IOSR-JBM   Volume-8 ~ Issue-5 ~ Mar-Apr-2013

Abstract: Financial liberalization and technology revolution have allowed the developments of new and more efficient delivery and processing channels as well as more innovative products and services in banking industry. Banking institutions are facing competition not only from each other but also from non-bank financial intermediaries as well as from alternative sources of financing. As financial institutions increasingly offer online banking services to their customers, they must face issues of consumer confidence in the Internet. Consumers are concerned about identity theft and wonder if the Internet is safe for online banking. The answer is yes—if financial institutions, in cooperation with their customers, make it safe. Therefore, building the best controls to prevent fraud and protect customers is of critical importance. This paper investigates the extent of safety measures followed by customers while e-banking, analyses the awareness of the customers regarding the various online banking scams and suggests safety measures to be followed while e-banking. Primary data was collected from 118 respondents through a structured questionnaire. Secondary data was used to know about the various electronic e-banking products and services and various online scams. The findings are of great help to bankers to enable them to frame proper guidelines for their customers who use e-banking facility. It helps e-banking customers to bank safely using the safety measures.

Key words- E-banking, innovation, internet, online scams, safety measures.

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Innovation In Indian Banking: Extent Of Precautions Taken By The Customers While E-Banking
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Abstract: The study examines the perspective of practitioners who are involved directly and/or indirectly with the process of shariah compliance/auditing from Islamic financial institutions (IFIs) in Malaysia on the issues of standards for shariah auditing, auditors qualifications and independence. The paper examines 77 self-developed questionnaires applicable to the main issues focused by this study. The survey questionnaires are distributed by mail or delivered in person to 85 respondents in 21 Malaysian Islamic financial institutions. It is found that Malaysian IFIs are in need of properly guided shariah standards for shariah auditing practices. The scarce resourceful auditors with both shariah and accounting/auditing qualifications and the issue of self review threat to independence may affect the reputable image of Islamic financial institutions. The findings reinforce the importance of auditors' qualification and independence as currently there is no mandatory regulated professional shariah auditor code to be in tandem with drastic growth of the IFIs. The paper offers practical implication to regulators in providing a direction to revise the existing standards for shariah auditing practices and to formulate a mandatory professional governance structure for shariah auditors.

Keywords - Shariah audit, Shariah auditor, Islamic financial institutions, Malaysia

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Abstract: This paper is a study of Bi-variate causality between State Per Capita Income and State Public Expenditure in Gujarat State Economic System during the Post Economic Reforms period from 1991 to 2005. First, impact of State Per Capita Income on State Public Expenditure in Gujarat State is investigated and then influence of State Public Expenditure on State Per Capita Income in Gujarat State is examined during 1991 to 2005. Here in this study time series is used to examine the relationship between year-wise State Per Capita Income and State Public Expenditure in Gujarat State, for the study years 1991 to 2005. Our Two Variables Regression analysis showed significant Bi-variate causal relationship between year-wise number of State Per Capita Income and State Public Expenditure in Gujarat State Economic System.

Key Words: Bi-variate, causality, State Per Capita Income, State Public Expenditure, Two Variables Regression

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