With the advent of technology, every service company is using a digital platform for a global reach and to make their customers’ life comfortable; banks are no exception. Online/Net banking is a bliss for customers who are tech-savvy and don’t have time to stand in long queues at brick and mortar banks. It is a facility provided by banks to customers to enable them to use their services online. Let’s delve into an in-depth discussion to find the nuances of internet banking.
Old McDonald had a farm. And in that farm, he had a hundred hens. When the hens laid eggs, old McDonald gathered them in a basket and merrily started his journey to the market. Old McDonald had high hopes of making big bucks that day. The road went downhill. Old McDonald lost his balance. The poor old fellow, like Jack and Jill, went rolling and tumbling down the hill. Alas! Not only was he badly hurt, but all the eggs were gone for good. Old McDonald cried and cried and cried, but nothing could bring him back those spoiled eggs. He couldn’t recover from the loss! Hence, the adage – “Never put all your eggs in one basket.”