Mobile Banking services introduced in Madya Pradesh Madhya Pradesh have been introduced the mobile banking services under the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) on experimental basis in eight districts to disburse wages to labourers in their villages itself.
Mobile banking has until recently (2010) most often been performed via SMS or the Mobile Web
Mobile Banking refers to provision and availment of banking- and financial services with the help of mobile
telecommunication devices.The scope of offered services may include facilities to conduct bank and stock market transactions, to administer accounts and to access customised information.
The success of this experiment, the state MP State government has been planning to extend mobile banking services to remaining other 42 districts of the state.
Mobile banking Service has started experimentally in Madya Pradesh state.The MP States government bringing the mobile banking service for the development of the state and the easy way to the people of the state to know the information updates through SMS.
Related searches:Mobile Banking services,Madya Pradesh,Mahatma Gandhi National Rural Employment Guarantee Scheme,MGNREGS,MP State government.
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