Role of IT in Banking

Author(s)	Deepak Upadhyay, Prof. Dr Jaideep Sharma
Country	India
Abstract	Up until 1990, Indian banks operated in a relatively safe and secure environment; however, economic policies have forced them into fierce competition. As technology advances, the banking industry in India is also attempting to awaken from slumber and become more proactive. Banks have long used technology to enhance their offerings and operational effectiveness. These days, technology is altering not just the surroundings but also the interactions with clients. In addition to removing numerous barriers, technology has produced better goods and distribution methods. This has increased attention on customer relationships. It is also seen as a tool for cutting expenses and facilitating efficient communication between entities and individuals involved in the banking industry.
Field	Business Administration
Published In	Volume 6, Issue 3, May-June 2024
Published On	2024-05-07
Cite This	Role of IT in Banking - Deepak Upadhyay, Prof. Dr Jaideep Sharma - IJFMR Volume 6, Issue 3, May-June 2024. DOI 10.36948/ijfmr.2024.v06i03.19474
DOI	https://doi.org/10.36948/ijfmr.2024.v06i03.19474
Short DOI	https://doi.org/gttbf9

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