INFORMAL LETTER
Write a letter to your sister telling her how technology is helpful for banking sector and how
it has brought about a change in the present day workings of banks.
Kruti Chauhan,
Miranda House,
East Patel Nagar
New Delhi.
29 May 2015.
Dear Suhani,
I hope this letter finds you in good health. How are your studies going? I hope you are through with your exams and still waiting for your results. What are your plans as far as your career is concerned? Let me suggest you few good avenues. One of them is the banking sector. This sector at present is offering tremendous opportunities to young generation and that with the latest advent in technology, the sector is gradually moving towards globalization.
Indian banking industry, today is in the midst of an IT revolution. A combination of regulatory
and competitive reasons have led to increasing importance of total banking automation in the Indian Banking Industry. In view of this, technology has changed the contours of three major functions performed by banks, i.e., access to liquidity, transformation of assets and monitoring of risks. Further, Information technology and the communication networking systems have a crucial bearing on the efficiency of money, capital and foreign exchange markets.
I am wishing you all the best for your future endeavours and hope that my letter has served
its purpose of motivating you.
Yours loving sister,
Kruti
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