... banks now compete on how long it takes to attend to a customer at the counter through the use of computers. Information technology is the heart of this new efficiency and speed. The new generation of banks in the country have centred their operations on computers and have already reaped handsome profits from this new innovation. Some banks have taken computerisation to ... investors to provide bandwidth and sell it commercially. Finally, many of the areas crucial to the financial sector such as the clearing and trade processes are not automated, which will limit the efficacy of Internet...

• Word Count: 17126
• Approx Pages: 69
• Grade Level: Undergraduate