Electronic banking is one of the truly widespread avatars of E-commerce the world over. Various authors define E-Banking differently but the most definition depicting the meaning and features of E-Banking are as follows:

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1. E-Banking is a combination of two, Electronic technology and Banking.

2. Electronic Banking is a process by which a customer performs banking transactions electronically without visiting a brick-and-mortar institution

3. E-Banking denotes the provision of banking and related service through Extensive use of information technology without direct recourse to the bank by the customer.

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