Impact of Modern Banking Technology among Rural People in Tirunelveli District

  • Rifaya Meera M, Padmaja R, Vishwanath P, Kaleeswaran P

Abstract

The purpose of this study is to know about the impact of the modern banking technologies among the rural people in the study area. This paper unearths the modern banking technologies viz., mobile banking, internet banking, tele banking, National Electronic Fund Transfer and Real time Gross Settlement. It is essential to study about the modern banking technologies among the rural people so as to explore the usage of the banking products and services by those people through the electrical gadgets. Almost usage of internet and mobile phone is reaching the nook and corner of the world, hence the researcher intends to study whether such technological enhancement are adopted by the rural people in the study are or not. And these technologies augment the paperless transactions, thus plummet the manual transactions, which are available 24x7 anywhere by the way of having internet and a mobile phone.

Keywords-Modern Banking Technologies, Internet Banking, Mobile Banking, Tele Banking, ATM, RTGS, NEFT

Published
2019-12-11
Section
Articles