Wednesday, July 25, 2012

Mobile banking has failed to take off in India: RBI

.........The Reserve Bank of India (RBI) Deputy Governor H R Khan has hinted that mobile banking has failed take-off in India and hence has called upon banks and mobile companies to work together for the benefit of their customers. At a seminar in Bhubaneswar, Khan said that the growth rate in the value and the volume of mobile based transaction is much lower compared to the number of bank accounts and number of mobile subscribers.............

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