Impact of Digitalization on Select Banks

Authors

  •   A. Kotishwar Professor & HOD, Department of MBA, CMR College of Engineering & Technology, Medhchal Road, Hyderabad - 501 401, Telangana

DOI:

https://doi.org/10.17010/ijf/2018/v12i12/139890

Keywords:

Digitalization

, Cashless Economy, Demonetization, Debit Cards, Credit Cards, Mobile Bank, RTGS

O1

, O31, O33, O38

Paper Submission Date

, July 27, 2018, Paper sent back for Revision, November 5, Paper Acceptance Date, November 17, 2018

Abstract

An economy is said to be cashless where the transaction of money is in the digital form other than cash. Demonetization brought a massive radical change in the transaction mode in the general public, and the positive side to it is our nation took a greater leap towards a cashless economy. The present study focused on the impact of technology on select banks with respect to transactions pertaining to online digital transactions and their contribution towards business per employee of respective banks and to assess the impact of 3G/4G communication technology on select banks with respect to transactions pertaining to credit and debit cards, NEFT, RTGS, mobile phone based transactions, and ECS and their contribution towards business per employee of respective banks.

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Published

2018-12-01

How to Cite

Kotishwar, A. (2018). Impact of Digitalization on Select Banks. Indian Journal of Finance, 12(12), 32–51. https://doi.org/10.17010/ijf/2018/v12i12/139890

Issue

Volume 12, Issue 12, December 2018

Section

Articles
Crossref
Scopus
Google Scholar
Europe PMC

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