India Broadband Forum
Rural M-Banking To Be National Priority
This is a discussion on Rural M-Banking To Be National Priority within the News discussions forums, part of the General offtopic discussions category; Manmohan Singh, the prime minister of India, has asked the Department of Telecom to set up a committee to study ...
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09-11-09, 05:52 PM
| #1 |
| Bronze Member Join Date: Jul 2009 Age: 30
Posts: 112
Rep Power: 1  |  Rural M-Banking To Be National Priority Manmohan Singh, the prime minister of India, has asked the Department of Telecom to set up a committee to study facets of mobile banking in order to launch services in rural India. Authentication norms, know-your-customer norms and best practices will be part of the study. The financial inclusion project is all set to become a national priority and the pilot project will bring financial services over the mobile medium to select villages by 2012. News Digest: Docomo,Telecordia, Adlabs, M-Banking, Nilekani, AccessKenya, Sun Direct, Kerala, Bharti, NDS | MediaNama |
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09-11-09, 11:12 PM
| #2 |
| Platinum Member  Join Date: Jan 2009 Location: New Delhi
Posts: 2,215
Rep Power: 9  | In many parts of Rural India, even basic banking is a distant dream. I hae seen many such places with posters like "keep money in post office - its always safer" or "keep money in bank, its better than the sahukar" etc. |
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09-22-09, 04:43 PM
| #3 |
| Bronze Member Join Date: Jul 2009 Age: 25
Posts: 282
Rep Power: 1 | Rural banking of many district regions is being uplifted. There were many irrational practices of exploiting farmers from the rural region by providing them interest loans for farming. Banking in these location can will change the monetary functioning of the rural areas. |
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| mbanking, national, priority, rural |
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