DEPARTMENT OF TECHNICALEDUCATION

ANDHRA PRADESH
Name : Raja Sekhar Koduru
Designation : Lecturer In CCP
Branch : Commercial & Computer Practice
Institute : Govt. Polytechnic For Women,
Kakinada, E.G. District
Year/Semester : 3rd Year – VI Semester
Subject : Banking II
Subject Coce : Ccp-604(b)
Topic : Customer Services Offered By Bank
Duration : 50 Mts.
Sub Topic : Need For Networking
Teaching Aids : PowerCCP-604(B).20
Point & Pictures 1
Objectives:

 On the completion of this topic you will be able

to
 Explain the need for networking of banks and
Automation of bank branches

CCP-604(B).20 2
Recap

 In previous session we have learnt various

services offered by Bank to customers

CCP-604(B).20 3
Known to Unknown

 Have you seen any Bank using Modern

Networking facilities

CCP-604(B).20 4
Structure

 Need for Network Banking

 Quiz

 Assignment

CCP-604(B).20 5
Need For Networking And
Automation of Branches

 What is computerization?

 List the advantages of

computerization

CCP-604(B).20 6
Need For Networking And Automation
of Branches
 Performing the various functions
using computers is called
computerization
 The advantages of
computerization are
 Saves lot of time

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Need For Networking And Automation
of Branches
 User friendly
 Can store large data
 Retrieval of data is very
easy.

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Need For Networking And Automation
of Branches

 What is Internet?

 What are the advantages of

Internet

CCP-604(B).20 9
Need For Networking And Automation
of Branches
 Connecting one computer to
another computer is called
network
 The different networks are…
 LAN (Local Area Network)

CCP-604(B).20 10
Need For Networking And Automation
of Branches

 MAN (Metro Area Network)

 WAN (Wide Area Network)
 INTERNET (NETWORK OF NETWORKS)

CCP-604(B).20 11
Need For Networking And
Automation of Branches
 As has already been explained in the previous
lesson the E-Commerce essentially is the paperless
exchange of business information spread through
Internet

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Need For Networking And Automation
of Branches
 Gone are the days when people had to walk
long distances in their busy schedules to
reach banks, wait in the long queues, make
money transactions and hurry back to their
work

CCP-604(B).20 13
Need For Networking And Automation
of Branches

 Nowadays, everything has become very simple.

 You can make all the money transactions like….
 Sell the products,
 Buy the products,
 Communicate with people who are at long
distances sitting at home.

CCP-604(B).20 14
Need For Networking And Automation
of Branches
 How is it possible to do so many things at a time,
sitting at home?
 As mentioned before with the help of E-Mail it is
possible to communicate with people over long
distance.
 E-Commerce is one such concept, which is
making our lives simple and easy.
 So, then what is E-Banking?

CCP-604(B).20 15
Need For Networking And Automation
of Branches
 When the business and commerce tend to be on
the electronic modes, banking can never remain
isolated.

CCP-604(B).20 16
Need For Networking And Automation
of Branches

 Hence, Networking and automation of bank

branches implies performing basic banking
transactions by customers round the clock globally
through Electronic Media.

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Need For Networking And Automation
of Branches

 E-Banking implies performing basic banking

transactions by customers round the clock globally
through Electronic Media
 Computerization, Network and automation can only
helps the idea of E-Banking

CCP-604(B).20 18
Need For Networking And Automation
of Branches
 There are several advantages in automating and
networking of the Banks
 The advantages to the bankers can be enumerated
as below:
 Improvement in the organization structure for better
control and overall facility

CCP-604(B).20 19
Need For Networking And Automation
of Branches
 Better cash and funds management for
optimization of profits.
 Increase the volume of business done by the
existing staff.
 Better quality of services to customers and higher
customer retention rate.

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Need For Networking And Automation
of Branches
 Minimizes the chances of fraud
 Better customer relationship.
 Reduces the cost in developing a system
through sharing technology network.

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Need For Networking And Automation
of Branches
 Helps in saving time and downsizing the
establishment expenses.
 Improvement in various delivery systems viz.
Management Information System

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Need For Networking And
Automation of Branches
 House-keeping processes including
Inter-branch reconciliation
 It ensures accuracy of the work and prevents
clerical errors and omissions
 Strengthening retail banking base

CCP-604(B).20 23
Need For Networking And Automation
of Branches
 Very large data are stored for information and
ensures fast decision-making
 Timely flow of information to the branch network
located all over the world
 Problems are handled more easily by using various
operation research models
 More secrecy is observed as compared to manual
file system
 An effective medium of promotion of various
schemes of banks
CCP-604(B).20 24
Need For Networking And
Automation of Branches

Advantages to the customers

 Customer can avail of any service at any branch

where the bank has ‘Wide Area Network’ (WAN)
 Availability of service in respect of withdrawals at
all times, round the clock

CCP-604(B).20 25
Need For Networking And
Automation of Branches

Advantages to the customers

 No lunch breaks – no holidays at ATM Centers
 Availability of better quality of customer services

CCP-604(B).20 26
Need For Networking And
Automation of Branches

 Availability of good infrastructure

 Availability of printer material on various products
of banks on their websites
 Convenience to customers
 Bring down ‘Cost of Banking’ to the customer over
a period of time

CCP-604(B).20 27
Summary

In automating and networking of Banks there are

several advantages to the banks as well as
branches.
 More convenient
 Less fraud
 More effective
 Effective MIS can be implemented
 Lessen the establishment expenses
CCP-604(B).20 28
Quiz

1. What is network?
 Connecting one computer to another computer

4. What are the different types of networks?

 LAN
 Local Area Network

CCP-604(B).20 29
Quiz

1. MAN
 Metro Area Network
3. WAN
 Wide Area Network
5. MIS
 Management Information System

CCP-604(B).20 30
Assignment

1. Explain the advantages of networking and

automation of Branches to the Banks.(12
Marks)

3. Briefly explain the advantages of networking

and automation of branches to the customer.(4
marks)

CCP-604(B).20 31