Technological advancements in computational science and their impact on digital banking: The case of Indian banking system
By: Banerjee, Anita and Chatterjee, Shankar
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Material type: 
BookPublisher: South Asian Journal of Socio-Political Studies Description: 24(2), Jan-Jun, 2024: p.104-108.
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South Asian Journal of Socio-Political StudiesSummary: The banks are the economic lifeline of a country as it creates ‘Multiplier Effects’ in the economy, so a sound banking system is sine-qua non so that customers do not suffer. To ensure a robust banking system and provide seamless services to customers, digitalization has become a key strategy. This article delves into the evolution of Digital Banking Units (DBUs) in India, innovative digital banking systems, and their implications. With a focus on the Indian banking sector, this study examines the State Bank of India's Customer Service Point (CSP) initiative as a case study and secondary data to offer insights into the transformation of the Indian banking landscape. The article is based on case studies from the Samastipur district of Bihar, India. The article suggests extending digital banking coverage to underbanked regions and other countries within the BIMSTEC group.- Reproduced
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| Item type | Current location | Call number | Vol info | Status | Date due | Barcode |
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Articles
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Indian Institute of Public Administration | 24(2), Jan-Jun, 2024: p.104-108 | Available | AR132640 |
The banks are the economic lifeline of a country as it creates ‘Multiplier Effects’ in the economy, so a sound banking system is sine-qua non so that customers do not suffer. To ensure a robust banking system and provide seamless services to customers, digitalization has become a key strategy. This article delves into the evolution of Digital Banking Units (DBUs) in India, innovative digital banking systems, and their implications. With a focus on the Indian banking sector, this study examines the State Bank of India's Customer Service Point (CSP) initiative as a case study and secondary data to offer insights into the transformation of the Indian banking landscape. The article is based on case studies from the Samastipur district of Bihar, India. The article suggests extending digital banking coverage to underbanked regions and other countries within the BIMSTEC group.- Reproduced
https://sajospsglobal.com/current.html
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