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International Journal of Trade & Commerce-IIARTC
Impact Factor (IF):5.135 (COSMOS), IF:7.249 (ISRA), IF:3.721 (ISI)
ISSN:2277-5811 (P), ISSN:2278-9065 (O)
Frequency: Half Yearly
Electronic Banking Practices of Private Sector Banks in India: A SWOT Analysis
Banking system of a country plays very vital role in the economic development; all kind of developments and prosperity of a nation depend upon the soundness of banking system. Indian banking has a long history although new chapter was opened just after the launching the first phase of reformation during the early 1990s. New private sector banks transformed Indian banking from manual banking to paperless technology based banking. Consequently modern banking practices have revolutionized Indian banking. Present paper highlights the strength, weaknesses, opportunities and threats of private banking system in a developing nation like India.
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Author: Rachna Balyan, Deepa Baliyan
Abstract:Banking system of a country plays very vital role in the economic development; all kind of developments and prosperity of a nation depend upon the soundness of banking system. Indian banking has a long history although new chapter was opened just after the launching the first phase of reformation during the early 1990s. New private sector banks transformed Indian banking from manual banking to paperless technology based banking. Consequently modern banking practices have revolutionized Indian banking. Present paper highlights the strength, weaknesses, opportunities and threats of private banking system in a developing nation like India.
Keywords:Technology, Innovating, Banking, practices
DOI:
International Journal of Trade & Commerce (Vol: 3 Issue:2)
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