At present, financial institutions and telcos can choose whatever business model suits their needs i.e. One-to-One or One-to-Many; however, I can foresee that in future, only interoperable solutions shall fasten both scalability and viability.
Here, let me assure that all 4  BIS central bankers’ speeches  the existing and the prospective One-to-One or One-to-Many arrangements between banks and the Telcos would not be affected with the proposed regulatory framework. I must acknowledge the efforts and initiatives adopted by Ministry of Information Technology and the PTA towards the promotion and development of Mobile Banking in the country.