Multi-function ATMs for Indian banking sector
26 March 2009

HCL Infosystems has partnered with Korea based Nautilus Hyosung, to provide complete ATM solutions for Indian banks across the country with special emphasis on service offering for rural India. Under the agreement, the organisation will provide a range of products and services to the Indian banking sector.

SBI to set up biometric ATMs in Gujarat, India
16 February 2009

The State Bank of India (SBI) is planning to install 150 touch-screen biometric ATM machines across the state of Gujarat by the end of the year 2009. The initiative is aimed to reach out to the rural and under privileged population who can withdraw cash on the basis of their thumb impression.

NABRAD launches e-Banking facility in rural Balangir
27 December 2008

As a part of its pilot project, the National Bank for Agriculture and Rural Development (NABARD) will soon launch e-banking systems in Balangir district to reach vulnerable groups and the poor people living in remote areas.

m-Commerce for Rural Areas : The RBI's Push
24 October 2008

With the recent announcement by the RBI to increase the daily transaction limit for cash transactions from INR 2,500 to INR 5,000 and the daily transaction limit for goods and services from INR 5,000 to INR 10,000. Mobile transactions, mobile payment companies are going bullish on the prospects for m-commerce — especially in the rural unbanked space.

HDFC Bank launches financial inclusion programme in Ranchi
01 October 2008

HDFC Bank has launched its financial inclusion programme in Ranchi under the protection of the Reserve Bank of India.

Smart cards, machines taking banking to poor man's doorstep
25 September 2008

ICICI Bank and the International Finance Corp (IFC) will soon start micro deposit machines to take banking services to the doorsteps of the poor. With the use of smart cards and these machines, people can make deposits at any time and and get a receipt at the point of transaction without any paperwork.