UGC SPONSORED NATIONAL SEMINAR ON

Mobile Banking System

and Indian Economy
3rd FEBRAURY, 2016

DEPARTMENT OF ECONOMICS

About Bharathidasan University

Bharathidasan University was established in February 1982, and was named after
the great revolutionary Tamil Poet, Bharathidasan (1891-1968). The motto of the
University "We will create a brave new world" has been framed from Bharathidasan's
poetic words "
". The University endeavours to be true to
such a vision by creating in the region a brave new world of academic innovation for
social change" (NAAC, - 2005, p.69). The year 2006-07 is the Silver Jubilee year for this
great and vibrant University.
About the Department of Economics
The Department of Economics was one of the first departments to be constituted
when the erstwhile Autonomous Post Graduate Centre of the University of Madras was
set up at Tiruchirapalli more than four decades ago. The Department offers M.A.,
M.Phil., and Ph.D. Programmes in Economics. Its academic programmes are constantly
updated, and are intended to provide the tools necessary to understand the working of real
world economies in terms of both theory and policy. In addition to this, the Department
organizes Endowment Lectures, Seminars, Conferences, etc., and also collaborates with
the Academic Staff College to offer Refresher Courses.
Prelude
"The account that travels with you"
This is to be needed in today's fast business environment with unending deadlines
for fulfilment and loads of appointments to meet and meetings to attend. With mobile
banking facilities, one can bank from anywhere, at anytime and in any condition or
anyhow. The system is either through SMS or through WAP. Mobile Banking is the
hottest area of development in the banking sector and is expected to replace the credit /
debit card system in future. In past two years, mobile banking users have increased three
times if we compare the use of either debit card or credit card. Moreover, around 85 90
per cent of mobile users do not have their own credit cards. Mobile banking uses the
same infrastructure like the ATM solution. But it is extremely easy and inexpensive to
implement. It reduces the cost of operation for bankers in comparison to the use of
ATMs.Over the last few years, the mobile and wireless markets have been one of the
fastest growing markets in the world and it is still now growing at a rapid pace.
According to the GSM Association and Ovum, the number of mobile subscribers
exceeded two billion in September 2005, and now (2009) exceeds 2.5 billion (of which
more than two billion are GSM).
A study conducted by the Financial Consultancy Celent has expressed that 35 per
cent of online banking households have used mobile banking services by end of the year
2010. Also showing the upward trend of 70 per cent of bank centre call volume is
projected to come from mobile phones. Mobile banking will eventually allow users to
make payments at the physical point of sale. "Mobile contactless payments will make up
ten per cent of the contactless market in 2010. Another study in 2010 by Berg Insight
forecasts that the number of mobile banking users in the US will grow from 12 million in
2009 to 86 million in 2015. The same study also predicts that the European market will
grow from seven million mobile banking users in 2009 to 115 million users in 2015. In
Asian countries like India, China, Bangladesh, Indonesia and Philippines, where mobile
infrastructure is comparatively better than the fixed-line infrastructure, and in European

countries, where mobile phone penetration is very high (at least 80 per cent of consumers
use a mobile phone), mobile banking is likely to appeal even more.
Mobile Banking System in India
Hundreds of millions of poor Indians who have no access to financial services
could benefit from mobile banking, experts say, as cell phone use grows at breakneck
pace. Banking by phone could transform the workings of the rural economy, but the
industry first needs to allay fears about transaction security and overcome low literacy
levels and banks' limited reach in remote areas. One out of ten in sale of the world's
mobiles are sold in India, according to technology research specialists Gartner, and the
country adds nearly 19 million new mobile subscribers every month, making it the
fastest-growing market in the world. An estimated 775 million people are mobile phone
subscribers. Yet, at the same time, nearly half of the adult population still does not have a
bank account.
The Reserve Bank of India has allowed 39 banks to launch mobile banking
services and recently raised the limit for the amount which can be paid through mobile
phones tenfold, to 50,000 rupees ($1,100). Currently, just five percent of mobile phone
subscribers are registered for the service and of them, a tiny 0.5 per cent uses it regularly,
according to the Business Standard financial daily, quoting industry estimates. It is
thought that 680,000 transactions worth 610 million rupees ($13.55 million) are
conducted every month. "Rail and air ticketing transactions are more frequently done
online than through mobiles," Santosh Singh, analyst with London-based investment
bank Espirito Santo Securities, told AFP. "Growth is slower than expected but it is too
early and lot of time and resources need to be spent to educate customers on usage and
security," added Samaresh Parida, a director of mobile giant Vodafone Essar, which has a
tie-up with ICICI Bank, India's largest private lender.
Significance of the Seminar
The national level seminar makes an attempt to discuss the detail of the mobile
banking system and its support to development of Indian economy. It highlights the
important features of the mobile banking activities throughout India and also expresses
the activities of multiple banking and its benefits of the business environment.
Themes

Prospects of mobile banking system

Mobile banking Challenges and Issues
Origin and Growth of the mobile banking system
Mobile banking System and Indian Economic development
Rural economy and mobile banking system
Economic Services of mobile banking system
Improvement of mobile banking system
Financial Management of banking sector
Banking sector and Indian Economy
Methods and criteria of Mobile banking
Cyber crime and mobile banking

Call for Papers

We are inviting you to contribute a research paper on any of the above mentioned
themes for presentation at the seminar. Interested contributors are requested to send their
full papers (10-12 pages) with abstracts (strictly not more than 200 words) typed in
Microsoft Word (font: Times New Roman, font size: 12, line space: 2). The name(s) of
the author(s) must be clearly typed below the title of the paper on the front page with
address for corresponding author. The appendices, notes and references must be given in
scientific form at the end of the text. The full papers with abstracts should be submitted
both in hard and soft copies (the soft copy may also be sent by email to
vetrivelkvr@gmail.com) to Dr. K. Vetrivel, Organising Secretary, Department of
Economics, School of Economics & Commerce, Bharathidasan University,
Khajamalai Campus, Tiruchirappalli 620023 on or before 10th January, 2016 . The
papers will be reviewed by a peer committee of referees and only the selected papers will
be accepted for presentation and publication.

No Registration Fee
Selected papers will be published
Participants shall have to make their own arrangements for Travel and
Accommodation

Organising Committee
Chief Patron

Patron

Chairpersons

Members

Organising Secretary

Dr. V.M. Muthukumar

Vice-Chancellor, Bharathidasan University
Dr. C. Thiruchelvam
Registrar, Bharathidasan University
Dr. S. Iyyampillai
Senior Professor, Department of Economics
& Chair, School of Economics & Commerce
Dr. M. Thavamani
Professor & Head, Department of Sociology
Dr. L Ganesan
Prof. & Head, Department of Economics
Dr. J.A. Arul Chellakumar
Professor, Department of Economics
Dr. S. Ganesan
Assistant Professor, Department of Economics
Dr. N. Prasanna
Assistant Professor, Department of Economics
Dr. P. Natarajamurthy, Assistant Professor, CYDS
Dr. R. Dhakshinamuthy, Associate Professor, CSSE&IP
,
Dr. K. VETRIVEL
Assistant Professor
Department of Economics, School of Economics & Commerce
Bharathidasan University
Khajamalai Campus, Tiruchirappalli - 620023

Mobile: 09442905073 Email: vetrivelkvr@gmail.com

REGISTRATION FORM

UGC SPONSORED NATIONAL SEMINAR ON

MOBILE BANKING SYSTEM AND INDIAN ECONOMY
3rd FEBRAURY, 2016

Name

Designation

Organisation

Address for
Communication

Mobile No.

E- Mail Address

Title of the Paper

Signature