MIIT-Mobile Banking & Wallet

P-REVIEW March 2012

STATE BANK GLOBAL IT CENTRE

We have crossed the Mobile Banking registration target of 2 million for the period 2011-12!
Mumbai Circle has emerged on top with the highest number of Registered users since
inception of Mobile baking!

Date: 19-04-2012

STATE BANK GLOBAL IT CENTRE

2

Projects on hand Mobile Wallet

DESCRIPTION

Developments

Virtual prepaid account for bill payments,

remittances and more.
Operated through Business Correspondent
Model. Currently with Oxigen.
Topup of Mobile wallet can be done through CSP,
and Mobile Banking.

Launch-in January 2012 with limited facilities.

Fund Transfer-Wallet to SBI bank account would
be made available by 21st April, 2012.
Funds Transfer through IMPS- Shall be launched
by 21st April, 2012

Date: 19-04-2012

STATE BANK GLOBAL IT CENTRE

SLIDE NUMBER:1

Projects on hand IMPS Merchant Interface

DESCRIPTION

Pull & Push based merchant transactions

through IMPS.
Tested through Oxigen as merchant.

UPDATE

New application builds with revised IMPS

merchant transaction facility shall be
released by 15th April 2012.
Billdesk- Integration for pull based
transactions is in process.

Date: 19-04-2012

STATE BANK GLOBAL IT CENTRE

SLIDE NUMBER:2

Projects on hand IRCTC Merchant

Integration
DESCRIPTION

Railway Ticket booking from IRCTC web portal

through IMPS.

UPDATE

Integration with IRCTC in progress.

UAT proposed on 14th Apr 2012

Accounting procedure Approval awaited from

New Businesses Dept.

Date: 19-04-2012

STATE BANK GLOBAL IT CENTRE

SLIDE NUMBER:3

INITIATIVES
1)Simplify
Registration through INB
Registration- INB INB adopted SI model for routing.
Raised IR with CBS (Dev) on 10th Feb 2012.

RegistrationATM

Date: 19-04-2012

Registration through ATM

Program for matching Mobile number
captured by ATM with that of CBS. Development
is over.
Shall be deployed by 21st April, 2012.

STATE BANK GLOBAL IT CENTRE

SLIDE NUMBER:4

INITIATIVES
2) Enhancement OTP generation through IVR has been tested.
of transaction
Awaiting business approvals for roll out.
limits for USSD &
SMS

3) IMPS through
USSD

Interfaced with NPCI gateway for routing USSD

requests through *99#.
Testing is in progress with MTNL and BSNL.
Propose to test with Idea during April, 2012

Date: 19-04-2012

STATE BANK GLOBAL IT CENTRE

SLIDE NUMBER:4

CIRCLE WISE REGISTRATION

Circle
MUMBAI
HYDERABAD
AHMEDABAD
NEW DELHI
BHOPAL
LUCKNOW
PATNA
NORTH EAST
CHANDIGARH
BHUBANESWAR
CHENNAI
BENGAL
BANGALORE
KERALA
Others
GRAND TOTAL

Cumulative upto March

2011
85,027
73,770
2,39,698
57,133
1,80,425
26,532
48,570
34,725
75,533
37,062
84,983
27,309
21,920
19,856
455
10,12,998

Date: 19-04-2012

Apr 2011-Mar
Cumulative upto March
2012
2012
4,86,662
5,71,689
4,06,972
4,80,742
2,95,970
5,35,668
2,55,084
3,12,217
2,10,458
3,90,883
1,96,714
2,23,246
1,63,891
2,12,461
1,37,993
1,72,718
1,34,564
2,10,097
1,14,128
1,51,190
88,653
1,73,636
79,170
1,06,479
40,809
62,729
20,459
40,315
378
833
26,31,905
36,44,903

STATE BANK GLOBAL IT CENTRE

SLIDE NUMBER:5

Performance Indicators
st

CUSTOMER BASE AS ON 31 March, 2012.

Market Share in Feb 2012(Transaction Volume)
Market Share in Feb 2012 (Transaction Value)
Reconciliation
No. of complaints resolved during the month
No. of complaints pending beyond 7 days
No. of users with Financial/ Non financial
transactions in MAR-2012
No. of users with Financial transactions in MAR-2012
No of Financial txns (April 2011 - MAR 2012 )
No. of Non-financial txns(April 2011-MAR 2012 )
Total transactions from April, 2011 to MAR, 2012
Date: 19-04-2012

36.45 lacs
83.70%
49.00%
Up to date
3711
Nil
5.89 lacs

3.85 lacs
176.30 lacs
317.72 lacs
494.02 lacs

STATE BANK GLOBAL IT CENTRE

SLIDE NUMBER:6

State Bank FreedoM Market Share Feb 2012

RBI Data
Transaction Volume

STATE BANK OF INDIA

ICICI BANK LTD
CITI BANK
UNION BANK OF INDIA

AXIS BANK LTD

STATE BANK OF TRAVANCORE
HDFC BANK LTD.
BANK OF BARODA

83.7%

SOUTH INDIAN BANK

Others

Market Share Txn Value-

Date: 19-04-2012

STATE BANK GLOBAL IT CENTRE

SLIDE NUMBER:7