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ISSN Number:
2582-8568
Journal DOI No:
03.2021-11278686
Title:
Recent Development in Indian Banking Sector
Authors:
Cite this Article:
,
Recent Development in Indian Banking Sector , International Research Journal of Humanities and Interdisciplinary Studies (www.irjhis.com), ISSN : 2582-8568, Volume: 2, Issue: 11, Year: November 2021, Page No : 89-93,
Available at : http://irjhis.com/paper/IRJHIS2111015.pdf
Abstract:
It has been a challenging year for banks. Despite pressure from NPAs, banks operating Digital India, utilizing the latest technology and introducing a number of products and applications to improve customer functionality. With the number of mobile phones in the country exceeding one billion more than 30% of smart phones, banks are competing to provide customers with the best digital payment and other banking solutions anywhere, anytime. After the monetary campaign, the Government has been looking for a low-income community and banks have been supporting the development of digital banking efforts - POS machines, with the help of electronic media. Such types of Cashless Transaction; Net Banking, SMS Payment System Powered by Aadhar Supported Mobile Banking Cards, E-wallets etc. JAM strategy (Janadhan, Adhaar and Mobile).
Keywords:
monetary campaign, Cashless Transaction, Janadhan, Adhaar and Mobile
Publication Details:
Published Paper ID: IRJHIS2111015
Registration ID: 20482
Published In: Volume: 2, Issue: 11, Year: November 2021
Page No: 89-93
ISSN Number: 2582-8568
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