2025, Vol. 6, Special Issue 3

In India, today the banking sector has developed a lot. In the development of banking sector technological development plays very major role. Due to changing trends in technology the banking sector becomes trendy and easily developing their working style. In India, banking sector is continuously growing. Ever since 1990s the banking sector has adopted remarkable changes. The transactions through IMPS, NEFT, RTGS, ATMs, online trading are increased at highest number of scales.

Over the next decade, the banking sector is projected to create up to five million new job, the Government of India to incorporate financial services into rural areas. It also concentrates for developing the modern technology instead of traditional methods. Recently each and every type of banks uses modern technology for the banking system.