A STUDY OF DIGITAL BANKING FACILITIES WITH REFERENCE TO KUSHALNAGAR TOWN PANCHAYATH DISTRICT OF COORG

Banking industry in India is facing unprecedented competition from non – traditional banking institutions, which now offer banking and financial services over the internet. The deregulation of the banking industry coupled with the emergence of new technologies, are enabling new competitor to enter the financial services market quickly. Digital banking or E – Banking is an umbrella term for the process by which electronically without visiting a bank. User with a personal computer can get connected to his banks website to perform any o the virtual banking functions. In internet banking system the bank has a centralized database that is AHADwebenabled. All the services that the bank has permitted on the internet are displayed in menu. Any service can be selected and further interaction is dictated by the nature of services