A Study of Virtual Banking in India

Abstract: The Revolution in transportation technology in transportation technology has revolutionized the world’s industrial and agricultural sectors, and in all of this, the rapid revolution in the banking sector has led to virtual banking. Attempts have been made to change the face of the banking sector. The study collected data from primary and secondary sources. Online banking services like ATM, Personal computer Banking. Phone Banking and E-mail Banking will help people to get information and awareness. This paper shows that the introduction of virtual banking in India. The term virtual banking includes e-banking (mobile banking or banking through computers), debit and credit cards, card-swipe or point of sale machines and digital wallet system. It also explains the important theoretical points related to various modes of virtual banking and its trend