Better late then never. It is still a step in the right direction when the mantra is all about financial inclusion but still the execution of the ambitious step will largely depend on how the Mobile Service Providers will team up with bank to provide the services.The emergence of concept of White Label Atm's is still to take off in India and the combination of these two would serve the right approach for financial inclusion.we can hope this new initiative does not go in the direction of "Banking consolidation" which we have been saying for a long time.
18 Feb 2014 07:39 Read comment
Tobias Henryconsultant at Capco
Anthony PickupConsultant at Capgemini Invent
Manuel CigalaConsultant at Edgar and Dunn Company
Rajesh TengsheConsultant at TCS
Alessandra Moranticonsultant at accenture
Welcome to Finextra. We use cookies to help us to deliver our services. You may change your preferences at our Cookie Centre.
Please read our Privacy Policy.