Electronic Banking  (Hardcover, Dr. Des Raj Bajwa)

Banking is a long-established and honourable profession. The provision of efficient loan and deposit facilities is an essential ingredient in human development and prosperity. For this reason, it is important that all banks are managed prudently. The art of banking remains unchanged from when banks were first established. A sound and effective banking system is the backbone of an economy. Technology is enabling banks to provide the convenience of anytime and anywhere banking. Banks are now reengineering the way in which their services can be reached to their customers by bringing in flexibility in their distribution channels. The aim of this book is to provide a strong foundation on concepts of banking system and advent use of IT and its role in Indian banking systems. This book is useful for commerce and management students of all Indian universities. This book has been designed and prepared with utmost care to make it extremely useful for all such individuals interested in gaining knowledge about electronic banking system. This book will explore the status of e banking in India. This book largely restricts itself to the appraisal of e banking after reforms, impact of e banking on Indian Banking, recommendations of various committees on e banking, major problems of e banking and recommendations for effective e banking. It is not intended that the book should replace texts on existing management practices in its focused field, but rather that it be used as a complement to them. The main target audiences include undergraduate as well as postgraduate students of business administration, general management and technology management as well as practitioners of e-banking. The expected contributions to the academic community include development of a deeper understanding of the issues involved in e-banking as well as practical suggestions on how to tackle these issues. Apart from the introductory chapter, all other chapters are written as independent pieces so readers of this book can choose to consult the part of the book which is most relevant to the problem in hand.