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Evolution of Online Banking in Central Bank of India (CBI)
There are perks to being one of India's oldest banks. Holding a high reputation among the citizens, the Central Bank of India has an equally impressive online banking portal.
The Bank by Indians for Indians
The Central Bank of India is a traditional bank which is more than a century old. While personal banking which is done manually between a customer and the bank, Internet Banking has become more popular among the current generation. From mobile phones to computers, the internet has become readily accessible. The result of this development of the Internet is e-Banking or Electronic banking.
The Online Bank for the Internet Generation
While internet banking has become exceedingly popular, with it comes the question of security. The CBI has developed a user-friendly website which can be operated from a computer or even a mobile phone. Transferring funds has been made so simple using just the account details and the IFSC Code. The IFSC code, being an alpha-numeric code that is unique to every branch of the Central Bank of India, is helping to keep net banking safe and secure.
