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Asian Journal of Research in Banking and Finance
Year : 2014, Volume : 4, Issue : 1
First page : ( 46) Last page : ( 54)
Online ISSN : 2249-7323.

Mobile Banking: A Boon in India

Dr.  Kritika*,  Ruchi**, Pruthi Amit***

*Teaching Assistant, Faculty of Commerce & Management Studies, Bhagat Phool Singh Mahila Vishwavidyalaya, Khanpur Kalan, Sonepat, India

**Research Scholar, Department of Commerce, Maharshi Dayanand University, Rohtak, India

***Student, Guru Jambheshwar University of Science & Technology, Hisar, India

Online published on 6 January, 2014.

Abstract

In modern era, Mobile Banking is a popular term. Mobile banking means a financial transaction conducted by logging on to a bank's website using a cell phone, like viewing account balances, making transfers between accounts or payments etc. In recent time, mobile banking is most often performed via SMS or the Mobile Internet but can also use special programs called clients downloaded to the mobile device. The main objective of this paper is to analyse the recent scenario of mobile banking in India. This paper used secondary information in the light of the requirement of the research objective. As far as secondary data is concerned it is collected through various secondary sources like books, magazines and journals.

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Keywords

Mobile Banking, ATM, Micro- payment.

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