E-finance involves conducting financial transactions over the internet and can improve access to financial services. Internet usage in India is growing, with 4.8 million users, and e-commerce allows business-to-business and business-to-client trading online through stockbrokers. While e-banking and e-finance face challenges like training staff and some customers not being tech-savvy, they offer advantages like reduced costs, increased liquidity and transparency. Cybercrimes and ensuring network security are important considerations for e-finance.