has to do with the acceptance of customer deposits, loans of surplus money deposited to the right customers who wish to borrow and transfer funds. Apart from the traditional business, banks now offer a wide range of services to meet financial and nonfinancial all types of customers account holder smallest to the largest of the company and in some cases customers are not. The range of services differs from one bank to another, depending mainly on the type and size of the bank.