Archive for July 19th, 2008

India witnessing new dawn of mobile banking

Image via Wikipedia
The Economic Times
Opposite Suresh Photo Studio, adjacent to a temple, 38-year old Kamla sells roses, marigold and orchid garlands. Back home in Muzaffarpur, Bihar, Kamla’s mother now receives Rs 200 (about $5USD) every week on her mobile sent by Kamla.
India is witnessing a new dawn of banking with mobile phone. From a rickshaw [...]