*Assistant Professor, Department of Commerce, SRI A.B.R Government Degree College, Repalle, Guntur, AP
Online published on 5 April, 2018.
This seminar paper mainly focuses on the state of post reforms and present role of banking sector in a globalization scenario and also study the Role of information technology and its impact on banking sector in India. The progress of banking reforms since 1991 has been impressive. The RBI made substantial progress in modifying the policy framework for reforms. New initiatives were taken to strengthen the supervisory system for banks by moving towards consolidated supervision and also towards risk-based supervision. For this purpose the seminar paper reveals on Technology upgradation, Impact of information technology on service quality, Impact of information technology on human resources, Applications of information technology in banks, Current trends in information technology on banking sector, use of social media etc. it concludes that there is a prominent role for information technology tools for systematic and effective functioning of banking sector and relevant financial institutions forever evergreen in a components of a globalization scenario.
