Recent trends in E- banking

Rapid changes that occur in banking and IT, in particular, in recent years, have revolutionized the way in which the banks deliver services and products to the clients. All the banks try to come up with solutions as fast as possible in order to help customers in conducting their activities. E-banking has some special characteristics resulted in changing risks consideration of traditional banking activities. This paper mainly focuses on Development of e-banking, Role of RBI on E-banking, Problems of e-banking, recent trends in e-banking and impact of e-banking have been analyzed. It concludes that Fundamentals of banking/e-banking may remain same, but the manner in which we receive/perceive “the value” is undergone a sea change where IT enabled services is affectively used.