Effect of E-Banking on Traditional Banking

Internet banking has emerged as an important tool for achieving globalisation and innovation. Now banking is no longer restrained to bank branches where we have to go face to face and approach a bank for opening bank accounts, depositing of cash and withdrawing of money etc. E-banking is anywhere banking of making and processing online transactions anywhere and anytime by approaching from any corner of the world. This research paper will introduce you to e-banking, giving the meaning, functions, types, advantages and limitations of e-banking. It will also show the impact of e-banking on traditional services and finally the result documentation.