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What is Digital Transformation in Indian Banking about?

1. Digitalization has transformed the banking industry by allowing customers to bank online anywhere at any time through internet and mobile banking. This has provided customers with more convenient and efficient banking services. 2. The growth of internet banking beginning in the 1990s allowed banks to offer services like account access, funds transfer, bill payments online and reduce operating costs. However, online banking is not without risks like security issues and cannot replace in-person services

Author

ravneet

Language

EN