• VENKATESH S
• PRAKASH S

This study examines the impact of innovation (technological) factors on the performance of banks. The term innovation refers to “performing an existence process /task/ an activity in a new way”. Banking industry is one of the fastest growing industries in India. Banks in India have no longer restricted themselves to traditional banking activities but explored newer avenues to increase business and capture new market. The banking sector in India has seen number of changes. The innovation factors include internet banking, mobile banking, automated teller machine, RTGS, NEFT, SMS banking and Cheque. The internet banking has positive impact with public. Everywhere in the banking sector innovation is the buzzword and technological breakthrough is witnessing new avenues of success. Competition is compelling everyone to move ahead and faster. Due to the innovative nature of electronic banking services will show the bank performance significantly. The banking sector plays a n important role in the development of one country’s economy.

Innovations, Development, Mobile Banking, Internet Banking, ATMs.

"IMPACT OF INNOVATION IN BANKING SECTOR", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.9, Issue 11, page no.e79-e82, November-2022, Available :http://www.jetir.org/papers/JETIR2211421.pdf

"IMPACT OF INNOVATION IN BANKING SECTOR", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.9, Issue 11, page no. ppe79-e82, November-2022, Available at : http://www.jetir.org/papers/JETIR2211421.pdf