A Study On Emerging Technology Trends For Banking Industry In India, Nagpur
DOI:
https://doi.org/10.52783/jns.v14.3044Abstract
The banking industry in India is undergoing a significant transformation, driven by the rapid adoption of emerging technologies. In particular, the increased use of mobile banking apps, digital payment platforms, and biometric authentication is reshaping the customer experience and operational efficiency. The study analyzes how these innovations are being implemented in Nagpur's banking landscape, identifying key drivers of technological adoption and the challenges faced by local banks. By examining current practices and emerging trends, this research highlights the potential for technology to improve financial inclusion, enhance security, and streamline banking operations. Furthermore, the paper discusses the regulatory and infrastructural factors that influence the successful integration of these technologies within the regional banking ecosystem.
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Here are some books that can provide valuable insights into emerging technology trends in the banking industry in India, particularly focusing on cities like Nagpur:
"Banking on Technology: A Study of the Impact of Emerging Technology on Indian Banks" by Arvind Bhatia
This book focuses on how technologies such as AI, blockchain, and digital banking are changing the Indian banking landscape. It can offer insights into how banking in India is evolving and how new trends are shaping the future of banking.
"Technology and Banking" by Dr. C. S. S. P. S. R. Murthy
This book explores how banking technology is transforming the industry. It also discusses the adoption of new tech trends like mobile banking, cybersecurity, and cloud computing in the Indian context.
"Digital Banking: A Guide to Innovation" by Venkatraman B.
This book covers emerging digital banking trends like mobile apps, digital payments, AI, and other innovations transforming banking. It also touches on the regulatory framework in India, which could be helpful for your research.
"The Future of Banking in India: Evolution or Revolution?" by K. C. Chakrabarty
This book is essential for understanding how the banking sector is adapting to technological changes and the future of the industry. While it is not focused on Nagpur specifically, it provides an excellent national overview of the trends impacting banks in all regions.
"FinTech: The Impact and Influence of Financial Technology on Banking" by F. K. Jha
A great resource that covers the rise of financial technology (FinTech) in India, examining its influence on traditional banking, payments, and lending. This could give you a comprehensive look at tech trends affecting the banking industry, including in smaller cities like Nagpur.
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