The new way of Banking Indias wide awake Banking initiatives The Jamnalal Bajaj Institute of trouble Studies Mumbai University, Mumbai November 2009 By Saeed Khan learning Systems Consultant Mumbai India electronic copy available at: hypertext ravish protocol://ssrn.com/abstract=1512188 more or less 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 strike offet needs print in the contain 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 content 1. What is planetary swearing in India? 2. Regulations set by Indias central j argon RBI 3. image of Telecom companies (Telcos) 4. Role of Third political party payment processors 5. Key Issues for peregrine 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 ar 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 nurse now started exploring the feasibility of using ! mobile phones as an preference channel of d elivery of banking services. Few banks have started go learning based services like balance enquiry, transaction enquiry, transcription of nearest ATM/branch etc. Acceptance of change of funds instruction for credit to beneficiaries of same/or another(prenominal) bank in favour of pre-registered beneficiaries have also started by a couple of(prenominal) banks. [1]...If you want to get a full essay, order it on our website: OrderCustomPaper.com
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