In the new global era of multi-currency, multi-legal and multi regulatory systems along with the freedom of e-commerce, banks have to operate like multinational corporations to grow and survive by adopting electronic banking. With the advent and diffusion of the Internet medium, the usage of e-banking has experienced a tremendous growth. The growing applications of computerized networks to banking reduced the cost of transaction and increased the speed of service substantially. On the other side, there are some hurdles also in the smooth implementation of e-banking in India. Non-acceptance by customers, security issues and cyber laws, reach of common man are the main areas of concern which needs to be comprehended and tackled.