Acknowledgement

Execution of any Work is an uphill task and it cannot be completed without support and co-operation of others.

I place my immense gratitude to the Dyanasadhana College in general to (Mss. -----) in particular, with whose whole hearted co-operation and support I have been able to undertake this contemporary project on my own and complete the same successfully, systematically & in a smooth manner.

I would also like to thank all those who helped me in completing this contemporary project report.

Bharati Pawar

Conclusion
The banking scenario in 2008-09 could be similar to the one presented above, which requires banks to be proactive and adopt a range of measures to shape their future:
y y

Anticipate and prepare for regulatory change Focus on identifying core competence and migrate to a business model of choice. Build an optimal operating model by understanding which activities to retain collaborate and outsource. Go beyond compliance to use risk management as a critical decision support tool. Create and sustain customer, investor and regulator confidence by adopting international accounting standards and improving corporate governance. The no of internet users and the developing technology paved the super highway to internet banking. The comfort and the security play a vital role in switching from the traditional banking system to modern 24/7 net banking. Increasing usage of mobile phones is going to revolutionize the banking culture in near future. Carrying money in the form of plastic cards which is widely accepted every where to buy any thing is quite

safe and give peace of mind to users is widely accepted.