Impact of Digitalization on Banking System

Authors

  • Indu Bhoria

Keywords:

Digitalization, market, system

Abstract

In this growing era, services, products and lifestyles of the customers are changing day by day so, why not banking system? For this change in growing era, banks must have to change and this paper is based on the changing in technology or innovation of new ideas regarding customer satisfaction. Generally, customers do not have plenty of time to visit banks for their transactions and hence, they prefer these things to get digitalized. So, various banks like axis bank, SBI, BOI and HDFC have prepared the software to satisfy their customers.

References

Niti Aayog “Digital Payment Trends, issues and opportunities” July 2018.

Priyanka Sharma “Impact of digitalization on transaction banking in financial industry: An evolving landscape”, 2019.

Rao YV, Budde SR. Banking technology innovations in India: enhancing customer value and satisfaction. Indian Journal of Science and Technology.

Santiago Carbo -Valverde “The Impact on Digitalization on Banking and Financial Stability”, Journal of Financial Management, Markets and Institutions, 2017.

Singh B, Malhotra P. Adoption of Internet banking: An empirical investigation of Indian banking Sector. The Journal of Internet Banking and Commerce, 1970, 9(2).

Utpala Vanmali, “Digital banking – roadway to success,” “International Journal of Marketing & Financial Management”, vol. 4, ISSN: 2349 – 2546.

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Published

2018-03-31

How to Cite

Bhoria, I. (2018). Impact of Digitalization on Banking System . Innovative Research Thoughts, 4(3), 200–204. Retrieved from https://irt.shodhsagar.com/index.php/j/article/view/568