Internet Banking ? A Global Way To Banks In India

Internet banking.

Advantages of online banking

The advantages of online banking can be encapsulated as: 
– Convenient
-Unaffected by boundation of operational timings.

-No geographical barriers

- Services can be offered at very low cost

-cost per transaction through internet banking is very low.

Challenges in internet banking

Internet banking in India is in its earliest stage of development.  Most of them are offering basic services only.  The deregulation of banking industry coupled with the emergence of new banking technologies is enabling new competitors to enter the