E-BUSINESS IN INDIAN PERSPECTIVE

Abstract

E-business (electronic business) derived from terms as “email” and “ecommerce” is the direct of trade on the
computer network, not only purchasing and offering also helping customer and cooperate with the commodities confederate.
E-business contains e-commerce but also protects inner operations such as production, inventory management, item
development, risk management, fund, knowledge management and human resources. E-business strategy is more complex,
more focused on inner operations, and aimed at cost savings and increase in efficiency, productivity and cost savings.
Electronic Business is more than just purchasing and offering items online. It also contains the entire online operation of
developing, marketing, selling, shipment, servicing and paying for items and helps. India is displaying importance growth in
the E-business. India has a worldwide network user base of over 100 million customers. The capacity of e-business is low
compared to stores like the US and the UK but is growing at a much faster rate with a large number of new associations.
India is yet to witness a breakthrough E-commerce success story particularly in computer network retail. E-commerce
creates new chances for trades; it also creates new chances for education and academics direction. There are many major
problems and impairment on the way of a computer network merchant. Factors like risk of injury and security of online
money transformation being the largest problem along with others have restrain the smooth increasing of the online sector in
the nation. In the backdrop of all these developments the present paper makes an attempt to: make prominent the challenges
of e-commerce in Indian banks, and to comprehend the matter of discussion of e-commerce in Indian banks.