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President's address to the Parliament

 Following is the trascriptof President Pratibha Patil's address to the joint sittingof Parliament on Thursday.Honourable Members, I convey my good wishes to you and to all our people. On behalf of......

Inter-bank mobile payment in 12 more banks soon

 The Inter Bank Mobile Payment Service which is presently offered by 13 banks in the country is expected to be extended by a dozen more banks by the end of the fiscal, according to the Mobile......

RBI wants more banks to launch services on mobile

 The Reserve Bank of India wants more and more banks to launch services on mobile, its Deputy Governor Shyamala Gopinath saidin Bengaluru on Monday.Launching Canara Bank's CanMobile, a mobile......

ICICI Bank to charge for fund transfer over mobiles

 Leading private sector bank ICICI Bank will charge its customers Rs 5 per transaction from next month for transfer of funds over mobile phones, a service available for free as of now.The fee for......

Centre limits charges on electronic fund transfer

 In order to encourage digital transactions, the Union finance ministry on Wednesday asked public sector banks to restrict fees on payments through Immediate Payment Service and Unified Payment......

Banking services through mobiles soon?

 Encouraged by the surge in mobile phone users, banks are exploring the feasibility of using mobile phones for delivering services, the Rajya Sabha was informed on Tuesday. "Banks have been......

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