Indias wide awake Banking initiatives
The Jamnalal Bajaj Institute of Management Studies
Mumbai University, Mumbai
November 2009
By Saeed Khan
Information Systems Consultant
Mumbai India
Electronic imitate available at: hypertext ravish protocol://ssrn.com/abstract=1512188
About 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 market needs published in the 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 saeed@aol.in
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 bank RBI
3. Role of Telecom companies (Telcos)
4. Role of Third political party payment processors
5. Key Issues for Mobile 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 are explored as a new stemma in India.
The rapid growth of the mobile u sers i.e.400 jillion mobile subscriber mark (Source:
TRAI, June 2009) and strong mobile net profit infrastructure made this channel a n important
chopine for extending banking services. Banks have now started exploring the
feasibility of using mobile phones as an alternative channel of d elivery of banking
services. Few banks have started go information based services like balance
enquiry, transaction enquiry, placement of nearest ATM/branch etc. Acceptance of
transfer 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. [1]...If you want to get a full essay, order it on our website: Ordercustompaper.com
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