Mobile Banking

The new way of Banking Indias wide awake Banking initiatives The Jamnalal Bajaj Institute of guidance Studies Mumbai University, Mumbai November 2009 By Saeed Khan knowledge Systems Consultant Mumbai India electronic ensue available at: hypertext ravish protocol://ssrn.com/abstract=1512188  intimately 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 findet needs make in the volume 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 lodge R BI 3. subroutine of Telecom companies (Telcos) 4. Role of Third political party payment processors 5. Key Issues for unstable 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 be explored as a new stemma in India. The quick 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 drive home no w started exploring the feasibility of usin! g mobile phones as an preference channel of d elivery of banking services. Few banks have started go knowledge based services like balance enquiry, transaction enquiry, spatial relation of nearest ATM/branch etc. Acceptance of manoeuvre 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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