December 15th, 2010 2:39 PM 10 COMMENTS

Axis Bank Goes Mobile with Idea Cellular

Axis Bank, India’s third largest private bank, and IDEA Cellular, the pan-India mobile operator, today announced the signing of a Memorandum of Understanding (MoU). Whereby Idea will act as a ‘Business Correspondent’ of Axis Bank to provide an entire range of financial products and services offered by the Bank, through the mobile operator’s retail outlets. The association will be flagged-off with a ‘remittance pilot’ between Dharavi in suburban Mumbai and... Read More

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