A PROJECT REPORT ON INDIAN BANKING IN THE WAKE OF I.T.

REVOLUTION

SUBMITTED BY MARAR ABILASH BALACHANDRAN THIRD YEAR BACHELOR OF COMMERCE BANKING AND INSURANCE SEMESTER V 2012-2013

MODEL COLLEGE DOMBIVLI (EAST)

UNIVERSITY OF MUMBAI OCTOBER 2012

A PROJECT REPORT ON INDIAN BANKING IN THE WAKE OF I.T. REVOLUTION

SUBMITTED TO THE UNIVERSITY OF MUMBAI IN PARTIAL FULFILLMENT FOR THE AWARD OF THE DEGREE OF BACHELOR OF COMMERCE BANKING AND INSURANCE SEMESTER V

BY MARAR ABILASH BALACHANDRAN MODEL COLLEGE, DOMBIVLI ( EAST)

UNIVERSITY OF MUMBAI OCTOBER 2012

TABLE OF CONTENT
SERIAL NO. 1. 2. 3. 4. DESCRIPTION CERTIFICATE DECLARATION ACKNOWLEDGEMENT LIST OF ABBREVIATIONS 5. CHAPTER-1 INTRODUCTION 6. CHAPTER-2 PROFILE OF IDBI BANK 7. CHAPTER-3 INDIAN BANKING IN THE WAKE OF I.T. REVOLUTION THEORETICAL VIEW 8. CHAPTER-4 INDIAN BANKING IN THE WAKE OF I.T. REVOLUTION REPORT ANALYSIS 23-39 9-22 4-8 1-3 PAGE NO. (i) (ii) (iii) (iv)

9.

CHAPTER-5 CONCLUSION

40-42

10.

BIBLIOGRAPHY

(v)

DECLARATION

I, MARAR ABILASH BALACHANDRAN, STUDENT OF COMMERCE, BANKING AND INSURANCE,

BACHELOR OF OF

SEMESTER-V

KERALEEYA SAMAJAMs MODEL COLLEGE, DOMBIVLI HEREBY DECLARE THAT I HAVE COMPLETED THE PROJECT ON INDIAN BANKING IN THE WAKE OF I.T. REVOLUTION FOR THE ACADEMIC YEAR 2012-2013.

THE INFORMATION SUBMITTED IS TRUE AND ORIGINAL TO THE BEST OF MY KNOWLEDGE.

MARAR ABILASH BALACHANDRAN BACHELOR OF COMMERCE BANKING AND INSURANCE

ACKNOWLEDGEMENT

At the beginning, I would like to thank GOD for his shower of blessing. The desire of completing this project INDIAN BANKING IN THE WAKE OF I.T. REVOLUTION was given by my guide Mrs. Archana Nair. I am very much thankful to her for the guidance, support and for sparing her precious time from a busy schedule.

I would fail in my duty if I dont thank my parents who are pillars of my life. Finally I would express my gratitude to all those who directly and indirectly helped me in completing this project.

MARAR ABILASH BALACHANDRAN

LIST OF ABBREVIATIONS: IDBIL RBI UCX IBA ALPM EFT RTGS NEFT MICR AIBEM NCBE LCG ICG TIN NRI NRE NRO DIFC DFSA DCC ME MSME MSE LUCC MCC SA IDRBT Industrial Development Bank Of Indian Limited Reserve Bank Of India Universal Commodity Exchange Indian Bankers Association Advance Ledger Posting Machines Electronic Fund Transfer Real Time Gross Settlement National Electronic Fund Transfer Magnetic Ink Character Recognition All India Bank Employees Association National Confederation Of Banking Employee Large Corporate Group Infrastructure Corporate Group Telephone Identification Number Non-resident Indian Non-resident External Non-resident Ordinary Dubai International Financial Centre Dubai Financial Services Authority Dynamic Currency Conversion Merchant Acquiring Micro, Small and Medium Enterprises Micro and Small Enterprises Laghu Udhyami Credit Cards Mid Corporate Group Savings Account Institute for Development and Research in Banking Technology

BIBLIOGRAPHY:
INDIAN BANKING INDUSTRY AND INFORMATION TECHNOLOGY BY R. K. UPPAL, 2006. CHANGING SCENARIO OF INDIAN BANKING BY R. K

WEBLIOGRAPHY:
www.google.com/ www.wikipedia.com/ INDIAN BANKING HISTORY/ www. idbibank.com IDBI BANK

CHAPTER 1 INTRODUCTION

CHAPTER 2 PROFILE OF IDBI BANK

CHAPTER 3 INDIAN BANKING IN THE WAKE OF I.T. REVOLUTION THEORETICAL VIEW OF BANKING INDIAN

CHAPTER-4 INDIAN BANKING IN THE WAKE OF I.T. REVOLUTION REPORT ANALYSIS

CHAPTER-5 CONCLUSION