Bharti Airtel has partnered with Axis Bank to use combined forces of telecom and banking to offer financial inclusion (FI) to thousands of Indians who still don’t have any access to banking. Called Airtel Money Super Account powered by Axis Bank, the mobile platform will be powered by Airtel
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Mobile Banking has really caught up in India – according to recently conducted survey by ACI Worldwide, 76% of Indian mobile respondents used their mobiles for banking in last 6 months. This percentage is highest across the world. Comparatively, only 38% respondents from US, and 31% from UK used
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Apps of most Indian banks are still in an evolving stage. While some are compatible on Android, many are not yet geared for the iPhone platform and many major nationalized Indian banks still haven’t come out with mobile banking applications at all. Most features offered on apps of Indian
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The contentious issue of CEO salary and compensation to the senior executives across organizations has often spurred adverse reactions from the general public at large. A glaring example of this differential approach was witnessed during the 2008-recession; prior to which people wowed every record-breaking salary hike announced for the
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The Maharashtra government is going full throttle the online way. While online VAT payment is mandatory since more than a year now, the state government has moved a step forward to ensure that all types of tolls, taxes and statutory fines are paid online to plug loopholes in the
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Implementing portability scheme is any form of service is the best way to ensure that the customer remains the king. While mobile number portability empowered telecom subscribers to ditch their erring operators; health insurance portability allowed customers to switch between, their life and non-life insurance, service providers. More than
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Since the RBI deregulated savings bank deposit rates in October 2011, Yes Bank took the lead to shore up its portfolio with low-cost savings deposits by offering 6 percent interest rate, prompted by its lowest savings bank to total deposit ratio in the industry. Other smaller banks like IndusInd
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Raghu: “Today is just not a good day for me” said Raghu in an angry tone. Which caught Nitin’s attention from away from his computer? Nitin: “What happened Raghu, never seen you so stressed.” Raghu: “Dude I just went to the ATM and withdrew Rs 5,000 only I don’t
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Mobile Banking is the future of financial transactions going forward – With over 800 million Indian users carrying mobile phones, it becomes an ubiquitous platform to push financial inclusion across the masses. It is expected that Mobile Banking will be USD 350 Billion Industry by 2015. In last couple
» continue readingNot all of us are informed and aware of the terms that are used in a home loan or how a home loan will affect our lives in the future. People who are not from a finance background may not even understand some of the most basic home loan
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