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Technology has revolutionized the banking system in developed and developing countries, making it impossible without technological advancement. Technology plays a crucial role in improving and sustaining the quality of services provided by service providers. Banking in India originated in the eighteenth century, with primary banks such as the General Bank of India and Bank of Hindustan starting in 1786 and 1770 respectively. Banks settle for deposits from the general public as well as from businessmen, and businesses have E-BANKING services of selected commercial banks in India. Businessmen keep their earnings from sales safely deposited in banks to fulfil their expenses from time to time. Banking in traditional sense is that the business of banking is the business of saving money for future.
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