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VOL. 3, ISSUE 1 (2017)
Growth of onsite-offsite ATMs: A comparative study of public sector, private sector and foreign banks in India
Authors
Dr. Veena KP, Shilpa D
Abstract
The tendency of banking sector has evolved from cash economy and transformed to cheque economy which has further been converted to plastic card economy. With this concern there are several branches of onsite and offsite ATMs developed in India. Therefore now the technology is considered as the main contribution for the organizations success and as their core competencies. So, the banks are investing more on providing on the customers with the new technologies through e-banking. The main aim of the study is to highlight the theoretical framework and different kinds of ATMs services in Indian banking sector and growth of Onsite and Offsite ATMs of public and private sector banks and also to analyze the growth of onsite and offsite ATMs in foreign banks. Finally this study analyzed comparing of growth of onsite and onsite ATMs among public, private and foreign banks in India. The present study focused on secondary sources of data collection and to measure the reliability of data and applied compound growth rate and post doc test to analysis the comparison of onsite and offsite in public sector, private sector and foreign banks. To conclude, ATM is a machine which facilitates easily banking transactions to the customer, therefore technological advancement is needed to improve the growth and accessibility of onsite-offsite ATMs services in India. And also the public sector banks have highest number of onsite and offsite ATMs services compared to private sector banks and foreign banks.
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Pages:133-137
How to cite this article:
Dr. Veena KP, Shilpa D "Growth of onsite-offsite ATMs: A comparative study of public sector, private sector and foreign banks in India". International Journal of Commerce and Management Research, Vol 3, Issue 1, 2017, Pages 133-137
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