A report from Business.in.com shares that Cisco India had tied-up with Ashok Leyland to build ‘vehicle-to-infrastructure’ communication - Ashok Leyland buses modified to deliver mobile services for emergency medical response, transport management, security and surveillance in defence and government sectors.
Moving ahead, Cisco has started a Bank-on-Wheels initiative for banking in remote rural areas.
Anil Bhasin, senior vice president — Cisco India & SAARC (BFSI and Enterprise), thinks that the cost-effectiveness of this solution will appeal to the banks which have been driven by RBI directives to rapidly reach out to the villages, as only 50,000 of India’s 600,000 villages have organised bank branches.
Read the full report here.
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