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Indian government to permit rural m-banking from July

Indian government to permit rural m-banking from July

People will be able to withdraw cash and transfer funds using their mobile phones in rural areas after the government approved the framework for introduction of such facilities by the banks. The government wants them to begin the roll-out from 31 July and complete it by the end of next year. The idea is to [...]

The post Indian government to permit rural m-banking from July appeared first on Payments Cards & Mobile.

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