International Journal of Multidisciplinary and Current Research Research Article ISSN: 2321-3124 Available at: http://ijmcr.com An Empirical Study on Role of ICT in Banking Sector 1 2 Saranya. J ‚ Anitha. K ‚ Dr. S.Vasantha 3 Research Scholar‚ School of Management Studies‚ Vels University‚ Pallavaram Chennai‚ India1 Research Scholar‚ School of Management Studies‚ Vels University‚ Pallavaram Chennai‚ India2 Professor‚ School of Management Studies‚ Vels University‚ Pallavaram Chennai‚ India3
Premium Bank Online banking
ROLE OF ICT IN BANKING Technology is no longer being used simply as a means for automating processes. Instead it is being used as a revolutionary means of delivering services to customers. The adoption of technology has led to the following benefits: greater productivity‚ profitability‚ and efficiency; faster service and customer satisfaction; convenience and flexibility; 24x7 operations; and space and cost savings (Sivakumaran‚ 2005). Harrison Jr.‚ chairman and chief executive officer of Chase
Premium Bank Mobile phone Customer service
Role of It in Banking Sector Summary: The article presents a study which aims to analyze the role of information technology (IT) in the banking industry. Based on the article‚ technological innovations have enabled the industry to open up efficient delivery channels. It is said that IT has helped the banking industry to deal with the challenges the new economy poses. The study also examines the views of bank employees on the implementation of IT in banks. According to the author‚ private and
Premium Bank
THE ROLE OF ICT IN BANKING OPERATIONS CHAPTER ONE INTRODUCTION 1.1 BACKGROUND OF THE STUDY The Nigerian banking system has undergone remarkable changes over the years‚ in terms of the number of institutions‚ ownership structure‚ as well as depth and breadth of operations. These changes have been influenced largely by challenges posed by deregulation of the financial sector‚ globalization of operations‚ technological innovations and adoption of supervisory and prudential requirements that conform
Premium Bank
marketing information from its multiple sources. Position of banking sector in Bangladesh A bank is a financial institution and a financial intermediary that accepts deposits and channels those deposits into lending activities‚ either directly by loaning or indirectly through capital markets. A bank is the connection between customers that have capital deficits and customers with capital surpluses.The Bangladesh banking sector relative to the size of its economy is comparatively larger than
Premium Bank
ICT in Banking Banking Facilities have been Improved due to ICT. People can now pay for goods using not only cash but plastic cards‚ cheques and direct debit cards. Smart cards can also be used to pay for goods over the internet. A person can now bank from home using the telephone or internet or even through their mobile phones. A person also no longer needs to go to the bank to take out money. Cash machines mean that people can take out money without having to visit the bank
Premium Automated teller machine Debit card Payment systems
SOLUSI UNIVERSITY FACULTY OF BUSINESS DEPARTMENT OF C&MIS AN ASSIGNMENT IN FULFILMENT OF THE COURSE: BUSINESS FINANCE (FNCE 280) RESEARCH PAPER: HOW ICT HAS INFLUENCED BANKING INDUSTRY??? DONE BY: BEKEZELA D. TAYI Student ID # : 2012050007 Year: MAY-AUG 2013 Lecturer: Ps MAHASO ACKNOWLEDGEMENTS The satisfaction that accompanies that the successful completion of any task would be incomplete without the mention of people whose ceaseless cooperation made it possible‚
Premium Bank
What roles have deregulation‚ innovation‚ and globalization played in changing the character of bank management in recent decades? Has the overall outcome of the changes been greater stability in the banking sector? Discuss the respective roles of asset and liability management in modern banking. Deregulation‚ innovation and globalisation has changed the way banks run from asset management to liability management‚ as well as the change from ‘mono’ to ‘multi-tasking’ and the increased competition
Premium Bank Debt Financial services
IMPACT OF TECHNOLOGY IN INDIAN BANKING SECTOR LAVANYA. D(AUTHOR) RESEARCH SCHOLAR ST.PETERS UNIVERSITY‚ CHENNAI & Dr. R. GAYATHRI(CO-AUTHOR) ST.PETERS COLLEGE OF ENGINEERING AND TECHNOLOGY. CHENNAI LIST OF CONTENTS SL.NO PARTICULARS PAGE NO 1. PROJECT ABSTRACT 3 2. VARIOUS METHODS OF MONEY 4-6 TRANSFER THROUGH ONLINE 3. NEFT/RTGS 7-8 4. EXAMPLE 8-10 5.
Premium Credit card Bank Debit card
A PROJECT REPORT ON THE EFFECT OF INFORMATION AND COMMUNICATION TECHNOLOGY ON THE EFFECIENCY OF BANKING INDUSTRY (IN UDAIPUR CITY) IN THE PARTIAL FULLFILLMENT OF THE REQUIREMENT FOR MASTER OF BUSINESS ADMINISTRATION (MBA) 2007-2009 PACIFIC INSTITUTE OF MANAGEMENT‚ UDAIPUR Post Box No. 12‚ Pratap Nagar Extension‚
Premium Bank Online banking