Volume : VI, Issue : XI, November - 2017

A study on Banking Innovations in technological space in India in the International Scenario

Shibli. K

Abstract :

 India’s banking system has witnessed some major financial innovations particularly after the era of globalization. Now the steps are on to promote financial inclusion schemes that aim to take banking services to yet–to–be banked areas. Financial inclusion or inclusive financing is the delivery of financial services at affordable costs to sections of disadvantaged and low–income segments of society. Development in the field of Information Technology (IT) strongly supports the growth and inclusiveness of the banking sector by facilitating inclusive economic growth. IT improves the front end operations with back end and helps in inging down the transaction costs for the customers.

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Article: Download PDF   DOI : 10.36106/ijsr  

Cite This Article:

Shibli.K, A study on Banking Innovations in technological space in India in the International Scenario, INTERNATIONAL JOURNAL OF SCIENTIFIC RESEARCH : Volume-6 | Issue-11 | November-2017

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