Volume : 2, Issue : 11, November - 2013

Mobile Banking

Ms. Jasdeep Kaur, Ms. Pragya Madan

Abstract :

Mobile banking has emerged as new alternative way of banking which is more convenient and user–friendly than traditional form of banking. It reduces the customer requirement to just a mobile phone, turning the concept of anytime, anywhere banking into reality. In this paper, we will share what is mobile banking (m– banking), RBI guidelines for mobile banking in India, advantages of adopting this new technology both for the banking sector as well as the consumer and issues which needs to be addressed relating to this new form of banking