Research Proposal on Banking Essay Example for Free

Research Proposal on Banking EssayIntroduction Over thirty-five historic period have passed since academics began speculating on the impact that training technology (IT) would have on organizational structure. The debate is subdued on-going, and both(prenominal) exploreers and managers continue to explore the relationship among IT and organizational structure. As organizations need to process more information under these uncertain conditions, IT is one possible way for organizations to increase their information processing capability.We be conducting a research in HBL bank that, how bank increase the number of account holders using profits banking among its Current Account holders. IT has a dramatic put up on both peoples personal and professional lives. IT is also changing the nature of organizations by providing opportunities to make fundamental changes in the way they do business. The technology is changing rapidly, with computing speeds and the numbers of transisto r equivalents available in a given area of a microprocessor chip both doubling in very piddling time.Organizations are acquiring more and more technology systems to assist in everything from manufacturing to the management of information to the provision and improvement of customer service. Harnessing and coordinating this computing mightiness is the ch on the wholeenge. New tools and innovative perspectives with which to examine, interpret, and comprehend these rapidly evolving environments are always needed and sought. Background / Literature View IT is transforming the way that business is conducted.Computers prepare invoices, issue checks, bread and butter track of the movement of stock, and store personnel and payroll records. Word processing and personal computers are changing the patterns of part work, and the spread of information technology is modify the efficiency and competitiveness of business, the structure of the work force, and the overall growth of economic outp ut. Many people believe that the primary driving force behind this information revolution is progress in microelectronic technology, particularly in the development of integrated circuits or chips.Thus, the reason that computing power that mappingd to fill a room and cost $1 million outright stands on a desk and costs $500 or that pocket calculators that used to cost $1000 now cost $10 is that society happens to have benefited from a series of spectacularly successful inventions in the field of electronics. But fewer people understand why the introduction of information technology occurred when it did or took the path that it did, why data processing came before word processing or why computers transformed the office environment before they transformed the factory environment.Because this technology oriented view of the causes of the information revolution offers little guidance to the direction that technological developments have taken thus far, it offers little insight into th e direction that they leave behind take in the next. Electronic banking is one of the first things that come to mind when one thinks about the future of banking. It is generally assumed that electronic banking is new and that it go out re brand or supplement many convey of delivery of retail banking services. The term electronic banking as used here refers to any banking activity accessed by electronic means.It includes Online Banking, Automated Teller Machines (ATMs), Automated Call Centers, Digital Cash, Internet Banking, Screen Telephones, E-Utility Bills and so on. These channels of delivery can be used for presenting and paying bills, buying and selling securities, transferring funds, and providing other financial products and services. Electronic banking can be used for retail banking and business-to-business (B2B) transactions, as well as for facilitating large-amount transfers. Equally all valuable(p), electronic banking is a worldwide phenomenon.As the term is used he re, it involves transactions. Web sites that are transactional are considered electronic banking. Electronic banking and the Internet in general are forcing a shift in the way banks and other businesses organize and the way they think of themselves. A shift is taking place from vertical integration to virtual integration. Banks and other financial intermediaries must realize that they are in the financial information industry. The Internet makes it possible to bring both customers and suppliers together to share critical business information.E-banking helps banks relay and show to their clients how good their services are, how many services we are providing and that the services they offer are of punter standards. Through E-banking the company can show the clients that they are better than competitors and can give them satisfaction guaranteed. Statement of the problem The earnings and the different things it can do to uplift business procedures, products and services is a current n ecessity for business. One of internets products is Electronic banking. Electronic banking is a faster way for clients to transact with the banks personnel.Clients can still transact with banks while on the comfort and safety of their homes and Offices. The main purpose of this proposed research is to determine, how we will increase Internet Banking Users among their present Account holders. Theoretical good example Increase Internet Banking Users Quality Products (websites) A Bank Manager observed that, if he provides the better Quality Products (Websites) and Low Bank Charges on Internet-Banking to his Account holders. This will increase the number of Customer of Internet Banking.But it will not affect on those Account holders with less qualification and do not use internet. Qualification of account holder and use of internet Low Bank Charges on Internet Banking Research Objectives This Research intends to find out, If Bank updates its website and gives quality products, idle us e and as well as reduce its transaction charges on Internet banking will increase the number of users using Internet Banking among its Account holders. However, harmonise to the literature review, the qualification of account holder is plays an important part in this relationship.Our objective is if we increase quality products and reduce its transaction charges on Internet banking will increase the Internet Banking users. Research Question * If we increase quality products and reduce its transaction charges on Internet banking will increase the Internet Banking users or not? * Qualification of customer and use of internet is effect on internet banking users or not? Research Design/Methodology Type of research This research will use the descriptive type of research.Descriptive method of research is to gather information about the present existing condition and solving the problem. The descriptive approach is quick and more practical financially. Moreover, this method will allow for a flexible approach, thus, when important new issues and questions arise during the duration of the study, a nevertheless investigation may be allowed. The study opted to use this kind of research considering the goal of the study to obtain first hand data so as to formulate rational and sound conclusions and recommendations for the study. Research StrategyFor this research data will be gathered through collating published studies from different books, articles from different cogitate journals and studies, and other literary instruments. Afterwards make a content analysis of the collected documentary and verbal material. The study will then summarize all the necessary information. The study will then make a conclusion based on the said information and provide insightful recommendations on how to break up the said problem. Sample and Sampling Technique The respondents of the research came from the different branches of bank mentioned from Karachi.Due to time constraint and also, for the convenience of the researcher, only hundred (100) respondents were considered for the study. The convenience taste technique was imposed in the study to pick up the hundred respondents, mainly because the availability of the respondents from the different branches was considered. This part of the study is important because the most important data needed to fulfill the objectives and aims of this study will only be supplied by the respondents from the Branches of HBL bank Karachi. Primary and secondary data collectionThe primary root of data will come from a survey using questionnaire and interviews that will be conducted by the researcher. The primary data frequently gives the detailed definitions of terms and statistical units used in the survey. These are usually broken down into finer classifications. The secondary source of data will come from research through the internet books, journals, related studies and other sources of information. Acquiring secondary data are m ore convenient to use because they are already condensed and organized.Moreover, analysis and interpretation are do more easily. Validation of the instrument For validation purposes, the researcher pre-tested a sample of the set survey questionnaires. This was done by conducting an initial survey to at to the lowest degree five respondents from the different banks from Karachi. After the respondents answered, the researchers then asked them to cite the parts of the questionnaire that needs improvement. The researcher even asked for suggestions and corrections from the respondents to ensure that the survey-questionnaire is effective.Automatically, these five respondents were not included as respondents for the study. Data analysis Data gathered will be analyzed through frequency distributions. These will give way to reviewing the data categories and the number of referrals in each category. The data acquired will be analyzed according to the different categories and importance. The information that will be gathered and analyzed will be important to achieve the objectives desired by the study.