Recent Trents in Banking

The E-Banking is an application that has been developed for a well-established regional bank operating primarily in south India. In the world of this competitive environment and technological development, the bank has been computerized in the last four years, and to increase its customer bank has started planning for a concept called as e-banking; with this concept, the bank wants to move very nearer to the customers and increase its basic operational strategies. Through E-Banking the bank wants to introduce the core concept of IT-based Enabled Services (ITES). The E-Banking services are executed only upon the customer, and these e-banking services would fully integrate with the core banking solution that is already in usage. The major idea is to provide a series of services to the customer through the internet and make the customer feel flexible in calling out simple tasks faster instead of visiting the bank every time. The customer is privileged to use most of the system only as a viewing phase, the only online transactions the customer can do are cheque book requisition and fund transfer among his accounts