The new way of Banking Indias wide awake Banking initiatives The Jamnalal Bajaj Institute of circumspection Studies Mumbai University, Mumbai November 2009 By Saeed Khan entropy Systems Consultant Mumbai India electronic sham available at: hypertext ravish protocol://ssrn.com/abstract=1512188 close to the author Saeed Khan works currently as an Information Systems Consultant with Hindustan Unilever Ltd., India. He is an MBA from the Jamnalal Bajaj Institute of Management Studies, Mumbai, India. His piece named Franchising in India - Simply what the goalet needs publish in the rule book Agency and Franchise: Conceptual Contours, edited by Mr. P. Satyanarayana Prasad published by ICFAI University Press, India ISBN:8131422887; ISBN-13:9788131422885. He can be reached at firstname.lastname@example.org Electronic copy available at: http://ssrn.com/abstract=1512188 Table of contents 1. What is planetary swearing in India? 2. Regulations set by Indias central marge RBI 3. percentage of Telecom companies (Telcos) 4. Role of Third political party payment processors 5. Key Issues for wandering(a) Banking in India 6. Different kinds of Mobile Banking services available in India 7. Conclusion Definitions References What is mobile banking in Indi a?
Mobile phones for doing banking activities argon explored as a new stemma in India. The fast growth of the mobile u sers i.e.400 jillion mobile subscriber mark (Source: TRAI, June 2009) and strong mobile net profit infrastructure do this channel a n important chopine for extending banking services. Banks a gree now started exploring the feasibility ! of using mobile phones as an selection channel of d elivery of banking services. Few banks have started go tuition based services like balance enquiry, transaction enquiry, side of nearest ATM/branch etc. Acceptance of fare of funds instruction for credit to beneficiaries of same/or another(prenominal) bank in favour of pre-registered beneficiaries have also started by few banks. ...If you want to get a full essay, order it on our website: OrderCustomPaper.com
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