USE OF ONLINE BANKING IN BUSINESS WITH SPECIAL REFERENCE TO MARIANI TOWN OF JORHAT DISTRICT
Abstract
The past two decades have witnessed a significant shift in banking practice and operation towards online banking. Online banking has experienced explosive growth in many countries and has transformed traditional banking practice. This innovation in banking sector has brought a change in the business society also. The business firms which in past faced the disadvantages of traditional banking like standing in queue, inconvenience etc have now been relaxed with the adoption of online banking, and it has given them the opportunity to expand their business and carry out their business financial transactions more efficiently and conveniently. Worse still, there has been a low adoption level among consumers and its usage has not really brought any significant change in business relationship between the banks and their customers.
References
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