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Miscellaneous
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| Number of pages / Number of words: |
146 / 40864 |
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Some of these banks are known as ‘virtual’ banks or ‘Internet-only’ banks and may not have any physical presence in a country despite offering different banking services.
1.1.3 From the perspective of banking products and services being offered through delivered through an electronic communication backbone, viz, Internet...
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But, in the process it has thrown open issues which have ramifications beyond what a new delivery Internet, Internet banking is nothing more than traditional banking services channel would normally envisage and, hence, has compelled regulators world over to take note of this emerging channel. Some of the distinctive features of i-banking are:
1...
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