a. The development of technology has completely changed all the sectors, especially the banks. E-banking stands for electronic banking.

b. It is a service provided by banks and financial institutions that allows a customer to conduct the banking transactions over the internet using a personal computer, telephone or mobile phone.

c. The different services offered by e-banking are Electronic Fund Transfer, TATM, Point of Sales, etc.

The advantages of e-banking are :

a. It provides 24 hours service throughout the year.

b. The customer can easily make a transaction from the comfort of their home or even while traveling.

c. It improves financial discipline by recording every transaction.

d. The customer has less risk and greater security which is not limited to the walls of the banks.

e. It provides a competitive advantage to the bank.

f. The load on branches is reduced by establishing a centralized database and by taking over some of the accounting functions.

g. It provides an unlimited network to the banks.