CYBER CENTRIC FINANCIAL TRANSACTIONS – A STUDY
Abstract
Financial activities in India have faced radical alterations due to the implementation of new economic policies. Before liberalization, in 1969 and 1980 banking establishments were nationalized based on the thrust aim of supplementary banking i.e., rapid spreading out of banking activities. Whereas now the industry is operated on the concept of customer centric and Cyber Centric banking i.e. changed towards “Better financial activities from more financial activities” in order to face the market challenges. After the adoption of technological development it allows the banking businesses and other stakeholders to interact and transact with the institutions seamlessly through a variety of conduits. They are Internet, Wireless devices, ATM’s, Mobile payment wallets and various digital applications. These facilities are widely provided by almost all the institutions.
Based on this background an attempt has been made to draw the responses about the level of usage and customer satisfaction towards Cyber Centric Financial activities.
Keywords
Full Text:
PDFReferences
Adam Smith, “An enquiry in to the Nature and Causes of the Wealth of Nations”, 769, Vol IV, Pp. 420-423.
Press notification of Reserve Bank of India, 2004/663, dated 24th December, 2004.
Gautam Gosh, “Spending is Priority today”, The Hindu, 31st October 1999.
Investment World, 25th June 2000, Business Line.
Banking on Technology by Priya Nair.
A.Subramani, “Attention Credit Cards”, The Hindu, 16th November 2006.
Jyoti Pal, “Cards in India”, They Money Times, 31st December 2006.
Plastic Money: Roadway Towards Cash Less Society, Bansi Patel and Urvi Amin, Paripex -Indian Journal of Research, Volume 1, Issue 11, November 2012.
Plastic Money a way for cash less payment systems, P.Manivannan, Global Research Analysis, Volume 2, Issue 1, January 2013, Pp11-12
Mobile Payments in India, Deloitte, April 2011.
Levesque, and MC Dougall, “Determinants of Customer Satisfaction in Banking”, International of Journal of Bank Marketing, 14(7), Pp12-20, 1996.
Anand, G.M., Murugauag, W.J., 2003 “Comments on ‘Bank Selection decision and market segmentation”, Journal of Marketing, October, Pp. 89-91.
S.N. Maheswari and S.K.Maheswari, “Banking Theory, Law & Practice, Kalyani Publishers, Edition 2005, Pp. I-4.
Edward and Others, “Commercial Banking”, Englewood Cliffs, New Jersey, Pp. 10-15.
www.google.com
www.nowstuffworks.com
Refbacks
- There are currently no refbacks.