Economics of Money, Banking and Financial Markets, The, Business School Edition (5th Edition) (What's New in Economics)
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Chapter 11, Problem 6Q
To determine

Why did new technology make it harder to enforce limitations on bank branching?

Concept Introduction:

Bank branching is a system where the main bank office connects to its customers by opening branches at various locations. This is known as bank branching. Such branching provides personal help to its customers. It provides greater security to customers, easy management of customer according to different locations, easy supervision of the bank’s cash reserves, easy and cheap transfer of funds, etc. However, innovations in the computer technology led to the decrease in the use of the traditional branching services.

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