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Report on Internet Banking Chapter-1- Introduction Chapter ...

Report on Internet Banking Chapter -1- Introduction Chapter -2- Internet Banking - a new medium Chapter -3 - International experience Chapter -4 -The Indian Scenario Chapter - 5- Types of risks associated with Internet Banking Chapter - 6- Technology and Security Standards For Internet Banking Chapter -7 - Legal Issues involved in Internet Banking Chapter - 8- Regulatory and supervisory concerns Chapter -9 - Recommendations Annexure-1. Annexure -2. Annexure-3. Annexure-4. Annexure-5. Chapter 1 Introduction Background Banks have traditionally been in the forefront of harnessing technology to improve their products, services and efficiency. They have, over a long time, been using electronic and telecommunication networks for delivering a wide range of value added products and services. The delivery channels include direct dial up connections, private networks, public networks etc and the devices include telephone, Personal Computers including the Automated Teller Machines, etc.

transfer; linkages between i-banking and e-commerce 6. Any other matter, which the Working Group may think as of relevance to Internet banking in India. 1.3. Approach of the Group: 1.3.1 The first meeting of the Working Group was held on July 19, 2000. It was decided that members of both Working Group and Operational Group would participate in all

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