Tag Archives: DIGITAL TRANSACTIONS

DESTRUCTIVE TECHNOLOGY AND CHALLENGES IN BANKING – SHAKING BANKING SECTOR AND DIGITAL TRANSACTIONS

Ever since the nationalization of Banks in 1970, the banking sector was dominated by government Banks till early 90s.  The early banking was not a pleasant experience as happens now.  Customers have to stand in long que, need to fill in challans, and counter clerks need to calculate interest manually and apply in passbooks. The real revolution of Banking convenience occurred with the introduction of ATM cards.  When you visit an ATM you are able to perform almost every transaction that Read more [...]