This section is fully dedicated to the Tech Banking. A decade before, it was tough to belief that banking secctor will be at a finger tip. Now its possible. A mobile hand set with a connection is the only instrument needed to make a gateway to your banking transaction, the latest innovation of technology.
Apart from the Mobile Banking, including of SMS Banking, Net Banking and ATMs are the major steps taken by the banks in India towards modernisation. With all these devises and systems, there is a complete freedom to experience.
Check your account, transfer your fund, make payments and what more, do anything of everything what has been followed in physical banking since ages. But this time no standing for hours in front of cash counter and no time boundation in withdrawing your own money.
| Economy of India | |
 |
|
| Currency | 1 Indian Rupee (INR) (₨) = 100 Paise |
|---|---|
| Fiscal year | April 1–March 31 |
| Trade organisations | WTO, SAFTA |
| Statistics | |
| GDP (PPP) | $5.21 trillion (PPP) (2008 est.) (3rd) |
| GDP growth | 9.6% (2006/07) |
| GDP per capita | $978 (nominal); $2,659 (PPP) [7] |
| GDP by sector | agriculture: 19.9%, industry: 19.3%, services: 60.7% (2006 est.) |
| Inflation (CPI) | 12.01% (26 July 2008)[1] |
| Population below poverty line | 25% (2002 est.) [8] |
| Labour force | 509.3 million (2006 est.) |
| Labour force by occupation | agriculture: 60%, industry: 12%, services: 28% (2003) |
| Unemployment | 7.8% (2006 est.) |
| Main industries | textiles, chemicals, food processing, steel, transportation equipment, cement, mining, petroleum, machinery, software, services |
| External | |
| Exports | $125 billion (Financial Year 2006-2007) |
| Export goods | textile goods, gems and jewelry, engineering goods, chemicals, leather manufactures, services |
| Main export partners | US 18%, the People's Republic of China 8.9%, UAE 8.4%, UK 4.7%, Hong Kong 4.2% (2005) |
| Imports | $187.9 billion f.o.b. (2006 est.) |
| Import goods | crude oil, machinery, gems, fertilizer, chemicals |
| Main import partners | the People's Republic of China 7.2%, US 6.4%, Belgium 5.1%, Singapore 4.7%, Australia 4.2%, Germany 4.2%, UK 4.1% (2005) |
| Public finances | |
| Public debt | $132.1 billion (2006 est.) |
| Revenues | $109.4 billion (2006 est.) |
| Expenses | $143.8 billion; including capital expenditures of $15 billion (2006 est.) |
| Economic aid | donor: $17.3 million (2006) |
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