Advertisement


Advertisement

Thread Rating:
  • 6 Vote(s) - 3.33 Average
  • 1
  • 2
  • 3
  • 4
  • 5
Help ICICI, Vodafone join hands to offer mobile banking
Advertisement
#1

New Delhi, Jan 12 (PTI) In order to take advantage of the mobile teledensity in India, private sector lender ICICI Bank today entered into an agreement with mobile service provider Vodafone Essar to offer financial products such as savings accounts and pre-paid instruments.

This partnership is expected to bring the unbanked and under-banked population into the organised financial services framework and assist in furthering the electronic payments market in India, both the companies said in a joint statement.

ICICI Bank will leverage the distribution strength of Vodafone, which manages over 1.5 million retail points for acquiring customers and servicing them.

"We are very excited about the partnership with Vodafone which will help ICICI Bank in deepening its base within the country. Mobile penetration is growing exponentially in the country of which the rural market forms a major contributor," ICICI Bank Managing Director and CEO Chanda Kochhar said.
PTI
___________________________________________
Airtel Digital HD Recorder / Kerala Vision Digital TV
Reply
Thanks given by:
Advertisement
Advertisement




Possibly Related Threads...
Thread Author Replies Views Last Post
  General News: Govt bans 118 mobile apps including PUBG: Full list nairrk 0 150 09-02-2020, 06:41 PM
Last Post: nairrk
  General News: Man reportedly duped of Rs. 110,000 after linking Aadhaar with mobile number nairrk 0 879 01-13-2018, 08:54 AM
Last Post: nairrk
  General News: Come December,Verify Your Mobile Number With Aadhaar Without Giving Biometric Details nairrk 0 894 11-03-2017, 07:33 AM
Last Post: nairrk
  General News: Railways launches mobile app that does more than just booking nairrk 0 2,312 07-15-2017, 09:13 AM
Last Post: nairrk
  General News: Airtel, Vodafone bring out Aadhar-based e-KYC nairrk 0 766 08-25-2016, 06:11 PM
Last Post: nairrk
  General News: Now get new mobile connection using your Aadhaar card nairrk 0 821 08-17-2016, 01:21 PM
Last Post: nairrk
  General News: UIDAI appeals people to link their mobile numbers to Aadhaar IDs nairrk 0 681 08-02-2016, 11:59 AM
Last Post: nairrk
  General News: Now check your sugar level on mobile with this smart Glucometer nairrk 0 650 07-05-2016, 12:44 PM
Last Post: nairrk
  General News: Pakistan to offer Eurobond worth $1 billion in 2016 SRK 0 801 05-08-2015, 06:41 PM
Last Post: SRK
  Breaking News: Toll free Numbers of Indian Mobile Operators MAHI 0 1,285 01-28-2014, 05:48 PM
Last Post: MAHI

Forum Jump:


Users browsing this thread: 1 Guest(s)
Advertisement