 The innovations in the banking field mainly depends upon rapid growth

in the technology.

 The banking industry has became one of the developed service sector
industry in India.

 Information technology is one of the most important facilitators for the

transformation of the Indian banking industry in terms of its transactions
processing as well as for various other internal systems and process.
 ESTABLISHMENT OF BANKS IN INDIA
June 2, 1806:The Bank of Calcutta April 15, 1840: Bank of Bombay

1861: Paper
Currency
Act passed.

1955 taken over by

July 1, 1843: Bank of Madras
State Bank of India (SBI)

January 27, 1921 -

Imperial Bank of India
Structure of Banking Sector in India
FUNCTIONS OF BANKING
Money transfer happens
in real time and directly
through the banking
system
 ELECTRONIC DATA INTERCHANGE (EDI)
ELECTRONIC CLEARING
SYSTEM(ECS)

FOREIGN DIRECT
INVESTMENT (FDI)
Money is aggregated in
clusters for
reconciliation and
settlement
• Research designed to assist the decision maker in
determining, evaluating and selecting the best course
of action to take in a given situation.

• Descriptive studies are usually the best methods for

collecting information that will demonstrate
relationships and describe the world as it exists.

• Descriptive studies are designed primarily to

describe what is going or what exist.
Benefits of emerging trends in Banking Industry
Anywhere, Anyplace and Anytime banking
Offering one-stop-shop solutions
Timeless and Placeless Banking
Convenience Banking
Easy transaction Convenience 24 hours a day, seven days a week
Very convenient, Secured
Efficient and Effective
Cost Reducing transfer fees
Communicate easily
Abolishing the uses of paper
Easy way of payment
Goodbye to Traditional Instruments and Invitation to New
Instruments.
The banking sector in India has became stronger in terms of capital and the
number of customers.

It has became globally competitive and diverse aiming, at higher productivity

and efficiency

Exposure to world wide and deregulation in Indian financial sector has lead to
the emergence of better quality of products and services. Reforms have changed
the face of Indian banking industries.

“With new opportunities unfolding banking sector india is

emerging as a global power in banking services within a
short period”
 BIBLIOGRAPHY
•Books:
•K C Shekhar, Lekshmy Shekhar, (2011), Banking Theory and practice, 20th Edition,
Vikas publishing house pvt. Ltd.

•Aditi Kale & Bharti Kumar, (2014), Business Research Methods, Revised Edition,
Thakur Publications.

•Websites:
•http://www.investopidia.com
•http://www.slidworld.com
•https://en.wikipedia.org/wiki/
•http://www.economictimes.com
•http://www.atozinbanking.com/
•http://www.bankingawareness.com/
•http://www.jagoinvestor.com/2012/10/best-bank-in-indiareview.html