https://www.taxtmi.com/article/detailed?id=6078 Mobile banking is a primary channel to advance financial inclusion by lowering transaction costs, creating traceable records, and enabling account based payments via mobile apps, SMS and USSD; operational forms include mobile wallets and IMPS (using MMID/MPIN). The Reserve Bank of India limits services to domestic rupee account transactions, permits banks to use Business Correspondents, and has adjusted transaction caps and encryption thresholds while banks may set board approved limits. TRAI's 2012 quality of service rules require telecom facilitation of SMS/USSD/IVR access, timely message delivery, USSD fallbacks, and transaction record keeping. en-us Sat, 21 Feb 2015 10:39:08 +0530 Wed, 11 Feb 2026 15:56:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=6078 Mobile banking is a primary channel to advance financial inclusion by lowering transaction costs, creating traceable records, and enabling account based payments via mobile apps, SMS and USSD; operational forms include mobile wallets and IMPS (using MMID/MPIN). The Reserve Bank of India limits services to domestic rupee account transactions, permits banks to use Business Correspondents, and has adjusted transaction caps and encryption thresholds while banks may set board approved limits. TRAI's 2012 quality of service rules require telecom facilitation of SMS/USSD/IVR access, timely message delivery, USSD fallbacks, and transaction record keeping. Articles Corporate Laws / IBC / SEBI Sat, 21 Feb 2015 10:39:08 +0530 https://www.taxtmi.com/article/detailed?id=6078