According to a leading service provider, more than 50% of account holders are expected to come under mobile banking in the next five years with the RBI increasing the cap on mobile banking to Rs.50000/- a day. RBI recently hiked the limit for mobile banking transactions to Rs.50000/- from Rs.5000/- in a day.
Source: http://www.business-standard.com/india/news/over-50-account-holders-to-be-under-mobile-banking-by-2015/83321/on
OVER 50% ACCOUNT HOLDERS TO BE UNDER MOBILE BANKING BY 2015
Labels: BANKING N FINANCE
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