Indian money GYMing

I was just thinking , with the advent of computerization in our neighbourhood banks how simple handling money in business has become. Even if we assume that the goverment will not print any new money. Money in Indian business and economy is being made to sweat like never before.
For illustration :

Scenario in 1990's

When you had to send money from say Delhi to Mumbai.The normal procedure used to be
you submit an application for a D.D. in the morning get your D.D. ( demand draft) made the next day. Send it by registered post to Mumbai.Reaches Mumbai 7-10 days later is deposited in the local bank takes anywhere between 3-5 days for the money to be credited in your account.

That means a cycle time of about 15 days !!!!

Scenario 2005 :
Want to send money from Delhi to Mumbai ? Deposit a cheque in a corresponding bank in your city and it reaches it's destination on the 2nd day ( same day in case of high value cheques) . Total cycle time of 2 days max . That is a revolution for financial markets and commerce in general.

Actually you are making the same amount of money work 7fold !!!!!!!
So in general people and business have a faster turnaround for their money and doing business becomes more and more convinient.

This I would say is just one example of technology helping people work more efficiently .

Leaving for ISB tommorrow. Really looking forward to go there since it gives me my only real chance to prove myself as a thought leader going forward in life.