Mobile Banking Leads to Financial Inclusion in India - PowerPoint PPT Presentation

About This Presentation
Title:

Mobile Banking Leads to Financial Inclusion in India

Description:

Mobile banking - A new way of banking leads to financial inclusion in India. Go through the PPT to know more about mobile banking. – PowerPoint PPT presentation

Number of Views:271
Slides: 6
Provided by: riyarai

less

Transcript and Presenter's Notes

Title: Mobile Banking Leads to Financial Inclusion in India


1
Mobile Banking Leads to Financial Inclusion in
India
2
Mobile Banking
  • The lack of financial inclusion has been one of
    the main concerns that India has faced for
    decades altogether. However, due to the rise and
    advent of technology and the internet, it has
    become extremely easy to reach out to a large
    number of people thereby leading to financial
    inclusion.

3
Internet offered Mobile Banking
  • The internet has offered a unique platform for
    banks and other financial institutes to offer
    their services online via their own website. This
    website then becomes globally accessible to any
    person located in the country. However, it is the
    rise of mobile banking in India, which has
    propelled financial inclusion across both the
    rural as well as urban parts of the country. This
    is because there are more people in the country
    who are making use of a mobile phone than there
    has ever been in the past.

4
Some of the key features of mobile banking
include
  • A person can access their accounts while on the
    move. They can check their account balance
    engage in banking as well as non-banking
    activities. People can review recent
    transactions, pay bills, locate ATMs, manage
    investments, deposit cheques, etc
  • They can receive alerts on their mobile device
    regarding the debits made via their account and
    receive constant updates about their bank balance
  • Mobile banking is available 24/7 for 365 days a
    year. Not only is it a very convenient option,
    but it is extremely easy to make use of,
    especially for people living in rural parts of
    the country
  • Mobile banking makes use of telecom operators and
    does not rely on an internet connection

5
Thank You
Write a Comment
User Comments (0)
About PowerShow.com