Summary |
Information technology has been the cornerstone of recent financial sector reforms aimed at increasing the speed and reliability of financial operations and of initiatives to strengthen the banking sector. It has been providing solution to banks to take care of their accounting and back office requirement. This has however now given way to large scale usage In services aimed at the customer of the banks. Information technology also facilitates the introduction of new delivery channels-in the form of automated Teller Machines, Net Banking and the like. The present book comprises diverse aspects of role of IT in Banking with vivid explanation.
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