We understand your world

Prepared by: Rahul Mandloi

Aziz Bhatia

This is a directbanking because thecustomer get any services on the spot

This is a online bankingbecause the customerget services from manydistance

This is a wireless orPDA (personal digitalassistance) bankingbecause in this type nowire is connected andcustomer get services atany where and when he wants.

TYPES OF BANKING…

TYPES OF E-BANKING…TYPES OF E-BANKING…

Internet Banking Electronic BankingMobile Banking

Electronic Banking…Electronic Banking…

E-Banking is combination of two, electronic technology and banking.

It is a process by which a customer performs banking transactions electronically without visiting brick and morter institutions.

It is also called online and internet banking.

E-Banking is delivery of banking services to the customer through the use of electronic communication primarily with the internet.

Indian E-Banking scenario…Indian E-Banking scenario…

Opening up of economy in 1991 marked the entry of foreign banks. They brought new technology with them.

ICICI bank kicked off online banking in 1996.

Cost comes down from $ 1.1. to $ 0.27

Products and Services of E-BankingProducts and Services of E-Banking

Products

ATMs Debit Cards Credit Cards

Services

RTGS Bill payment Service Fund Transfer Railway Pass Recharging prepaid

phones Shopping Online movie tickets Mutual fund

About HDFC…About HDFC… Incorporated in the year of 1994 by HDFC Ltd. India's premier housing finance company.

It was among the first companies to receive an 'in principle' approval from the RBI to set up a bank in the private sector.

The Bank commenced its operations as a Scheduled Commercial Bank in January 1995.

Authorized share capital is 550 crore.

Its branches are 1725 in india and has a network of 4393 ATM’s across india

Mergers & Amalgamations…Mergers & Amalgamations…

2000 Times bank limited merged

with HDFC bank

2008 HDFC acquired Centurian

Bank of Punjab

Products & services…Products & services…

INDIAN BANKS RANKED BY DEPOSIT,2007INDIAN BANKS RANKED BY DEPOSIT,2007

Sr no. Name of the bankDeposits (in billion

INR) Deposits (2012) 1 STATE BANK OF INDIA 4355 104362 ICICI BANK 2305 25553 CANARA 1423 32714 PUNJAB NATIONAL BANK 1398 37965 BANK OF BARODA 1249 38496 BANK OF INDIA 1198 31827 UNION BANK OF INDIA 8518 CENTRAL BANK OF INDIA 8279 SYNDICATE BANK 78610 INDIAN OVERSEAS BANK 68711 HDFC 682 2086 (8TH)12 UCO 648

13ORIENTAL BANK OF COMMERCE 639

14 ALLAHABAD BANK 59515 AXIX BANK 587 2201

RBI regulationsRBI regulations

Technology and security issuesLegal issues Regulatory and supervisory issues.

Survey by IAMAISurvey by IAMAI

75% - Debit cards65% - Credit cards86% - ATM cards

6536- Sample size,2005

INDIAN INTERET USER GROWTHINDIAN INTERET USER GROWTH

Benefits of online bankingBenefits of online banking

Speeded up responses timeImproved quality of servicesFlexibilitySecurity

What Do We Have to AchieveWhat Do We Have to Achieve

16 / 99

Authenticationno spoofing

Data Integrityno data alteration

Non-repudiationno claiming

of user action

Privacyno eavesdropping

Authorization

Why Security?Why Security?

Computer-based businessesAdvances in technologyInternet crimesSeptember 11th attacksCyber-terrorismInternet banking

UNAUTHORISED ACTIVITY INCIDENTSUNAUTHORISED ACTIVITY INCIDENTS

One-way SecurityOne-way Security

Secure Socket Layer (SSL)Safeguarding Online PurchasesFeel secureEncrypts data between the client and the

server by making a direct connectionClient sends an encrypted key to the

serverServer decrypts and returns to the client

SSL lock SSL lock

Click the icon, or double-click (varies by browser), and examine the security information displayed about the web site.

Two-Way SecurityTwo-Way Security

Public Key Infrastructure (PKI)

Insures privacy for both online company and online bank customer

Enables users to securely exchange data and money through public network

THANK YOU