1. THE IMPACT OF E-BANKING SYSTEM IN INDIA
Presentation by:-
DEEPIKA MEHTA

2. It is generally said…
“networked individuals and firms are more efficient than networthed individuals…”

3. E-BANKING
Banking done electronically is electronic banking. In other words, it is the products and services provided by the banks by using the electronic media or internet.

4. RANGE OF SERVICES OFFERED
Electronic Funds Transfer (EFT)
Automated Teller Machines (ATM)
Electronic Data Interchange (EDI)
Credit Cards
Debit Cards
Smart Cards

5. BENEFITS TO THE BANK Unlimited network Lesser work load Marketing tool
Lesser establishment costs
Competitive advantage
Lesser chances of fraud & misappropriation
Better profitability
Better customer relationship

6. BENEFITS OF E-BANKING Any time banking Any where banking
Cash free banking
Reduction in Cost of transaction
Easy to make utility payments
On-line purchases

7. Drawbacks Difficult in the adoption of technology Fear of technology
High cost of technology
Lack of preparedness
Restrictions on usage of technology

8. E-banking in India
In India, it was ICICI Bank which E-banking as early as 1997 under the brand name ‘Infinity’

9. Conclusion…
“The potential of “E-banking is huge. With the increase in connectivity, the number of users will explode”, says K.V. Kamat, the CEO of ICICI Bank.
The strategy for banks is to provide value-added services to products to customers utilizing the Internet extensively.

10. THANK YOU .
JAI HIND