IT and Communication Systems – Important features :

The integration of computers and communication techniques has opened opportunities for banks to provide various innovative and customer friendly products/services and also to redesign their internal control systems.

The data communication network systems play an important role in interface and interconnectivity of banks. With the fast changing technological supported world, banks in India have come a long way. Over the years different methods have been used to transmit data from computer to computer. The data is transmitted by means of data communication media like terrestrial cables, microwave and satellites.