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Growth of mobile banking lower-than-expected in India, says RBI

Jan 02, 2014

Growth of mobile banking lower-than-expected in India, says RBI

The Reserve Bank has expressed its disappointment over the lower-than-expected spread of mobile banking in the country saying the awareness levels of this tool has been wanting. #Internet #RBI #Reserve Bank of India #Banking #NewsTracker #Mobile banking
Mobile banking services Trai sets tariff at Rs 1.50 a session

Nov 28, 2013

Mobile banking services Trai sets tariff at Rs 1.50 a session

Aiming to promote use of mobile banking services across India, telecom regulator Trai has come out with guidelines and tariff on unstructured supplementary service data (USSD)-based mobile banking services. #Business #telecom #NewsTracker #Mobile banking #Tariff #SMS #mobile #banking services
RBI to review feasibility of SMS-based mobile banking on all handsets

Oct 10, 2013

RBI to review feasibility of SMS-based mobile banking on all handsets

A Technical Committee on Mobile Banking has been set up to "examine the options/alternatives including the feasibility of using encrypted SMS-based funds transfer using an application that can run on any type of handset for expansion of mobile banking in the country," the central bank said. #RBI #Mobile banking #SMS-based funds transfer
Why mobile banking is more on paper and less on mobile

Sep 13, 2013

Why mobile banking is more on paper and less on mobile

There is no doubt that mobile subscriber base as well as consumer opting for mobile banking is increasing in India. But, challenges like education and awareness, complexity of operations, handset and security issues along with pricing issues amongst various players first need to be sorted out #India #Raghuram Rajan #Mobile banking #SMS #PersonalFinance #Rajan
Spoilt for choice Here are 5 tips on mobile banking

Nov 23, 2012

Spoilt for choice Here are 5 tips on mobile banking

If you are not sure which mobile banking option you should choose, the following are a few simple ways to help you decide which option suits you better. #Mobile banking #SMS #apps #PersonalFinance #Internet Banking