Innovation Incubator (i2) of Nehru Memorial college organised a lecture on "Technological Innovations in the banking Sector" by V.Ramachandran, Choef manager, State Bank of India Learning centre. Principal in charge S.Kumararaman presided over the lecture and dean A.Prabaharan welcomed the gathering. Ramachanadran said "There is a revolution of technological changes in the banking sector". Busy people like faculty members must use the technological opportunities provided by the banks. One can pay income tax, service bills, recharge mobile phones, satelllite television channels, tranfer money, buy insurance, mutual funds, deposit funds through the internet banking and mobile banking. These kinds of banking are full secured and fasr. One can contribute for the cause of enironment by using technological banking instead of paper banking.
A comparative data of bank interest rates, services are also provided by the private agencies. This will help customers to choose the best and safe ones. When the faculty members learn they are expected to pass it on to their students. This way we can develop our nations banking system, services and environmental growth. Awareness is the first step towards development. More than 70 faculty members of the college actively took part in the discussion which followed after the lecture.