IJSSER

Title: TECHNOLOGY IN BANKING SECTOR - BOON OR BANE FOR PEOPLE
Authors: Yarram Reddy Poorvika, M.S. Siranjeevi
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Yarram Reddy Poorvika, M.S. Siranjeevi Saveetha School of Management, University in Chennai, Tamil Nadu
MLA 8 Poorvika, Yarram Reddy, and M.S. Siranjeevi. "TECHNOLOGY IN BANKING SECTOR - BOON OR BANE FOR PEOPLE." Int. j. of Social Science and Economic Research, vol. 3, no. 10, Oct. 2018, pp. 5561-5566, ijsser.org/more2018.php?id=388. Accessed Oct. 2018. APA Poorvika, Y., & Siranjeevi, M. (2018, October). TECHNOLOGY IN BANKING SECTOR - BOON OR BANE FOR PEOPLE. Int. j. of Social Science and Economic Research, 3(10), 5561-5566. Retrieved from ijsser.org/more2018.php?id=388 Chicago Poorvika, Yarram Reddy, and M.S. Siranjeevi. "TECHNOLOGY IN BANKING SECTOR - BOON OR BANE FOR PEOPLE." Int. j. of Social Science and Economic Research 3, no. 10 (October 2018), 5561-5566. Accessed October, 2018. ijsser.org/more2018.php?id=388.
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Abstract: Technology is playing a vital in all sectors now a days. It is mostly being used in banking sectors. Implementation of internet banking, ATM's, CDM,s, Online transactions, banking apps have paved a new way in banking sectors. It is helping both banks and people. Transactions became easy, quick and accurate with help of technology. All business organizations, firms, employees and all sections of people are using technology for their day to day transactions. Before implementation of technology, even a small transaction takes lots of time as, people are unawareness of banking apps. This article provides, details regarding advantages and disadvantages of technology in banking sector. And it also provides suggestions for drawbacks of banks in using technology.

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