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6 FUTURE OF ONLINE BANKING SERVICES IN A COUNTRY LIKE “INDIA”:

Most of us need to transact with the banking institutions to handle our finances. While some of us have the expertise and time to stand physically at the bank and seek information, some of us do not want to waste time by ensuring our physical presence at the bank premises. This is where the Online Banking service came into the picture.

Financial life is not as east to run as one think from the far shores. Until you get wet and drowned in the deep waters, you do not have the real experience of the depth of water. You can get drowned or you can even cross the high tides to reach other side of the shore. This is exactly what is felt by many individuals and companies who make use of the modern day banking services.

A few of us are able to make the best use of the online banking services while some of us are not “fortunate” enough to make any use (leave the best use). This is the reason why some of us land up losing out hard-earned money due to phishing and spam mail.

The segment of online banking services in a developing country like India is on all-time high. The investors, normal customers and entrepreneurs are all enjoying present state of the Indian economy at its optimum best. This is mainly because of the online services ever since they were launched by the Indian banks and financial institutions.

With the online banking services, a banking customer can issue an e-drat make balance inquiry, order and even download account statement and even transfer funds on the same working day. This all has been made possible with these services and now the customer does not require to be physically present to execute his banking tasks.

A modern day banking customer, making use of the online banking services, must be vigilant enough to identify the authentic and publishing mails. One should not forget the fact that no bank in the world would seek your personal information, User ID or password or

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