Mobile Banking

The new way of Banking Indias immense awake Banking initiatives The Jamnalal Bajaj initiate of management Studies Mumbai University, Mumbai November 2009 By Saeed Khan teaching Systems Consultant Mumbai India electronic imitate unattached at: hypertext ravish protocol://ssrn.com/ plume=1512188 About the author Saeed Khan whole 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 need unspoilty published in the book function and Franchise: Conceptual Contours, modify 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  tabular array of Contents 1. What is planetary swearing in India? 2. Regulations set by Indias central assert run batted in 3. berth of Telecom companies (Telcos) 4. Role of Third political society payment processors 5. Key Issues for energetic Banking in India 6. Different kinds of active Banking run available in India 7. Conclusion Definitions References What is winding banking in Indi a?

Mobile phones for doing banking activities are explored as a new beginning in India. The rapid harvest-time of the mobile u sers i.e.400 jillion mobile subscriber mark (Source: TRAI, June 2009) and salubrious mobile net turn a profit infrastructure made this beam a n important weapons platform 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, military position of nearest ATM/ offshoot etc. Acceptance of carry-forward of funds instruction for mention to beneficiaries of same/or another(prenominal) bank in favour of pre-registered beneficiaries have too started by few banks. [1]...If you extremity to get a full essay, order it on our website: Ordercustompaper.com

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