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Do you like the increase in i-banks in India?

Created by : Swati Raut, Product Manager, Aviva  | 07 17 2010 07:23:06 +0000
Industry : BankingFunctional Area : India(Markets)
Keywords : india banking increase i-banks
Activity:  469 views;  last activity : 02 10 2011 05:49:58 +0000

The number of investment banks (i-bank) in India is increasing day by day. According to industry estimates, at least 300 i-banks have been set up in India over the past 18 months, compared to only 50-60 new i-banks in 2006-07, when fund-raising was at its peak.

Actually, number Indian firms are raising funds for acquisitions now, though i-banks have been around for long. And i-banks are looking to have a share of benefit. So users, do you like the increase in i-banks in India?

  
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If it's a good deal a number of i-bankers are available, It'll be like real estate brokering. Boutique i-banks typically handle sub-$25 million (Rs115 crore) deals, that helps in areas like fund-raising, debt, and private equity (PE) and venture capital investments.
By Swati Raut, Product Manager, Aviva  07 17 2010 07:23:06 +0000
 
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No doubt in the other side Mr.Dayanand Deshpande has mentioned the true thing regarding the fraud that takes place now a days due to the use of Internet banking but i must say most of the banks take all possible steps to make aware their customer regarding banking over Internet. All the mischief done by the hacker are ONLY BECAUSE due to the IGNORANCE of the USER because all most all the banks uses a 128-bit encryption technology to make the user data like User-id, password & transactions to travel through a safe and secure channel.

Again regarding malicious proxy, i'll simply suggest if a user just simply Look for the security certificate of that transacting webpage else more simply mark whether the web-address is started with " HTTPS://(S stands for secure) " or not then, also most of the chances is there he can avoid the fraud.
By Bishnupada Mohapatra, IFBI Trainee, ICICI Bank  | 02 10 2011 05:49:58 +0000
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In todays trend nobody has time for transactions net banking is a presious boon for human thanks for that who so ever invented.
By Mohammed Mujahid, Electrical Engineer-Other, ECI engineering & construction pvt. ltd.  | 07 29 2010 16:06:42 +0000
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The net Banking is a blessings of modern technology for young to old people, to use for various banking transaction at home itself.
By R N Bhattacharyya, Freelancer, Freelancer  | 07 29 2010 15:44:20 +0000
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I-banks brought us to a new world of safe , secure, more easier access to financial transactions
By ANBALAGAN PERIYASAMY, ENGINEER - QAD, SHARDHA MOTOR INDUSTRIES LTD  | 07 29 2010 12:33:00 +0000
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it make human life more convienient n pleasant.....
By meenakshi aggarwal, MBA/PGDM student, sikkim manipal university  | 07 29 2010 12:30:25 +0000
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ANY CHANGE OR GROWTH AS LONG AS IT IS BENEFICIAL TO THE ECONOMY AND AIMED AT THE LARGER INTERESTS OF OUR COUNTRY SHOULD BE WELCOME.
By s.baalu , Consultant, XYZ LTD  | 07 29 2010 11:58:56 +0000
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" it is good that increase in i- banks . it provides us the good use of this facility so there is no question of disliking........
By chals jain, B.Tech/B.E. student, Walchand Institute of technology  | 07 19 2010 17:58:34 +0000
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As we r all living in an optional world so this i-bank is also a part of that .so there is no question about liking & disliking.
By Hari Kishore Verma, B.Tech/B.E. student, IILM Academy Of Higher Learning & Management  | 07 19 2010 16:32:00 +0000
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IT SAVES TIME AND ITS CONSUMES PAPERS MINIMUM WORK TENSION EASY TO ACCESS 
By Dinesh Balaji, B.Tech/B.E. student, Dhanalakshmi College Of Engineering  | 07 19 2010 15:29:02 +0000
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Yes. It is a feature of normal development.
By Kumbakonam S Venkataraman, Associate Editor, Dynamic Youth online magazine  | 07 19 2010 04:24:01 +0000
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In our modern fast life, i- banking is the most convenient  
By George Varghese, Proprietor, Jecyees  | 07 19 2010 03:10:11 +0000
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ya,i am totaly agree to swati
By Dr.Narendra Bahadur Singh, Sr REPORTER, TRIGUT HINDI DANIK NEWS PAPER  | 07 18 2010 22:15:51 +0000
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My vote is for Ms. Swati. I support increase in I-Banks, it helps many infrstructure companies looking for PE/Debt
By Suryanarayan Murthy, Asst Vice President (Corporate Finance), A Hydro Power Project  | 07 18 2010 06:55:33 +0000
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Yes I support the increase in i-banks in India - it will facilitate invstments which willn the long run accelerate the growth - growth of both individuals and the country. Thanks Ms.Swati Raut.
By Parvez Kalwachwalla, Project Director, Skytech Solutions Pvt Ltd  | 07 17 2010 23:51:05 +0000
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Yes I like the increase in i-banks in India and it will facilitate good invstments in India to accelerate the growth.

Thanks Ms.Swati Raut. 
By NATTERAJA R. ARIKRISHNAN, GM-Projects, Bentec Electricals & Electronics Pvt. Ltd  | 07 17 2010 17:15:03 +0000
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It makes our life easy so for all it is good.
By Diwakar Tiwari, Sr. Manager, THE Arvind LTD  | 07 17 2010 11:29:56 +0000
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The reason that I won't prefer Internet banking is because I do not trust the services of the bank through the net. Some human beings prefer to trust others like us and may have some difficulty in trusting a machine, especially in the matters of money. I'll always have a doubt about whether their money is safe, while being processed through Internet banking.

In addition to this, a few cases of forgery have been reported in online banking. There are some fraud or proxy websites, which can hack information (user name and password) entered by a person for some transaction, and later misuse it. In such cases, people lose their money without knowing and by the time, they get the bill, huge loses may have been incurred.
By Dayanand Deshpande, Senior Consultant, Ernst & Young  | 07 19 2010 05:48:37 +0000
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