Central Banking

RBI’s Gopinath promotes mobile banking in India

shyamala-gopinath

Shyamala Gopinath, a deputy governor of the Reserve Bank of India, on 22 November said advances in mobile phone technology could broaden the coverage of financial services.

Speaking at the inauguration of Interbank Mobile Payment Service of the National Payment Corporation of India in Mumbai, Gopinath said: "The mobile phone, being more ubiquitous in nature, offers a greater opportunity for effective delivery of financial services and furthering the cause of financial inclusion in a significant

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