Back to Search
Start Over
India's Central Bank Raises M-Wallet Limit, But Cuts Cash Access.
- Source :
- CardLine; 5/13/2011, Vol. 11 Issue 19, p42-42, 1p
- Publication Year :
- 2011
-
Abstract
- The article offers information on the increase in deposit limits for mobile wallets by the Reserve Bank of India (RBI). The new deposit limits are upto 50,000 rupees. RBI also announced its decision to treat semi-closed mobile wallets equivalent to other semi-closed prepaid instruments. Several companies that have associated to launch semi-closed mobile wallet services include Bharti Airtel Ltd., Vodafone Essar Ltd., and ICICI Bank Ltd.
- Subjects :
- BANK deposits
Subjects
Details
- Language :
- English
- Volume :
- 11
- Issue :
- 19
- Database :
- Complementary Index
- Journal :
- CardLine
- Publication Type :
- Periodical
- Accession number :
- 60713878