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Synopsis Banks are playing a vital role in the economy. After globalisation, privatisation and liberalisation drive, the entire Indian economic scenario has been changed. A rapid development in Information Technology enables the banking sector, to perform their duties with more sophisticated machines. Now everything will be done through a click of mouse. Internet has changed the lifestyle of a layman. Commercial banks are reducing their operational cost by establishing ATMs. Banks explored innovative things to perform customer's functions more easily and conveniently. ATMs can be utilised for further functions to reduce the workload of the banking sector. All payment utilities may be done through this kind of machines. Before IT Revolution everything is inline, after IT Revolution everything is 'online'. India is emerging as qualified, competent and challenging nation to the competitors in the IT environment. However, the banks should focus on fee based services more sophisticatedly. Even they should enter into "chit fund" sector to provide safety to the chit holders. In this book an attempt is made to give a comprehensive coverage of banking aspects. This book will help the students, faculty members executives in banking sector and as well as those individuals who desire to upgrade their knowledge and skills.