Thursday, March 27, 2014

Getting out of cash- what can banks do?

The mobile is of course just a channel, and adoption of this new way of making payments or even checking your account balance is easy, but only once people have learnt to trust and use the app. While trust will spread by word-of-mouth of satisfied customers, we still don't see massive ad campaigns on using the phone as a quick and easy way to do basic transactions. RBI tells us that 80 banks have been allowed to give mobile banking services, of which 64 have started, but not many banks have ad campaigns out...........

Read - TOI

A BANKER YOU JUST COULD NOT IGNORE

Reserve Bank of India deputy governor KC Chakrabarty, who will quit in April, evoked love and hate in equal measure. He often took on the might of the establishment, but will be remembered for making banking more customer-friendly. He also passionately believed in financial inclusion, writes Sangita Mehta........


Read - TOI

Obiturary

Smt Sunanda Deole, wife of Shri Ratnakar Deole, Ex-CGM, Premises Department passed away early morning on 26th March 2014  in Singapore after a brief Illness. May her Soul rest in peace.

Shri Deole can be contacted on ratnakar_deole@hotmail.com