IGNOU MSEP-28 Project – Security Measures Adopted by the IPSB for Implementation of E-Banking System

The financial services industry has recently been open to historic transformation. So -called e- developments are emerging and advancing rapidly in all areas of financial intermediation and financial markets: e-finance, e-money, E-banking, e-brokering, e-insurance, e-exchanges, and even e-supervision. The new information technology (IT) is turning into the most important factor in the future development of banking, influencing banks ‘marketing and business strategies. The driving forces behind the rapid transformation of banks are influential changes in the economic environment: innovations in information technology, innovations in financial products, liberalization and consolidation of financial markets, deregulation of financial inter- mediation etc.

Objectives

• The following objectives are formulated for the proposed study:
• To review the progress of E-banking in India.
• To evaluate the difficulties faced by Indian banks to create infrastructure for E-banking in India.
• To study the security measures undertaken by Indian banks for the safety of E-banking.
• To understand the bank costumers ‘perception regarding security measures.

Topic Covered

• Introduction
• Review of Related Literature
• Research Methodology
• Data Analysis and Interpretations
• Summary, Conclusions and Suggestion
• Bibliography
• Appendix- Questionnaire