IJSRP, Volume 2, Issue 7, July 2012 Edition

The tremendous advances and the aggressive infusion of information technology had brought in a paradigm shift in banking operations. With the rapid proliferation of Internet Technology banking sector now takes a different approaches often termed as E-banking. The adoption of Ebanking becomes a necessity for the banking which wishes to maintain its share of market and retain its customers. In one hand, it offers ease of operation for both customers and consumers. On the other hand, it overcomes the geographical bars between the countries. But such improved services have come at the cost of rigorous adaptation of business rules and policies as well as to cope with the new technology. This paper reveals the current situation of E-banking in Bangladesh and the impact of E-banking on banking activities. The new challenges of E-banking are to develop and apply policy from the perspectives of society, banks, and regulatory authorities as like as government are addressed in the study.