Abstract
Banking sector has always been the lifeblood of any economy and specifically of developing economies.With advent developments and technological advancements this sector has seen a transformation from its conventionalform to e-banking and recently to m-banking. The present study is an attempt to describe the current state of Mobilebanking in India. This paper is an assessment towards the impact of m-banking on the profitability of scheduledcommercial banks in India. The data pertaining to the usage of mobile banking and profitability measures of allscheduled commercial banks in India has been collected through RBI website and CMIE Database for the period from 2010 to 2020. Itwas found in the study that although the usage of m-banking has tremendously increased during the period of study,it has not played any significant role towards improvisation in the profitability of these banks. Also, m-banking hasbeen suffering from network effect as currently it is in its developing stage and most of the banks have recentlyincluded the concept of m-banking in the portfolio of their services. It has been opined in the paper that if all thebanks could proceed to the path of m-banking in a proper manner, the overall profitability due to m-banking willimprove in coming years.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.