Special Issue Description

Authors : S. R. Raundal

Page Nos : 155-159

Description :
The Indian Banking Industry is undergoing a paradigm shift in scope, context, structure, functions and governance. The information and communication technology revolution are radically and perceptibly changing the operational environment of the banks. Technology has emerged as a strategic resource for achieving higher efficiency, control of operations, productivity and profitability. Technology not only plays an important role in development and introduction of new products and facilities like ATMs., tele-banking, internet banking etc. but also plays a pivotal role in terms of achieving operational efficiency. Technology also aids in the asset liability management process by enabling the top management to decide on product pricing in a competitive scenario.

Date of Online: 30 ,Feb.2020