INDIAN BANKING SYSTEM A Transition from Traditional Banking to Mobile Banking BY: Abhilasha Sharma Indian Banking system: An Overview Banking in India originated in the last decades of the 18th century. The oldest bank in existence in India is the State Bank of India‚ a government-owned bank that traces its origins back to June 1806 and that is the largest commercial bank in the country. Central banking is the responsibility of the Reserve Bank of India‚ which in 1935 formally took over these
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Internet has become one of the basic needs for mostly peoples; we can’t expect our daily life without internet. If we observe‚ we can easily check out the fact that how internet has dominated in our lives and we are very much dependent on internet. Earlier internet wan the source to collect information only but as time and technology changing day by day‚ lots of new trends is coming and our daily life has shifted on Internet. If we want to explore any new palace‚ we use internet‚ if we want to go
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INTRODUCTION BANKING SYSTEM IN INDIA What is a bank ? A bank is a financial institution that provides banking and other financial services to their customers. A bank is generally understood as an institution which provides fundamental banking services such as accepting deposits and providing loans. There are also nonbanking institutions that provide certain banking services without meeting the legal definition of a bank. Banks are a subset of the financial
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BRANCHLESS BANKING IN PAKISTAN Submitted To Sir Fida Hussain Bukhari Submitted By Syed Qasim Raza Roll No Mi08Bbba011 Hailey College of Banking & Finance Punjab University ACKNOWLEDGEMENT Words will never be able to express enough my fervent gratitude to almighty Allah‚ the most compassionate and merciful‚ for giving me the courage and fortitude to accomplish this gargantuan task. We are the Holy Prophet’s (PBUH) Ummah and we acknowledge that the Holy Prophet’s (PBUH) moral and
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Islamic Banking Analysis Haythem Joudeh February 22‚ 2013 Abstract This goal of this research is to find out if Islamic Banking is a better alternative to the Western‚ Conventional Banking. The information provided will reveal various Islamic Banking principles that would have prevented previous major economic crises and if applied globally today could prevent a major economic collapse. Islamic Banking is banking system based on Shari ’a (Islamic) Law on which it developed its unique
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Bramhe / International Journal of Engineering and Technology Vol.3 (6)‚ 2011‚ 472-479 SMS BASED SECURE MOBILE BANKING Manoj V‚ Bramhe Department of Information Technology‚ RTM Nagpur university St. Vincent Pallotti College of Engg. And Technology‚ Nagpur‚ India manoj_bramhe@yahoo.com Abstract— M-banking has emerged as one of the main division of m-commerce. Mobile banking services consists of information inquiry‚ notifications and alerts‚ applications and payment transfer. Mobile based
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Mobile Banking Apps Joshua Jacobson CIS/207 June 3rd‚ 2013 Michael Praetor Mobile Banking Apps Mobile banking apps have changed the way society banks these days. The days of having to go to the bank to make a withdrawal or deposit are long gone. With features of being able to check your balance‚ deposit a check‚ transfer funds‚ and even pay bills‚ mobile banking has become increasing popular over the past few years. History of Mobile Banking According
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Strategy And Internet Michael E. Porter: Strategy and Internet After being developed in 1996‚ Internet continuously transforms world’s social interaction and activity. Nowadays‚ the importance of Internet in society is high that it is necessary for countries to have Internet access in order to be able to develop. One of the reasons is that Internet has a big impact in business industry since it’s discovery‚ for instance‚ in 2008‚ a study has shown that 77% of the US fastest growing companies
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The Future of Mobile Banking by Rob Berger in Banking * Photo: BankSimple INTRODUCTION Communication is the exchange of information and feeling or ideas‚ which allow the majority of people to get the news of all sides. In addition‚ we are used the communication every day to let people know what we are doing or thinking even feeling which people are received that by voice‚ picture or chat. Moreover‚ communication technologies have made it simple to communicate to friends in the other side of
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EMERGING ISSUES & OPPORTUNITIES OF RETAIL BANKING IN INDIA 1.0 RETAIL BANKING –An Introduction Retail banking is‚ however‚ quite broad in nature - it refers to the dealing of commercial banks with individual customers‚ both on liabilities and assets sides of the balance sheet. Fixed‚ current / savings accounts on the liabilities side; and mortgages‚ loans (e.g.‚ personal‚ housing‚ auto‚ and educational) on the assets side‚ are the more important of the products offered by banks. Related ancillary
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