Develop the nature of your study:
The nature of the study should include the following:
Research method: quantitative, qualitative, or the mixed methods
Research design in alignment with your research method
Data needed, how you will access the data, and provide indications that the needed data can be accessed.
Description of data collection method: direct observation, interviews, survey instrument, experimental design, archival, proprietary information, publicly available data, etc.
Description of any data collection instrument(s) that is planned to be used and any pilot study needed (e.g., if you design your own survey).
Description of planned data analysis, including statistical tests

Remember, the prospectus and proposal should be written in the future tense.

Automation in the banking sector