The new way of Banking Indias wide awake Banking initiatives The Jamnalal Bajaj Institute of worry Studies Mumbai University, Mumbai November 2009 By Saeed Khan learning Systems Consultant Mumbai India electronic replicate available at: hypertext ravish protocol://ssrn.com/abstract=1512188 well-nigh 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 check overet needs promulgated in the playscript 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 c entral verify RBI 3. use of Telecom companies (Telcos) 4. Role of Third political party payment processors 5. Key Issues for active 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 rapid growth of the mobile u sers i.e.400 jillion mobile subscriber mark (Source: TRAI, June 2009) and strong mobile net profit infrastructure make this channel a n important chopine for extending banking services. Banks sust ain now started exploring the feasibility o! f using mobile phones as an selection channel of d elivery of banking services. Few banks have started go randomness based services like balance enquiry, transaction enquiry, positioning of nearest ATM/branch etc. Acceptance of conveying of funds instruction for credit to beneficiaries of same/or another(prenominal) bank in favour of pre-registered beneficiaries have also started by some banks. ...If you want to get a full essay, order it on our website: OrderCustomPaper.com
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