"Your bank at your home at the click of a button. High speed internet, easy-touse smartphone apps and secure usage tools have made this possible, making more people shift to alternative channels of banking. For instance, in ING Vysya Bank, 80% of demand draft volumes now come through RTGS (real time gross settlement) and NEFT (National Electronic Funds Transfer). For HDFC Bank, 82% of all transactions originate through non-bank channels , with net banking and mobile banking accounting for 44% of all transactions." Continue Reading