The banking section will navigate through all the aspects of the Banking System in India. The banker of all banks, Reserve Bank of India (RBI), the Indian Banks Association (IBA) and top 20 banks like IDBI, HSBC, ICICI, ABN AMRO, etc. has been well defined under three separate heads with one page dedicated to each bank. Government took major step in the 1969 to put the banking sector into systems and it nationalized 14 private banks in the mentioned year. The last but not the least explains about the scheduled and unscheduled banks in India.

As use of the Internet continues to expand, more banks and thrifts are using the Web to offer products and services or otherwise enhance communications with consumers. The Internet offers the potential for safe, convenient new ways to shop for financial services and conduct banking business, any day, any time. There are few tips to help you if you are thinking about or already using safe online banking systems. Confirm that an online bank is legitimate and that your deposits are insured, Keep your personal information private and secure, and understand your rights as a consumer.

Convenience, time savings and around-the-clock access to account information are the top three reasons why more consumers are turning to online banking. Customers view online banking convenient as a routine part of their daily lives. These consumers value ease of use and educational features that enhance the online experience. However, baby boomers — often with more complex banking needs — view security as the primary factor in adopting online banking. Customers can also help reduce the chance of fraud by using online access to account information through the mails. Overall, when consumers were asked, “What prompted you to start banking online?” 64% cited 24-hour access to their accounts, 54% noted convenience and 48% answered that online banking saved time.