UGC Approved Journal no 63975(19)

ISSN: 2349-5162 | ESTD Year : 2014
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Published in:

Volume 5 Issue 10
October-2018
eISSN: 2349-5162

UGC and ISSN approved 7.95 impact factor UGC Approved Journal no 63975

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Published Paper ID:
JETIRG006024


Registration ID:
189019

Page Number

191-201

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Title

A Study on Impact of Demonetization on E-Banking in India

Abstract

Demonetization had been implemented by India two times prior to this i.e. in 1946, 1978, and 2016. Success of demonetization depends on its implementation. For effective implementation banks play a strategic and vital role. During the 2016 demonetization Indian Banks faced numerous problem right from physical cash crunch at the outright and many more problem of very less withdrawal limits, insufficient withdrawal points etc. this led to heavy crowd in banks and ATMs leading to outrage of common people. This paved way indirectly to E-Banking system. Many started to transact on E-Banking system like NEFT, RTGS, and so on. On the other hand, GOI also encourage online banking transactions as a part of Digital India concept. This study tries to analyse the impact of demonetization on E-Banking system in the long-run. Banks are core part of any economy for channelizing the money to the smooth functioning of different sectors and the key contributors to the overall economic growth of any country. Now a day, bank services are catered at the finger tip of customers. Efforts are made in this paper to analyse the role of E-Banking pre and post demonetization. The paper also makes an attempt to analyse the importance, growth and implication of E-Banking after demonetization.

Key Words

Per-Demonetization, P Online-Banking, Digital Economy.

Cite This Article

"A Study on Impact of Demonetization on E-Banking in India", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.5, Issue 10, page no.191-201, October-2018, Available :http://www.jetir.org/papers/JETIRG006024.pdf

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2349-5162 | Impact Factor 7.95 Calculate by Google Scholar

An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 7.95 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator

Cite This Article

"A Study on Impact of Demonetization on E-Banking in India", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.5, Issue 10, page no. pp191-201, October-2018, Available at : http://www.jetir.org/papers/JETIRG006024.pdf

Publication Details

Published Paper ID: JETIRG006024
Registration ID: 189019
Published In: Volume 5 | Issue 10 | Year October-2018
DOI (Digital Object Identifier):
Page No: 191-201
Country: Mandya, Karnataka, India .
Area: Commerce
ISSN Number: 2349-5162
Publisher: IJ Publication


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