Impact Of Technology In Banking
RecoverySoft / September 7, 2018

In the world of banking and finance nothing stands still. The biggest change of all is in the, scope of the business of banking. Banking in its traditional from is concerned with the acceptance of deposits from the customers, the lending of surplus of deposited money to suitable customers who wish to borrow and transmission of funds. Apart from traditional business, banks now a days provide a wide range of services to satisfy the financial and non financial needs of all types of customers from the smallest account holder to the largest company and in some cases of non customers. The range of services offered differs from bank to bank depending mainly on the type and size of the bank. RESERVE BANK’S EARLY INITIATIVES As a central bank in a developing country, the Reserve Bank of India (RBI) has adopted development of the banking and financial market as one of its prime objectives. “Institutional development” was the hallmark of this approach from 1950s to 1970s. In the 1980s, the Reserve Bank focused on “improvements in the productivity” of the banking sector. Being convinced that technology is the key for improving in productivity, the Reserve Bank took several initiatives to popularize…

Issues With External Hard Drive
RecoverySoft / July 11, 2018

An external hard drive can be described in simple terms as a hard drive that is portable, or one that can be transported around. Although this is a very simple definition of what an external drive is, the truth is that, it is pretty much the same as it is described above. However, we can be more specific by describing it as the portable version of the fixed hard disk, which comes with a USB casing that enables it to be used on various computers with the help of an USB cable. Other than the above given differences, there is no noticeable difference between a fixed hard drive and an external hard disk. We can confirm this due to the presence of various moving parts that are present both in a fixed disk and an external disk. The main purpose for which the external hard disk is used is also pretty much the same, which is data storage. However, in this case, the stored data can be transported along with the user and accessed on the computer of his choice. Some of the most common uses of the external disk are for storage of data, which usually eat up a…