RESEARCH METHODOLOGY

To accomplish the above objective of the study, the following research methodology is proposed:

a) Research design
The research design for the study will be descriptive as well as analytical because it will be carried out will specific objectives and utilizes the large number of data of the public, private, foreign sectors banks.

b) Sample
For attaining different objectives, the following banks will be taken for the study purpose:

c) Duration of the study

For the purpose of analysis of data, a period of last two financial year starts from 2009-2010 & 2010-2011 will be taken in to consideration.

d) Sample Data
The relevant data will be collected from secondary sources comprises of published reports like reports on trend and progress of banking in India, various reputed Journals and Magazines, Web Sites, periodicals, Newspapers and Annual Reports published by Banks.

e) Statistical Tools
For the data analysis T-Test will be used.

f) Analysis:

REVIEW OF LITERATURE
In the view of last seven years research studies conducted so far on Electronic Financial Reporting In banking industry A Comparative Study Of Public, private And Foreign sectors banks:
Luciana Spica Almilia (2009), Determining Factors Of Internet Financial Reporting In Indonesia The purpose of this study is to measure the quality of Internet Financial Reporting of public firms on the Jakarta Stock Exchange. An index was developed to measure overall internet reporting. In addition, financial variables that affect Internet Financial Reporting (IFR) among Indonesia Stock Exchange companies are identified. The findings show that the nature of IFR disclosure varies considerably across the sample firms. Firm size and return on equity are identified as determining factors of internet financial reporting in Indonesia. Rafiu Oyesola Salawu (2009), Financial Reporting on the Internet by Quoted Companies in Nigeria This study examines the status of financial reporting on the internet by the Nigerian listed companies. Secondary data were sourced from the websites of the sample companies. The descriptive analysis was used to analyze the data obtained. The sample consists of 220 companies listed on the Nigerian Stock Exchange. Among the 220 companies, 62(28.2%) are financial companies while 158(71.2%) are non-financial companies. The study shows that, 119 (54.1%) companies have official website while 101 (45.9%) do not have an official website. Furthermore, 31(14.1%) companies publish their financial information on-line while 189 (85.9%) do not publish their financial information on-line. Also, 21 (9.5%) publish their information using Portable Document File (PDF) format while 10 (4.5%) publish theirs using Hyper Text Markup Language (HTML) format. Shirley Hunter & L. Murphy Smith (2008), IMPACT OF INTERNET FINANCIAL REPORTING ON EMERGING MARKETS, This study offers empirical evidence of the longitudinal effects of Internet technology i.e., timely dissemination of financial information, on emerging markets. The analysis reveals positive dispersions in market price and volume around the event dates. Market performance of securities listed on emerging market stock exchanges does improve after commercialization of the Internet.

Kamarul Baraini Keliwon, Dr. Zakiah Muhammaddun Mohamed (2007), Internet Financial Reporting Disclosure Strategy This study aims to investigate internet financial reporting (IFR) disclosure strategy used by public listed companies which engage in IFR. This study reveals that even though firms are in same industry, they employ different types of IFR disclosure strategy. Ivica Pervan (2006), Voluntary Financial Reporting On The Internet Analysis Of The Practice Of Croatian And Slovene Listed Joint Stock Companies An investigation into Internet financial reporting carried out in June 2005 that focused on stock-market listed Croatian and Slovene joint-stock companies has two basic aspects, comparative and explanatory. The comparative aspect of the research showed that Slovene corporations have a statistically significant higher level of financial reporting (as measured with IFR score). The average IFR score for 55 corporate entities from Croatia came to just 6.85, while the average IFR score for 30 Slovene firms was 17.63. Muther Talal Momany and Salah Al-Dain Al-Shorman (2006), Web-Based Voluntary Financial Reporting of Jordanian Companies This paper investigates the extent of financial reporting on the internet of the Jordanian companies listed in the first market on Amman Stock Exchange (ASE) for the year 2004. This issue is motivated by the growing concern with internet as a medium to disseminate financial information from regulatory bodies e.g. IAS. After surveying the internet and the companies' websites, the researchers find that about (45%) of companies have websites. While (70%) of the websites companies report financial information, only (30%) dont report any financial information. Marston, C. and Polei, A. (2004) "Corporate reporting on the Internet by German companies" Marston and Polei investigated the use of the Internet for financial information disclosure by German companies in 2000 and 2003 and identified factors influencing financial disclosure on the Internet. They found that company size was the only variable explaining financial disclosure on the Internet for those two years. Foreign listing was only associated with the level of disclosure in 2003, and free float appeared to be the only variable related to the level of disclosure in 2000. Profitability was not significant.

References:
1. Luciana Spica Almilia (2009), Determining Factors Of Internet Financial Reporting In Indonesia ACCOUNTING & TAXATION, Volume 1, Number 1, 2009 2. Rafiu Oyesola Salawu (2009), Financial Reporting on the Internet by Quoted Companies in Nigeria, Proceedings of the 10th Annual Conference 2009 IAABD 3. Shirley Hunter & L. Murphy Smith (2008), IMPACT OF INTERNET FINANCIAL REPORTING ON EMERGING MARKETS, http://ssrn.com/abstract=1017078 4. Kamarul Baraini Keliwon, Dr. Zakiah Muhammaddun Mohamed (2007), In ternet Financial Reporting Disclosure Strategy http://www.globalresearch.com.my/

Main/papers/icber/ PAPER_188_FinancialReporting.pdf 5. Ivica Pervan (2006), Voluntary Financial Reporting On The Internet Analysis Of The Practice Of Croatian And Slovene Listed Joint Stock Companies, Journal of Financial Theory and Practices, Vol. 29, 2006 6. Muther Talal Momany and Salah Al-Dain Al-Shorman (2006), Web-Based Voluntary Financial Reporting of Jordanian Companies, International Review of Business Research Papers Vol. 2 No. 2 October 2006, Pp. 127 - 139 7. Marston, C. and Polei, A., "Corporate reporting on the Internet by German companies", International Journal of Accounting Information Systems, Vol. 5 (3), 2004, 285-311.

Bibliography
Journals: 1. Journal of Online Accountancy 2. The Journal of Financial Information Systems 3. Journal of Corporate Accounting & Finance 4. Journal of Accounting and Economics 5. Journal of International Financial Management & Accountancy 6. International Journal of Accounting Information Systems 7. International Journal of Commerce and Management 8. Working Paper Series

Websites: 1. www.ssrn.com 2. http://www.sciencedirect.com 3. http://www .moneycontrol.com/news/feature/financial-reporting-the-xbrlway_536098.html.com 4. www.internatworldstate.com

5. www.en.wikipedia.org