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“Mobile Banking could be the Future of Microfinance”

“Mobile Banking could be the Future of Microfinance”

Vikram Akula, founder and CEO of SKS Microfinance in a freewheeling interview with IndiaKnowlege@Wharton presented some insights with respect to the future of mobile banking in India and how it can be used to leverage Microfinance models.
 
 
Mobile banking (also known as M-Banking, mbanking, SMS Banking etc.) is a term used for performing balance checks, account transactions, payments etc. via [...]

M - Commerce & Mobile Wallets A Reality in India Soon Courtesy the RBI Policy Statement on June 15

M - Commerce & Mobile Wallets A Reality in India Soon Courtesy the RBI Policy Statement on June 15

 
Brace up. After the 15th of June, you probably will be able to use your mobile phone as a debit card or a credit card.
 
 
The Reserve Bank of India, in its annual policy statement on Tuesday, said it was in the process of formulating the guidelines for a payment system using mobile phones. RBI is in [...]