Summary
Contents
Subject index
The Second Edition of E-Finance exhorts the Indian banking industry to use their post-crisis advantages like safe business practices, technology competence, and lower costs to attract business from overseas customers. V.C. Joshi considers not only the planning aspect, but also the process of e-banking. He discusses the internet business model that banks can adhere to and examines the working of e-banking, e-insurance, e-broking, and the development of alternate systems of trading in areas like treasuries and foreign exchange. The security aspects are discussed exhaustively and the author highlights the difficulties in enforcing claims through the judicial. The book is enriched with many recent examples.
Websites
Websites
During the last few years the financial services industry in India has taken giant strides in making internet facilities available to their clients. A major part in attracting clients is played by the websites which are the entry points. Generally speaking, after the introduction of websites there is a tendency to wait and hope for the customers to start using it. It is looked on as a permanent fixture. This approach has to undergo a radical change. The websites should be looked at as gateways to induce the new customers to avail of banks' services. This line of approach is being advocated as a number of financial institutions including even the Islamic banks have made claims about the soundness of their systems.
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