Reliance Communication and SBI launch Mobile Banking Service
Reliance Communication has joined hands with India’s biggest bank, State Bank of India and has launched Mobile Banking Service for its subscribers. Subscribers can avail facilities like balance inquiry, mini statement, fund transfer, cheque book issuance, mobile recharge and bill payment using their cell phones.
Mobile Banking has been successfully running in the country but hasn’t shown a big response. Do you think Mobile Banking Services have a better future in the country?