Rupali Bank introduces mobile banking for students

“This is the first state-owned banks that introduced such a service in order to give stipend to the students through mobile banking account,” said a Rupali Bank press release issued on Monday. Initially, the service has been introduced in 89 upazilas across the country and the bank will soon expand it across the country gradually. As chief guest, Mostafizur Rahman, minister for Primary and Mass Education, formally inaugurated the service at a function held in the capital on Monday. A deal was signed between ministry and the bank over providing stipend through mobile banking at the function.  Humayun Khalid, secretary for the Ministry of Primary and Mass Education and M Farid Uddin, managing director of Rupali Bank signed the deal on their respective behalves. The ceremony was attended, among others, by Rupali Bank Chairman Monzur Hossain and Deputy Managing Director Debasish Chakrabarty.