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International Journal of
Commerce and Management Research
ARCHIVES
VOL. 6, ISSUE 2 (2020)
Technological Advancement in Banking Sector of India
Authors
Dr. Pankaj Vaya, Preeti Kanwar Rajput
Abstract
Indian banking system is growing with a very fast speed and witnessing various challenges like innovations in technologies, new banking regulatory reforms, changing needs of customers, increased competition from other banks etc. All these challenges have enforced the banks to adopt newer ways of conducting business operations. Therefore, the banking sector in India is heading towards the modern banking system with numerous technological advancements. As conventional banking, system depends more upon human resources but modern banking system involves machine and technology-based banking practices. All these advancements are enhancing customers ease and increasing the operational efficiency of banks while decreasing the operational expenses of business practices. This research paper highlights that how this technological advancement has transformed the face of Indian Banking Practices.
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Pages:30-32
How to cite this article:
Dr. Pankaj Vaya, Preeti Kanwar Rajput "Technological Advancement in Banking Sector of India". International Journal of Commerce and Management Research, Vol 6, Issue 2, 2020, Pages 30-32
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