Banking · IT in Banking
Which of the following technologies were widely integrated into India's banking sector as a result of the Information Technology (IT) revolution?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1None, as traditional banking systems remained unaffected by IT advancements
- 2ATMs, mobile banking, internet banking, and centralized electronic fund transfers✓
- 3Only traditional ledger systems with electronic typing
- 4Only basic mobile banking and offline internet portals
Correct answer
ATMs, mobile banking, internet banking, and centralized electronic fund transfers
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