Axe is lovelyTake the step for the private sector banks, more and more changes
Are taking the part into it. And there are create competition between
The private sector banks and public sector bank.
Private sector banks are today used the latest technology for the
Different transaction of day to day banking life. As we know that
Information Technology plays the vital role in the each and every
Industries and gives the optimum returns from the limited resources.
Banks are service industries and today IT gives the innovative
Technology application to Banking industries. HDFC BANK is the
Leader in the industries and today IT and HDFC BANK together
Combined they reached the sky. New technology changed the mind of
The customers and changed the queue concept from the history
Banking transaction. Today there are different channels are available
For the banking transactions.
We can see that the how technology gives the best results in the
Below diagram. There are drastically changes seen in the use of
Internet banking, in a year 2001 (2%) and in the year 2008 (25%).
This type of technology gives the freedom to retail customers.
Centralized Processing Units
Derived Economies of Scale
Electronic Straight Through Processing
Reduced Transaction Cost
Data Warehousing , CRM
Improve cost efficiency, Cross sell
Innovative Technology Application
Provide new or superior products
HDFC BANK is the very consistent player in the new private sector
Banks. New private sector banks to withstand the competition from
Public sector ban ...