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- Some commercial banks in Odisha offer e-banking services
Some commercial banks in Odisha offer e-banking services
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Technology has revolutionized the banking system in developed and developing
countries, making it impossible without technological advancement. Technology plays a
crucial role in improving and sustaining the quality of services provided by service
providers. Banking in India originated in the eighteenth century, with primary banks
such as the General Bank of India and Bank of Hindustan starting in 1786 and 1770
respectively. Banks settle for deposits from the general public as well as from
businessmen, and businesses have E-BANKING services of selected commercial banks
in India. Businessmen keep their earnings from sales safely deposited in banks to fulfil
their expenses from time to time. Banking in traditional sense is that the business of
banking is the business of saving money for future.
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