FEATURES AND PROBLEMS OFELECTRONIC BANKING IN INDIA

Now-a-days banking is known as Innovative Banking. Developments in Information technology have given
a rise to innovations in the product & servicedesigning and their supply in the banking sector and finance
industries, customer services and satisfaction are their centre point of all the efforts. With the advent of
online banking, electronic funds transfer and other similar products & services for funds transfer within
quick time which was impossible a few years age. With networking and inter connection new problems are
taking place related to security, privacy and confidentiality to e-banking transactions. For Conclusion, the
banking sector have a need to prepare a new business model by management and customer services,
satisfaction with a variety of products, services and controlled cost to stay in the long run.
Key words: Electronic Banking, ETF, ATM, Worldwide Markets, Online Payments, Internet Security, etc.