• Dr.K.Rajarajeswari

A bank is a financial institution that accepts deposits from the public and creates credit. ... In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards.As banks adapt to market changes and new technology landscapes, cloud computing is playing a major role, providing alternative ways to access to core banking technology.The spiralling costs of deploying and maintaining complex in-house legacy systems, along with the need to keep up with consumer expectations, are leading banks to increasingly demand innovative, flexible and cost-effective deployment models for their banking solutions.Cloud offers a scalable, manageable technology model that reduces IT hardware, maintenance and development costs, which makes it the ideal deployment choice for a Model Bank.Traditional banks are THE original banks that go way back in the history of the economy. They were the original financial intermediaries to offer checking accounts. They owned the big buildings with marble pillars outside and oodles of cash stashed in vaults inside. They had the word "Bank" in their titles. They were major players of the financial markets of the circular flow. They diverted household income into loans for business investment. In recent years, cloud computing has grown considerably and services offered increasingly better, this development will not stop. Expanded areas where most is the bank has expanded greatly in this area because it offered many advantages as a customer. The advantages are: cost saving, using cloud servers and applications and platforms made available instead of using personal servers and software purchased from specialty companies in banking will save a lot of money But unfortunately like any tool it has drawbacks, the most common drawback in cloud computing is security and downtime

Financial Institutions

"Traditional Banking Vs Cloud Banking", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.5, Issue 12, page no.27-30, December-2018, Available :http://www.jetir.org/papers/JETIRP006008.pdf

"Traditional Banking Vs Cloud Banking", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.5, Issue 12, page no. pp27-30, December-2018, Available at : http://www.jetir.org/papers/JETIRP006008.pdf