E-banking in India: Challenges and Opportunities

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9788177081374: E-banking in India: Challenges and Opportunities
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E-banking is a generic term for delivery of banking services and products through electronic channels, such as the telephone, the internet, the cell phone, etc. The concept and scope of E-banking is still evolving. It facilitates an effective payment and accounting system thereby enhancing the speed of delivery of banking services considerably. While E-banking has improved efficiency and convenience, it has also posed several challenges to the regulators and supervisors. Several initiatives taken by the government of India, as well as the Reserve Bank of India (RBI), have facilitated the development of E-banking in India. The government of India enacted the IT Act, 2000, which provides legal recognition to electronic transactions and other means of electronic commerce. The RBI has been preparing to upgrade itself as a regulator and supervisor of the technologically dominated financial system. It issued guidelines on risks and control in computer and telecommunication system to all banks, advising them to evaluate the risks inherent in the systems and put in place adequate control mechanisms to address these risks. The existing regulatory framework over banks has also been extended to E-banking. It covers various issues that fall within the framework of technology, security standards, and legal and regulatory issues. This book - containing 12 scholarly articles - will benefit those interested in the technological developments of E-banking in India.

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Book Description New Century Publications. Hardcover. Condition: New. Electronic banking (E-banking) is a generic term encompassing internet banking, telephone banking, mobile banking etc. Several initiatives taken by the Government of India as well as the Reserve Bank of India (RBI) have facilitated the development of E-banking in India. The Government of India enacted the IT Act, 2000 with effect from October 17, 2000, which provides legal recognition to electronic transactions and other means of electronic commerce. The existing regulatory framework over banks has also been extended to E-banking. It covers various issues that fall within the framework of technology, security standards and legal and regulatory issues. This book contains 12 articles by scholars specialising in the area of banking. Seller Inventory # NewCentury-9788177081374

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Book Description New Century Publications. Hardcover. Condition: New. Electronic banking (E-banking) is a generic term encompassing internet banking, telephone banking, mobile banking etc. Several initiatives taken by the Government of India as well as the Reserve Bank of India (RBI) have facilitated the development of E-banking in India. The Government of India enacted the IT Act, 2000 with effect from October 17, 2000, which provides legal recognition to electronic transactions and other means of electronic commerce. The existing regulatory framework over banks has also been extended to E-banking. It covers various issues that fall within the framework of technology, security standards and legal and regulatory issues. This book contains 12 articles by scholars specialising in the area of banking. Seller Inventory # NewCentury-9788177081374

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Book Description New Century Pub. (New Delhi) 1, India. Hardcover. Condition: New. HARDCOVER Legendary independent bookstore online since 1994. Reliable customer service and no-hassle return policy. Business>Banking. Book: NEW, New. Bookseller Inventory # 67978817708137400. Seller Inventory # 67978817708137400

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Jatana, Rimpi (Editor)/ Uppal, R. K. (Editor)
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Book Description New Century Pubns, 2007. Hardcover. Condition: Brand New. 266 pages. 8.75x5.50x1.00 inches. In Stock. Seller Inventory # 8177081373

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Published by New Century Publications, India (2007)
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Book Description New Century Publications, India, 2007. Hardback. Condition: New. Language: English . Brand New Book. E-banking is a generic term for delivery of banking services and products through electronic channels, such as the telephone, the internet, the cell phone, etc. The concept and scope of E-banking is still evolving. It facilitates an effective payment and accounting system thereby enhancing the speed of delivery of banking services considerably. While E-banking has improved efficiency and convenience, it has also posed several challenges to the regulators and supervisors. Several initiatives taken by the government of India, as well as the Reserve Bank of India (RBI), have facilitated the development of E-banking in India. The government of India enacted the IT Act, 2000, which provides legal recognition to electronic transactions and other means of electronic commerce. The RBI has been preparing to upgrade itself as a regulator and supervisor of the technologically dominated financial system. It issued guidelines on risks and control in computer and telecommunication system to all banks, advising them to evaluate the risks inherent in the systems and put in place adequate control mechanisms to address these risks. The existing regulatory framework over banks has also been extended to E-banking. It covers various issues that fall within the framework of technology, security standards, and legal and regulatory issues. This book - containing 12 scholarly articles - will benefit those interested in the technological developments of E-banking in India. Seller Inventory # AAG9788177081374

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