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New Information Technology Has Taken Part And Importance Place Infuture Essay

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New information technology has taken part and importance place infuture

development and economic growth ,especially banking sector transition has been

affected more than any other provider groups

Widely used the advanced technology ,mobile services, internet as new distribution

channel for banking transaction also international trading

require more attention towards e-banking security to safeguard it from

all the fraudulent activities .The development and the increasing

progress in the Information and Communication Technology has

brought about many changes in all facets in our life .Information

Technology has emerged in vast field and contributed a alot in the

growth of Indian Economy .It has made access easier ,saves time

Information technology also helps the business world to maximize its

productivity and work efficiently .Faster communication ,maintain records

and protection of those records are advantages of IT . In the banking

industry its has been in the form of online banking which is now

replacing the traditional banking practices as traditional banking often

cost more than online banking .Most bank cost often maintenance fee

and teller interaction fee for every transaction processed.Online banking

has lot of benefit which add value to customer satisfaction in terms of

better quality of sevices offering and also helps the bank to gain more

competitive advandages to over than other competitors.Online banking

or internet banking

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