International Journal of Social and Economic Research
  • Year: 2019
  • Volume: 9
  • Issue: 3

Digital banking: Pros and cons with special reference to Udupi region

  • Author:
  • Meenakshi Acharya1, R Shetty Prathima2, Sowmya Shetty3
  • Total Page Count: 8
  • Published Online: Sep 1, 2019
  • Page Number: 386 to 393

1Dept of Commerce and Management, Poornaprjna College, UDUPI

2Dept of Commerce and Management, Poornaprjna College, UDUPI

3Dept of Commerce and Management, Poornaprjna College, UDUPI

Abstract

Digital Banking is a part of online banking. It is a booming industry in India in current century. Banking is a inevitable financial institution which is seen from many centuries in the world map. Banking is an institution which carries out financial transactions through the institution's website. Online banking tries to connect people to institution in a faster and effective manner. Banking with digital touch made things better to the end user. Some banks currently operate direct bank (Virtual Bank) where they barely completely on internet banking. This paper tried to cover how digital banking is been absorbed by the individual and how they have received it and how much it is becoming part and parcel of individual's life.