The number of transactions using mobile banking in India have gone up by 167.43% while the amount has shot up by 102.63% in a time frame of February 2011 to August 2011. The average amount per transaction stood at Rs 0.083, though we believe that the transaction information shared by the RBI with us includes both payment and non payment related transactions. Some observations: - As on August 2011, the total number of mobile banking transactions stood at 18,92,066 while the amount transacted was at Rs 12486.31 lakhs. - The amount transacted encountered a 17.53% slack in August 2011 from July 2011. - February 2011 saw Rs 6161.91 lakhs being transacted - the lowest in the given time period while July 2011 saw the maximum amount of transactions with Rs 15141.54 lakhs. Data Source: Reserve Bank Of India, via RTI Share data sources with us: contact email@example.com Advertise: To advertise on Chart of the Day, contact firstname.lastname@example.org. Daily and segment-wise options available.
- India’s central bank launches pilot of e-Rupee for retail segment: Here’s everything to know November 29, 2022
- Event Announcement: Reworking the Data Protection Bill, Delhi, 8th Dec #Ad November 29, 2022
- Telegram Discloses Names, Numbers, IP Addresses of Alleged Copyright Infringers to Delhi HC November 29, 2022
- Nashik residents question the linking of Aadhaar with Voter ID November 29, 2022
- What can we learn about crypto scams from WazirX’s latest transparency report? November 29, 2022
MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.
The Structure and Style of a Dogma Community: Conspiracy theories and organized Twitter engagement on Sushant Singh Rajput
Studying the 'community' supporting the late Sushant Singh Rajput (SSR) shows how Twitter was gamed through organized engagement
Do we have an enabling system for the National Data Governance Framework Policy (NDGFP) aiming to create a repository of non-personal data?
A viewpoint on why the regulation of cryptocurrencies and crypto exchnages under 2019's E-Commerce Rules puts it in a 'grey area'
India's IT Rules mandate a GAC to address user 'grievances' , but is re-instatement of content removed by a platform a power it should...
Why ‘group privacy’ should be recognised, and how ‘non-personal’ data becomes a regulatory blindspot
There is a need for reconceptualizing personal, non-personal data and the concept of privacy itself for regulators to effectively protect data
Please subscribe to MediaNama. Don't share prints and PDFs.
You May Also Like
Google has released a Google Travel Trends Report which states that branded budget hotel search queries grew 179% year over year (YOY) in India, in...
135 job openings in over 60 companies are listed at our free Digital and Mobile Job Board: If you’re looking for a job, or...
Twitter takes down tweets from MP, MLA, editor criticising handling of pandemic upon government request
By Aroon Deep and Aditya Chunduru You’re reading it here first: Twitter has complied with government requests to censor 52 tweets that mostly criticised...