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Abstract

E-banking is a generic term making use of electronic channels through telephone, mobile phones, internet etc. for delivery of banking services and products. The concept and scope of e-banking is still in the transitional stage especially in the rural areas. Adoption of the internet mode of banking would result in increased consumer awareness, attracts the entry of global majors in the market and would lead to the emergence of open standards in the banking industry. There are certain major issues regarding internet banking which must be addressed and proper mechanism should be established, so that we can have a very convenient banking system in the future in India.

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