E-commerce is becoming the key to success. The internet usage has made the world really small and through the same business transactions are conducted globally at a faster pace. There is great scope for India as far as internet banking is concerned since the past records in regard to Internet usage in India have been quite optimistic. India’s strength also lies in its untapped market which is the real potential. As we know that with the help of large pool of English speaking and computer literate professionals, competitive telecommunication prices etc India has a great scope for the IT enabled services and is ahead of many countries in being the Hub for IT.
Under e-Commerce the Online Banking services segment in India is on an all time high. Even the Government of India has taken steps over past few years to create an environment which is important for the growth of e-Commerce in India. India is on the threshold of emerging as a key player in global electronic commerce especially in terms of third largest reservoir of technical human resource.
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