STUDY ON PRE AND POST IMPACT OF E-BANKING ON BANKING OPERATION

D Ranjan, J Sabhaya, Ankita Bhalala, Chovatiya
2014 GALAXY International Interdisciplinary Research Journal   unpublished
Prior to the advent of electronic banking, the manual system of banking data, recording and retrieval was in use. As the wind of change started blowing most banks if not all adopted the use of electronic banking (e-banking) for transaction just like any other part of the world, in India today, e-banking is fast becoming the rule rather than exception. A number of good reasons are adduced for this dynamic change in banking systems. One of these reasons is the inherent benefit of e-banking to
more » ... of e-banking to save time and magnificent efficiency in the speed in the transaction of banking activities and consequently enhancing the performance of banks. Another benefit is the accuracy and reliability of this information if accurate data are inputted. This work is designed to find out the following things; the benefit and problems of electronic banking on banks. The method of data collection were secondary data which comprises of electronic banking guidelines, financial summary of the bank over the years, annual report of the bank, journals and magazines of e-banking, computer data base accessed through the internet. The application of e-banking has enhanced the profitability (operating profit, profit before tax and profit after tax) of banks.. KEY WORDS: Pre and post impact of e-banking, banking operation, electronic banking guidelines.
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