Mobile banking surge in India

  1. Context: According to RBI data, value of transactions concluded over smartphones surged 46% in recent months
  2. Why? Banks encouraged businesses to manage their finances using mobile phones
  3. Also, the smartphone usage among retail customers has expanded rapidly
  1. Context: According to RBI data, value of transactions concluded over smartphones surged 46% in recent months
  2. Why? Banks encouraged businesses to manage their finances using mobile phones
  3. Also, the smartphone usage among retail customers has expanded rapidly
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