Internet Banking ? A Global Way To Banks In India

to computerize their branches and in new delivery channels such as ATMs, phone banking, internet banking and mobile banking.

Internet banking in India

The Reserve Bank of India constituted a working group on Internet Banking. The group       divided the internet banking products in India into 3 types based on the levels of access granted. They are:

Information Only System General Purpose information like interest rates, branch location, bank products and their features, loan and deposit calculations are provided in the banks website. There exist facilities for downloading various types of application forms. The communication is