International Journal of Emerging Trends & Technology in Computer Science
A Motivation for Recent Innovation & Research
ISSN 2278-6856
www.ijettcs.org

Call for Paper, Published Articles, Indexing Infromation Digital Transformation in Indian Banking: A Study of Cheque Trucation System and other Technological Advances , Authors : Dr. Mamoj P K, International Journal of Emerging Trends & Technology in Computer Science (IJETTCS), www.ijettcs.org
Volume & Issue no: Volume 6, Issue 6, November - December 2017

Title:
Digital Transformation in Indian Banking: A Study of Cheque Trucation System and other Technological Advances
Author Name:
Dr. Mamoj P K
Abstract:
Abstract Implementation of Cheque Truncation System (CTS) in India by the Reserve Bank of India (RBI), the banking regulator of the country, has proven to be a revolutionary step in the history of digital transformation in Indian banking. CTS replaces the traditional paper-based cheque clearing with the most modern digital mode clearing. CTS is faster, efficient and more transparent. In the context of the ongoing measures of demonetisation (DeMo) and digital transformation in India by the RBI, the paper makes a closer look into the progress of CTS in India and suggests steps for more refinements in the system. Keywords—ICT, Digital banking, CTS, Demonetisation (DeMo)
Cite this article:
Dr. Mamoj P K , " Digital Transformation in Indian Banking: A Study of Cheque Trucation System and other Technological Advances " , International Journal of Emerging Trends & Technology in Computer Science (IJETTCS), Volume 6, Issue 6, November - December 2017 , pp. 172-180 , ISSN 2278-6856.
Full Text [PDF]                          Home