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Business Intelligence Journal
PROGRESS OF BANKING IN INDIA: CUSTOMERS

PERSPECTIVES
January
Dr. Komal
Associatet Professor
Department of Business Administration
Sanskriti School of Business, Vadodara(Gujrat)
Email: komal29m@rediffmail.com
Dr. Vandna Rani
Assistant Professor
Department of Humanities
JMIT Radaur
Abstract
The present paper is concerned with the various ways of doing banking electronically. This paper has been divided into four sections
dealing with four aspects of E-banking i.e. ATM, Internet banking , Mobile banking and Credit cards. Paper is basically concerned with
the customer aspect of banking searching for customer satisfaction level. This is a comparative study of Public sector bankis, Private
sector Indian banks and Private sector foreign banks. Key words: E_Banking, ATM, Internet banking, Credit cards, Mobile banking,
Traditional banking, Credit frauds, Security, Competition, Customer satisfaction etc.
Banking has come a long way from the time of ledger

cards and other manual filing systems. Most of the banks
today have electronic systems to handle their daily
voluminous tasks of information retrieval, storage and
processing. Irrespective of whether they are automated
or not, banks by their nature are continually involved in
all forms of information management on a continuous
basis. The computer is, of course, an established tool
for achieving a competitive edge and optimal resource
allocation. Competition and the constant changes in
technology and lifestyles have changed the face of banking.
Nowadays, banks are seeking alternative ways to provide
and differentiate amongst their varied services. Customers,
both corporate as well as retail, are no longer willing to
queue in banks, or wait on the phone, for the most basic of
services. They demand and expect to be able to transact their
financial dealings where and when they wish to. With the
number of computers increasing every year, the electronic
delivery of banking services is becoming the ideal way for
the banks to meet their clients expectations.
E-banking refers to the effective deployment of IT by
the banks. It is about using the infrastructure of the digital
age to create opportunities - both local and global. It
enables the dramatic lowering of transaction costs and the
creation of new types of banking opportunities that address

the barriers of time and distance. Banking opportunities are
local, global and immediate in e-banking. The current webbased variant of banking is the latest of several generations
of systems: ATM was the first well-known machines to
provide electronic access to customers of retail banks. With
advent of ATM, banks are able to serve customers outside
the banking hall. Next came phone banking where users
call their banks computer system on their ordinary phone
and use the phone keypad to perform banking transactions.
PC banking superseded phone banking and allowed users to
interact with their bank by means of a computer with a dialup modem connection to the phone network. PSBs, which
are the foundation of the Indian banking system, account
for more than 78 per cent of the assets of total banking
industry. Unfortunately, they are burdened with excessive
NPAs, massive manpower and lack of modern technology.
On the other hand, the PSIBs and PSFBs in India are
witnessing immense progress. They are leaders in Internet
banking, mobile banking, phone banking, ATMs. Given
this background, it is interesting to analyze the e-banking
scenario in India. In a quest to seek an answer, the present
study is undertaken with specific research objectives as
envisaged in the following section.
Business Intelligence Journal - January, 2012 Vol.5 No.1
2012
Dr. Komal, Dr. Vandna Rani
Objectives of the Study
Research Methodology
The present study aims to examine the progress of

e-banking in India. In this broader framework, an attempt
is made to achieve the following specific objectives:
To analyze the present e-banking scenario concerned
with ATM, Internet banking, Mobile banking and
Credit cards in India.
To examine the impact of ATM, Internet banking,
Mobile banking and Credit cards on customer
satisfaction by analyzing the problems faced by the
customers.
Research Hypotheses
Ha1:
H02:
Ha2:
Data Collection
The present study is of analytical and exploratory
nature. Accordingly, the use is made of primary data.
The primary data is collected with the help of pre-tested
structured questionnaires from a sample of 450 respondents
from Haryana, Delhi, Chandigarh and Punjab using the
services provided by the various branches of PSBs, PSIBs
and PSFBs. A sample of 450 respondents/customers is
taken (150 respondents from each group) with the help of
judgment or purposive sampling method.
Data Analysis
To achieve the objectives of the study, the following

hypotheses are formulated:
H01:
29
There is no significant difference in the present

e-banking scenario of ATM, Internet banking,
Mobile banking and Credit cards in India.
There is a significant difference in the present
e-banking scenario of ATM, Internet banking,
Mobile banking and Credit cards in India.
There is no significant difference in the impact
of ATM, Internet banking, Mobile banking and
Credit cards on customer satisfaction in PSBs,
PSIBs and PSFBs in India.
There is a significant difference in the impact
of ATM, Internet Banking, Mobile banking and
Credit Cards on customer satisfaction in PSBs,
PSIBs and PSFBs in India.
The collected data in the present study are analyzed

through descriptive and inferential statistical techniques.
The analysis has been in conformity with the objectives
of the study and the hypotheses formulated to achieve
those objectives. In order to examine the level of customer
satisfaction regarding various e-banking services and their
interplay in different banks, various statistical techniques
have been applied like frequency distribution, percentage,
mean, standard deviation, chi-square and ANOVA. The
application of normal distribution has been followed in order
to categorize the different variables. The level of customer
satisfaction of the respondents regarding ATMs, Internet
banking, Mobile banking and Credit cards is assumed to be
normally distributed. The level of customer satisfaction of
the respondents is divided into three categories, i.e. below
average, average and above average levels. The lower and
upper limits of average level have been calculated with the
help of the following formula:
The lower limit of average level = Mean + 1 Standard deviation

The upper limit of average level = Mean 1 Standard deviation
Source: Bhatnagar and Bhatnagar (1992), Measurement and Evaluation, pp. 116-120.
The below average, average and above average levels

have been defined as Low, Medium and High respectively.
The two stage analytical approach is used to analyze the
data. In the first stage, total CSL and usage rate of various
services is analyzed. Total CSL shows the total weighted
value of all the variables of customer satisfaction. In
the second stage, ANOVA is used for summarizing the
difference between the levels of customer satisfaction.
Analysis and Interpretation

E-banking scenario is analyzed regarding four major
e-banking products i.e. ATMs, Internet Banking, Mobile
Banking and Credit Cards in terms of customer satisfaction
level on the basis of various variables like length of the use of
service, information about change, frequency of complaints,
Komal, Vandna R. - Progress of Banking in India: Customers Perspectives
30
problems faced, reliability of service and level of satisfaction

for the service, etc.
Period of Use
The present scenario of ATMs, Internet Banking, Mobile
Banking and Credit Cards is measured in terms of the length
of the period the respondents are using a particular service.
For this purpose, time is divided into five sub-heads i.e. less
than 6 months, 6 months to 1 year, 1 to 2, 2 to 3 and more
than 3 years.
Table - 1: Period of Use
January
Complaints Regarding Services

To find out the frequency with which customers are
having complaints against their banks with regard to these
services, five parameters of complaints are considered
which are very often, often, sometimes, rarely and never.
Table - 2: Complaints Regarding Services
No. of Respondents (percentage)
ATMs
Internet
Banking
a) Very often
30(07)
12(03)
b) Often
24(05)
18(05)
Complaints
Mobile
Banking
27(11)
Credit
Cards
48(12)
66(16)
c) Sometimes
78(17)
42(11)
27(11)
72(18)
ATMs
Internet
Banking
Mobile
Banking
Credit
Cards
d) Rarely
198(44)
204(56)
126(53)
132(33)
e) Never
120(27)
90(25)
60(25)
84(21)
a) Less than 6 months
30(07)
48(13)
90(38)
30(08)
Total
450(100)
366(100)
240(100)
402(100)
b) 6 months to 1 year
06(01)
30(08)
24(10)
30(07)
Chi-Square = 5.880
c) 1 year to 2 years
18(04)
66(18)
30(12)
84(21)
d) 2 years to 3 years
42(09)
60(17)
30(12)
66(16)
Source: Compiled from the responses obtained from respondents
e) More than 3 years
354(79)
162(44)
66(28)
192(48)
Total
450(100)
366(100)
240(100)
402(100)
Period of use
Chi-Square = 3.938
Fig. 2: Complaints regarding Services

100%
90%
80%
70%
Fig.1: Period of use
e) Never
60%
100%
d) Rarely
50%
c) Sometimes
40%
b) Often
a) Very often
30%
90%
20%
80%
e) More than 3
years
d) 2 years to 3
years
c) 1 year to 2
years
b) 6 months to
1 year
a) Less than 6
months
70%
60%
50%
40%
30%
20%
10%
0%
ATM
Banking
Banking
Cards
Internet
Mobile
Credit
Table 1 and figure 1 envisages that ATM is the oldest

service in use. Out of total respondents, maximum 79 per
cent respondents are using it for more than 3 years. Credit
cards are at 2nd position with 48 per cent users. Internet and
Mobile banking are at 3rd and 4th position with 44 per cent
and 28 per cent users respectively.
10%
0%
ATM
Banking
Banking
Cards
Internet
Mobile
Credit
Table 2 and figure 2 reveals that there are maximum 27

per cent respondents who never had problems with ATMs.
In case of credit cards, this per cent is lowest, i.e. 21 per
cent. The table also shows the positions of Internet and
Mobile banking in this context where this percentage is 25
per cent in each case.
Grievance Settlement System

The information has been collected from the respondents
about the grievance settlement system for these products in
banks to know whether this system is satisfactory or not.
2012
31
Table - 3: Grievance Settlement System
Table - 4: Reliability of Services

ATM s
Internet
Banking
Mobile
Banking
Credit
Cards
a) Highly satisfactory
72(22)
66(24)
36(17)
48(15)
b) Satisfactory
234(71)
186(67)
113(52)
c) Indifferent
18(05)
18(07)
30(14)
d) Unsatisfactory
06(02)
06(02)
36(17)
42(13)
30(09)
330(100)
276(100)
215(100)
318(100)
Grievance settlement
e) Highly unsatisfactory
Total

ATMs
Internet
Banking
Mobile
Banking
Credit
Cards
a) Very reliable
234(52)
96(26)
43(18)
66(16)
156(49)
b) Reliable
216(48)
210(57)
128(53)
240(60)
42(14)
c) Unreliable
60 (17)
69(29)
96(24)
366(100)
240(100)
402(100)
Chi-Square = 2.864
Reliability
Total
450(100)
Chi-Square = 2.600
Fig. 3: Grievance Settlement System
Fig. 4: Reliability of Services

100%
90%
80%
100%
70%
90%
60%
80%
e) Highly
unsatisfactory
d)
Unsatisfactory
c) Indifferent
70%
60%
50%
40%
b) Satisfactory
30%
a) Highly
satisfactory
20%
c) Unreliable
50%
40%
b) Reliable
30%
a) Very
reliable
20%
10%
0%
ATM
Banking
Banking
Cards
Internet
Mobile
Credit
10%
0%
ATM
Banking
Banking
Cards
Internet
Mobile
Credit
The table 3 and figure 3 shows that out of the total

respondents having problems, maximum number of
respondents, i.e. 22 and 71 per cent are highly satisfied and
satisfied respectively with the grievance settlement system
of ATM, whereas this percentage is 24 and 67 per cent
in case of Internet banking, 17 and 52 per cent in case of
Mobile banking and 15 and 49 per cent in case of credit
cards.
Reliability of Services
Table 4 and figure 4 depicts that out of the four

services ATM is the very reliable with maximum number
of respondents, i.e. 52 per cent and credit card is at the
minimum with 16 per cent. The table also shows that
reliability is highest in credit cards and lowest in ATM with
60 per cent and 48 per cent respondents respectively. This
percentage is 57 per cent and 53 per cent in case of Internet
and Mobile banking respectively. Whereas the unreliability
is maximum i.e. 29 per cent in case of mobile banking
followed by credit cards having 24 per cent respondents.
Level of Satisfaction
Reliability of e-banking products is another dimension,

which constitute the present status of e-banking and is
analyzed on the basis of three parameters i.e. very reliable,
reliable and unreliable.
Level of satisfaction after using a particular product

has also been examined to find out the clearer picture
regarding their status on the basis of five parameters i.e.
highly satisfied, satisfied, indifferent, dissatisfied and very
unsatisfied.
32

Name of Bank
Table - 5: Level of Satisfaction

3252(68)
240(53)
5964(74)
402(90)
ATMs
Credit
Cards
a) Highly satisfied
180(40)
78(21)
16(07)
84(21)
b) Satisfied
270(60)
246(67)
117(49)
228(57)
c) Indifferent
36(10)
96(40)
30(08)
200
d) Dissatisfied
06(02)
11(04)
30(07)
180
e) Very unsatisfied
30(07)
160
450(100)
366(100)
240(100)
402(100)
140
Total No. of Users
Credit Card
Mobile
Banking
Total
Total CSL
Mobile Banking
Internet
Banking
Satisfaction Level
January
Fig. 6: Status of E-Banking Products
120
Users
100
CSL
80
60
Fig. 5: Level of Satisfaction
40
20
0
100%
ATM
90%
e) Very
unsatisfied
80%
70%
d) Dissatisfied
60%
c) Indifferent
50%
40%
b) Satisfied
30%
a) Very
satisfied
20%
10%
0%
ATM
Banking
Banking
Cards
Internet
Mobile
Credit
Table 5 and figure 5 present that satisfaction level,

which is highest in case of ATM as all the respondents are
highly satisfied/satisfied, followed by Internet banking,
credit cards and M-banking. The table also reveals that
dissatisfied level is highest in case of Credit card and lowest
in Internet banking. On the other hand, indifferent level is
highest, i.e. 40 per cent in case of Mobile banking.
Status of All E-banking Products

The present status of e-banking services is analyzed in
all the banks with the help of total CSL and total number of
respondents using these products. Total CSL includes the
total weighted value of all the variables discussed above.

Total CSL
Total No. of Users
ATM
7650(85)
450(100)
Internet Banking
5694(78)
366(81)
Mobile Banking
Credit Card
Table 6 and figure 6 elucidate the present status

of e-banking products. It is clear that ATM is having
maximum 85 per cent CSL and respondents using it are
also maximum 100 per cent. Position of mobile banking is
worst with minimum 68 per cent and 53 per cent CSL and
users respectively. Internet banking is at second place with
2nd highest CSL (78 per cent) and in usage, it is at third
place with 81 per cent usage rate. Credit card is at third
place in terms of CSL (74 per cent) but its usage rate is
second highest.
To study the level of customer satisfaction further, the
respondents are divided into three categories i.e. below
average, average and above average levels, which have
been defined as Low, Medium and High respectively.
CSL of ATMs
Table 7 and figure 7 project that out of the total 84 per
cent respondents have medium CSL. On the other hand,
only 4 per cent fall in high CSL and 12 per cent in low CSL.
Table - 7: CSL of ATMs
CSL
Table - 6: Status of E-Banking Products
Name of Bank
Internet Banking
Frequency
Percentage
Low (Below 15)
54
12
Medium (15-19)
378
84
High (Above 19)
18
04
Total
450
100
Mean Value = 17.00, Std. Dev. = 1.97

2012
33
Fig. 7: CSL of ATMs
Fig. 9: CSL of Mobile Banking
CSL of Internet Banking
80
70
Table 8 and figure 8 envisages that 82 per cent respondents

have medium CSL for Internet banking. Whereas low and
high CSL is 11 per cent and 7 per cent respectively.
60
50
Percentage
40
30
Table - 8: CSL of Internet Banking
20

CSL
Frequency
Percentage
Low (Below 13)
42
11
Medium (13-18)
300
82
High (Above 18)
24
07
Total
366
100

10
0
Low
Medium
High
CSL of Credit Cards

Table 10 and figure 10 shows that 76 per cent out of total
respondents have medium CSL and 15 per cent have low
CSL, whereas only 9 per cent respondents fall in high CSL.
Table - 10: CSL of Credit Cards
Fig. 8: CSL of Internet Banking

CSL
Frequency
Percentage
Low (Below 12)
60
15
Medium (12-18)
306
76
High (Above 18)
36
09
Total
402
100
90
80
70
60
50
Percentage
40
30
20
10
0
Low
Medium
High
Fig. 10: CSL of Credit Cards
CSL of Mobile Banking
80
70
Table 9 and figure 9 reveals that 75 per cent respondents

of mobile banking have medium CSL and 15 per cent
respondents fall in low CSL, whereas only 10 per cent
respondents have high CSL.
50
Percentage
40
30
20
Table - 9: CSL of Mobile Banking

CSL
60
10
Frequency
Percentage
Low (Below 11)
36
15
Medium (11-16)
180
75
High (Above 16)
24
10
Total
240
100

0
Low
Medium
High
Combined CSL of All E-banking Products

Table 11 and figure 11 depicts that medium CSL is
maximum in case of ATM with 84 per cent and minimum
in case of Mobile banking with 75 per cent respondents.
34
Internet banking and credit card are at 2nd and 3rd position
with 82 per cent and 75 per cent CSL respectively. The
table also shows that maximum 15 per cent respondents
have low CSL in Mobile banking. High CSL is highest in
Internet banking and lowest in ATM with 10 per cent and 4
per cent respondents respectively.
Table 11: Combined CSL of E-Banking Products
Products
High
Total
ATM
Low
54(12)
Medium
378(84)
18(04)
450(100)
Internet Banking
42(11)
300(82)
24(07)
366(100)
Mobile Banking
36(15)
180(75)
24(10)
240(100)
Credit Card
60(15)
306(76)
36(09)
402(100)
ANOVA: F = 634.82 (F.05, 2, 9 = 4.26)

Chi-Square = 8.000 (Significant at 5 per cent level)
Fig. 4.1k: Combined CSL of E-Banking Products

90
80
70
60
Low
50
Medium
40
High
30
January
depicted by table-6. Mobile banking is at the lowest position

in terms of CSL and also in number of users. Therefore,
the null hypothesis i.e. there is no significant difference in
the impact of ATM, Internet banking, Mobile banking and
Credit cards on customer satisfaction in PSBs, PSIBs and
PSFBs in India cannot, be accepted.
To sum up, opportunities in e-banking are immense but
the only need is to explore them. The nature of banking
services may still be the same but the way in which they
are being offered has been changed dramatically. Banks
must realize the seriousness of challenges ahead and
develop a strategy that will enable them to leverage the
opportunities presented by e-banking. E-banks need to shift
now from product centric to customer centric i.e. to design
services according to the needs dreams and expectations
of the customers. Opportunities and challenges offered
by e-banking can only be met fruitfully if banks assemble
different dimensions services including banking, broking,
insurance, channel delivery, sales culture, back office
processes and knowledge management
under one
corporate name . Most of the market is still untapped in
India especially in rural areas. There is a lot of scope for
banking institutions to expand their e-banking services to
have a more sophisticated customer base. ICT infrastructure
facilities are also not well developed and the banks are
unable to extend the e-banking services, therefore, good
infrastructure need to be developed.
20
References
10
0
ATM
Internet Banking
Mobile Banking
Credit Card
As depicted by the above table, the calculated value

of F is greater than the tabulated value, therefore the null
hypothesis, i.e. there is no significant difference in the
present e-banking scenario of ATM, Internet banking,
Mobile banking and Credit cards in India, cannot be
accepted. It means that the alternative hypothesis, i.e. there
is a significant difference in the present e-banking scenario
of ATM, Internet banking, Mobile banking and Credit cards
in India can be accepted. This view point is also supported
by the value of chi square, which is also significant at 5 per
cent level of significant.
The analysis also shows that among all the e-banking
products, CSL of ATM is highest and the number of users of
ATM is also highest as compared to other services. Internet
banking and credit card are at second and third position as
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Perumal, Arumuga, S. Effective Method of Security
Measures in Virtual Banking, Journal of Internet
Banking and Commerce. www.arraydev.com/
commerce/jibc/. Vol. 11. No. 1, April 2006.
Baur, Tom, Set to Leapfrog? Issue of ACCION
International, www.prenwswi.com. May, 2006.
Ollie, Criminals are Banking upon Net to Steal, The
Times of India, Sep 26, 2006.
Chitrodia, Biju, Rucha, Online Credit Card Fraud: A
Growing Reality in India. The Times of India, Oct.
03. 2006.
January
Jani, Kamiya, How E-Banking Can Ease Your Life,

www.rediff.com, Nov. 17, 2006.
Sakkthivel, A.M., Impact of Demographics on The
Consumption of Different Services Online In
India, Journal of Internet Banking and Commerce,
www.arraydev.com, Vol. 11, No. 3, Dec. 2006.
Davis, Roy, Electronic Money, or E-Money, and
Digital Cash, Dec. 15, 2006.
Jena, Chirasrota, Biometric ATMs for Rural India,
Express Computer, Business Weekly, www.
expresscomputeronline.com, March, 12, 2007.
Iqbal, Nadeem, Opportunity and Challenges of
Electronic Banking, Journal of The Institute of
Bankers Pakistan, Vol. 74, Issue No. 2, April-June,
2007.
Kaul, Urvashi, ATM: The Power of Cash, Dataquest:
IT Giant, August, 03, 2007.
Rao,
Manhunath,
p.p.,
ATMs:
Changing
Fundamentals, Publication of Indian Express,
www.finacialexpress.com, Feb. 28, 2008.
Doley, Kunal, The Big Indian Virtual Bazaar,
Publication of Mail Today, March 30, 2008.
2012
Questionnaire
Progress Of E-Banking In India: Customers Perspectives
(Personal Information)
37
A. Gender
Male
Female
B. Age group ( years)

18-24
25-34
35-49
50-64
65 and above
C. Educational qualifications
Below Matric
Matric and Senior secondary
Graduate
Postgraduate and above
Service
Professional
Others
Rs.5,00,000-10,00,000
Above Rs. 10,00,000
D. Occupation
Business
E. Income group (annually)

Less than
Rs.2,00,000
Rs.2,00,000-5,00,000
F. Marital status
Married
Unmarried
1. Which of the following E-banking services do you use? (Please rank 1, 2, 3.. in order of frequency
of use)
E-Banking Services
Rank
a) ATM
b) Mobile Banking
c) Internet Banking
d) Credit Card
e) ATM cum Debit Card
38
January
2. How long you had been using the following E-banking services? (Please tick)
Internet
Banking
ATM
Mobile
Banking
Credit Cards
a) Less than 6 months

b) 6 months to 1 year
c) 1 year to 2 years
d) 2 years to 3 years
e) More than 3 years
3. What are the main reasons that you have not availed the following E-banking services? (Please
tick)
ATM
Internet
Banking
Mobile
Banking
Credit Cards
a) Never heard of the same

b) Dont have knowledge
c) Concerned about security
d) Dont have time
e) Dont see any real value in this
f ) Too new, I would like to see how it works, then I may start this
g) Not available through my bank
h) No need felt
4. Do you have an account with more than one bank? (Please tick)
Yes
No
If yes, rank the reasons for having more than one bank, in order of importance. (Please rank 1, 2,
3..)
Reasons
Rank
a) Convenience
b) To obtain E-banking services like D-mat, Internet banking etc.
c) Diversification of income in different banks to reduce risks
d) Compulsion due to being at distance
e) House and office being at distance
f ) Due to organizational compulsion (salary etc.)
4. To what extent do you agree that E-banking services and processes save time? (Please tick)
Highly agree
Agree
Indifferent
Disagree
Highly disagree
2012
39
5. Is your bank a One-stop window for all banking requirements?

Yes
No
If No, what are the deficiencies? (Please tick)

Deficiencies
a) Lack of D-mat facility
b) Lack of bills (telephone, insurance etc.) deposit facility
c) Lack of E-banking facilities
d) Lack of bills discounting
e) Any other (please specify)
6. How frequently do you have complaints against your bank with regard to following E-banking
services? (Please tick)
ATM
Internet
Banking
Mobile
Banking
Credit Cards
a) Very often
b) Often
c) Sometimes
d) Rarely
e) Never
7. If some new services are provided or terms/conditions related to particular service are revised,
does your bank intimates you in time? (Please tick)
ATM
Internet
Banking
Mobile
Banking
Credit Cards
a) Yes
b) No
9. At what level, have your problems been often resolved in the bank, with regard to following
E-banking services? (Please tick)
ATM
Internet
Banking
a) Head office level

b) Regional office level
c) Branch level
d) Customer care centre
e) Problem not solved
Mobile
Banking
Credit Cards
40
January
10. How satisfactory is the complaint/grievances settlement system of your bank with regard to
following E-banking services? (Please tick)
ATM
Internet
Banking
Mobile
Banking
Credit Cards
Mobile
Banking
Credit Cards
a) Highly satisfactory
b) Satisfactory
c) Indifferent
d) Unsatisfactory
e) Highly unsatisfactory
11. How reliable you have found following E-banking services? (Please tick)
ATM
Internet
Banking
a) Very reliable
b) Reliable
c) Unreliable
12. Overall how satisfied are you by using following E-banking services? (Please tick)
ATM
Internet
Banking
a) Very satisfied
b) Satisfied
c) Indifferent
d) Dissatisfied
e) Very unsatisfied
Mobile
Banking
Credit Cards

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28

Business Intelligence Journal

PROGRESS OF BANKING IN INDIA: CUSTOMERS

Dr. Vandna Rani

Banking has come a long way from the time of ledger

creation of new types of banking opportunities that address

Business Intelligence Journal - January, 2012 Vol.5 No.1

Dr. Komal, Dr. Vandna Rani

Objectives of the Study

The present study aims to examine the progress of

To achieve the objectives of the study, the following

There is no significant difference in the present

The collected data in the present study are analyzed

The lower limit of average level = Mean + 1 Standard deviation

The below average, average and above average levels

Analysis and Interpretation

Komal, Vandna R. - Progress of Banking in India: Customers Perspectives

Business Intelligence Journal

problems faced, reliability of service and level of satisfaction

Complaints Regarding Services

No. of Respondents (percentage)

a) Less than 6 months

Source: Compiled from the responses obtained from respondents

e) More than 3 years

Fig. 2: Complaints regarding Services

Source: Compiled from the responses obtained from respondents

Fig.1: Period of use

Table 1 and figure 1 envisages that ATM is the oldest

Table 2 and figure 2 reveals that there are maximum 27

Grievance Settlement System

Business Intelligence Journal - January, 2012 Vol.5 No.1

Dr. Komal, Dr. Vandna Rani

Table - 3: Grievance Settlement System

Table - 4: Reliability of Services

No. of Respondents (percentage)

No. of Respondents (percentage)

Source: Compiled from the responses obtained from respondents

Fig. 3: Grievance Settlement System

Fig. 4: Reliability of Services

The table 3 and figure 3 shows that out of the total

Table 4 and figure 4 depicts that out of the four

Reliability of e-banking products is another dimension,

Level of satisfaction after using a particular product

Komal, Vandna R. - Progress of Banking in India: Customers Perspectives

Business Intelligence Journal

Table - 5: Level of Satisfaction

Source: Compiled from the responses obtained from respondents

Total No. of Users

Source: Compiled from the responses obtained from respondents

Fig. 6: Status of E-Banking Products

Fig. 5: Level of Satisfaction

Table 5 and figure 5 present that satisfaction level,

Status of All E-banking Products

No. of Respondents (percentage)

Total No. of Users

Table 6 and figure 6 elucidate the present status

Table - 6: Status of E-Banking Products

Low (Below 15)

High (Above 19)

Mean Value = 17.00, Std. Dev. = 1.97

Business Intelligence Journal - January, 2012 Vol.5 No.1

Dr. Komal, Dr. Vandna Rani