The State Bank of India is planning to partner with the Indian Ministry of Communications, which will enable the bank to sell its products through the post office network of 1.5 lakh branches across the country.
The Trade ministry of Vietnam is planning to strongly develop e-Commerce to face the challenges in the country’s world integration process.
Soon, villagers of remote areas in Andhra Pradesh (AP), India, will have the convenience of biometric based smart card and enjoy the facility of ‘anytime money’ in their villages.
The Nepal Government is planning to launch a rural information and communications scheme in the country, so that people in the rural and remote areas would be benefited from the latest developments in the field of ICT.
A Reserve Bank of India (RBI) panel has suggested that banks clear cheques through electronic transfer of funds. At the same time customers can use free Internet based transactions.
H.R. Bhardwaj, the Union Law Minister (Government of India) has said that the Centre had approved a scheme with an outlay of INR 450 crore for computerisation of around 15,000 district and subordinate courts in order to provide them with the benefits of information and communication technology (ICT).
The Life Insurance Corporation (LIC) has pioneered micro-insurance to increase its penetration into semi-urban and rural India.
This would be the first time not only in India but also in South Asia to offer air-tickets in ATMs. Andhra Bank has tied up with Kingfisher Airlines to offer customers to purchase the air-tickets through the bank’s 400-strong ATM network across the country.
Reserve Bank of India (RBI) is planning to offer bundles of banking services with mobile telephone SIM card. This initiative will push branch banking into the background with rural banking going mobile.
The State Bank of India (SBI) has decided to set up 5,000-6,000 rural kiosks to encourage banking habits among the rural people of India. SBI is trying to bring corporate sector for this programme.
