The biggest revolution came in banks is Digitization. Banking process is faster than before and more reliable. Maintenance and retrieval of documents and records have become much faster and easier. Computerized banking also improves the core banking system. With CBS (core banking system) all branches have access to common centralized data and are interconnected.

With the innovation of MICR cheque processing system, the processing of cheques becomes more faster and efficient h than before. USSD (Unstructured supplementary service data) was launched by Government, so people with no internet-connectivity too can access their bank accounts without visiting the branch. With increasing internet reach, Internet Banking was developed and now offered by almost every bank. Through this, every transaction details and inquiries can be performed online without visiting the bank.

Technology also leads to competition among the banks which eventually provides better services to people. With introduction of mobile banking, one can access their bank from anywhere-anytime. Everything is one quick tap away. To facilitates better services, Banks have introduced Automated Banking Services Solution like Cash Deposit Machine, Cheque Deposit Machine, Passbook Printing Machine through these service have become easier.

Manuscripts with relevance to the scope can be submitted to our Email: economics@scitecjournals.com or economics@scholarlypub.com (or) Online Submission at Economics

Author Information: Complete names and affiliation of all authors, including contact details of corresponding author (Telephone, Fax and E-mail address).

Best Regards,
Adam Smith,
Editorial Manager,
Research Journal of Economics
WhatsApp: +44-151-808-0171
Email: economics@scholarlypub.com