BANKING SERVICES IN INDIA I. HISTORY OF BANKING IN INDIA There are three different phases in the history of banking in India. 1) Pre-Nationalization Era. 2) Nationalization Stage. 3) Post Liberalization Era. 1) Pre-Nationalization Era: In India the business of banking and credit was practices even in very early times. The remittance of money through Hundies‚ an indigenous credit instrument‚ was very popular. The hundies were issued by bankers known as Shroffs‚ Sahukars
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The impact of computer technology on our lives Computer technology is such a big factor in everyone’s lives today. In my own life I cannot leave my house without my mobile phone I feel secure when I have my mobile phone with me so I can be contacted or if i was ever to be in trouble I could ring my family. Also social networking is another great form of communication. people who live in different countries and want or need to contact with friends or people from across the world‚ they can just set
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Individuals to Adopt Mobile Banking FACTORS AFFECTING INDIVIDUALS TO ADOPT MOBILE BANKING: EMPIRICAL EVIDENCE FROM THE UTAUT MODEL Chian-Son Yu Department of Information Technology and Management Shih Chien University # 70‚ DaZhi Street‚ Taipei‚ Taiwan csyu@mail.usc.edu.tw ABSTRACT Fast advances in the wireless technology and the intensive penetration of cell phones have motivated banks to spend large budget on building mobile banking systems‚ but the adoption rate of mobile banking is still underused than
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ABSTRACT There have been major changes which are witnessed in the world and at the centre is the ever changing phase of technology‚ like advances in the way people communicate‚ do businesses‚ exchange of information. At the heart of all this lies the World Wide Web and the same has revolutionised the way people are communicating and transferring the data and information. The best part about being that there exists no single entity or person who owns the World Wide Web some organizations and other
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Marketing research has been around for a very long time. It comes in many different forms and has been used in different ways throughout the years‚ but is really meant for one thing. It helps to increase the profitability of your marketing efforts through testing and fact finding. Up until a few years ago this research has all been done in the same basic fashion‚ but the Internet has changed a lot of things. What has been the impact of Internet on marketing research? The Internet has brought millions
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Understanding culture is possible only through human activities and how they act as individuals or members of a group (Coulter‚ 2010). As businesses enter international market‚ cultural diversity plays a major role in formulating international marketing strategies. They need to consider differences in national cultures‚ subcultures and how individuals in such cultures interact with each other and outsiders. This is due to the fact that culture is the main factor that contribute to today’s major
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THE IMPACT OF NEW TECHNOLOGY ON LIFESTYLE AND HEALTH – A PSYCHOLOGICAL PERSPECTIVE Håkan Alm hakan.alm@ltu.se Positive impact of technology As a start I would like to give a short and simple definition of the concept “technology”. Technology will‚ in this case and this paper‚ refer to any physical object‚ product‚ environment‚ or symbol that has been created by human beings. Another frequently used concept with the same meaning is “artifact” (Simon‚ 1969). Technology has had a great impact upon
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*IMPACT OF INFORMATION TECHNOLOGY IN BUSINESS COMMUNI*CATION We are in the midst of a third major revolution in human civilization. First there was the Agricultural Revolution‚ then the Industrial Revolution‚ and now we are in the Information Revolution. Information and communication technology and a world wide system of information exchange has been building growth for over a hundred years and physical technology and industry is not slowing down in growth - rather it is accelerating. Information
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The information technology - IT as it is more famously know plays an important role in our Indian economy and today’s commercial world. The ongoing recession has left its impact on the IT industry we have discussed this in our project. The IT sector was always stressful and the recession has left it more so with overseas IT workers returning home for employment. Though recession has not affected the Indian economy the way it has other countries like USA & UK it has left its imprint. It does
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Information technology (IT) has become a vital part of every business organization‚ whether it’s a case of manufacturing‚ trading or any other service organization. These days email is the principal means of communication between employees‚ suppliers and customers. Due to information technology there is no need to keep many files. Today‚ most companies store digital versions of documents on servers and storage devices. These documents become instantly available to everyone in the company‚ regardless
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