‘Core Banking and its Security Issues with Special Reference to SBI’

anil trimbakrao gaikwad

Abstract


The Technology in banking is the need of the present day banking operations are increasing day by day and banking discipline with proper control over banking operations will definitely help the country to grow financially sound over a next decade. Core banking is the term of utmost importance to the banks in the current market scenario. The Authors have studied the need for core banking facility to the customers and also highlighted the security issues with special reference to State Bank of India .

 

In the present scenario the banking processes are mainly dependent on the technology used to handle the process and banking activities. The technological changes in the banking industry are considerably changed over a period of time and it has affected a lot on the stake holders of the bank in India.  Banks have been improved drastically with respect to banking services. The paper traces on the ore banking technology and its implementation with respect to SBI and how the security issues will be handled to safe guard the deposits and valuable kept with the bank in this current environment of the computerization. It will also highlight the threats in the Banking industry to avoid the financial looses of the banking system. It also explains various applications of the core banking with respect to branch operations.

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ISSN : 2251-1563