Acceleration of Digital Banking in India

Author(s)	Tarun Sharma, Anjoo Chauhan
Country	India
Abstract	Post Independence of India in 1947, Digital Banking in India was straggled behind many developing nations. The major reasons behind this was increased use of legacy systems, huge costs of running branches, and outmoded technology that could not be upgraded. Since then, India witnessed gradual yet strong growth in Digital banking. Digital banking involves the digitalization of all established banking products, processes, and activities to provide services to the customers using online channels. With the help of digital banking, any bank branch services are available and approachable 24/7 on mobiles, computers, and appropriate smart devices. In this article Researcher have reviewed the digital banking scenario in India and recent developments and upcoming schemes related to digital banking in India.
Keywords	Types (Internet Banking, Mobile Banking), Evolution of Digitalization, RBI Initiatives, Forthcoming schemes.
Field	Business Administration
Published In	Volume 5, Issue 2, March-April 2023
Published On	2023-04-13
Cite This	Acceleration of Digital Banking in India - Tarun Sharma, Anjoo Chauhan - IJFMR Volume 5, Issue 2, March-April 2023. DOI 10.36948/ijfmr.2023.v05i02.2307
DOI	https://doi.org/10.36948/ijfmr.2023.v05i02.2307
Short DOI	https://doi.org/gr5qwz

About IJFMR Fees & Payment Current Issue Publication Archive	Submit Research Paper Track Submission Status Publication Guidelines Publication Ethics Peer Review & Plagiarism	Join as a Reviewer Editors & Reviewers Reviewer Referral Program Get Reviewer Membership Certi.	Website/Journal Policies Usage Policy Content Policies Privacy Policy

Contact Us		+91-9898-5948-55	editor@ijfmr.com

International Journal For Multidisciplinary Research