Banking has changed over the years and evolved with the needs of the Indian economy since independence. A large number of banks in developed and emerging markets have been upgrading their system to modern banking system. Here banks, with the help of software vendors, have found the opportunity to leverage multiple channels in order to deliver products and facilitate transactions through online. E-Banking facilitates an effective payment and accounting system thereby enhancing the speed and delivery of banking services considerably. While e-banking has improved banks efficiency and convenience, it has also posed several new challenges. These challenges are particularly more apparent in areas of regulation and supervision of banks. This study pertains to analysis electronic banking as general and electronic banking in Canara bank particularly. Electronic banking as it has demonstrated the velocityof its growth is incredibly fast and efficient. It has allowed individuals includingcompanies to perform their banking businesses from their homes or offices in a verycost-effective way. This study has been shown that with this new technology, it has becomepossible for both the banks and customers to have an immediate insight about thestatus and operation of their accounts.