International Research journal of Management Science and Technology

  ISSN 2250 - 1959 (online) ISSN 2348 - 9367 (Print) New DOI : 10.32804/IRJMST

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APPLICATION OF INFORMATION TECHNOLOGY IN INDIAN BANKING INDUSTRY

    1 Author(s):  MS. RANJANA HATWAR

Vol -  6, Issue- 5 ,         Page(s) : 101 - 106  (2015 ) DOI : https://doi.org/10.32804/IRJMST

Abstract

In todays era is bringing about an all-embracing convergence of computing, communications, information and knowledge. The growth of high speed networks, coupled with the falling cost of computing power, is making possible applications undreamed of in the past. Voice, data, images, and video may now be transferred around the world in micro-seconds. This explosion of technology is changing the banking industry from paper and branch banks to' digitized and networked banking services. IT deals with the use of electronic computers and computer software to convert, store, protect, process, transmit, and securely retrieve information. The paper details about the It and Indian banking industry.

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