TABLE OF CONTENTS Certificate; Declaration ; Acknowledgment; Research Methodology ; List of Acronyms ; Abstract; CHAPTER ONE; Introduction ; 1.1 India's Growth Story ; 1.2 Telecommunications a key driver for development; 1.3 Evolution of Mobile Phones ; 1.4 Emergence of Mobile Technology in India; 1.5 The current State of Indian Wireless Telecom market; 1.6 Trends and Opportunities in the Wireless Segment; 1.7 M-Services: Inclusive Growth through Mobile Phones ; CHAPTER TWO; Interface between Technology and Banking ; 2.1 Concept of Banking ; 2.2 Employment of Technology in the Indian Banking Sector; CHAPTER THREE; Mobile Technology and its adoption in the Banking Sector ; 3.1 The Mobile Commerce Perspective ; 3.2 Mobile Banking an Overview ; 3.3 Mobile banking Services ; 3.4 Mobile banking in India; 3.5 Mobile banking in the developing world; some highlights from Kenya ; 3.6 Emerging Trends in M-Banking ; 3.7 Advantages of Mobile Banking ; 3.8 Overall Impact of Mobile Banking ; CHAPTER FOUR; Risk Assessment Framework for Mobile Technology in Banking Sector ; 4.1 Device Overview; 4.2 Risk Assessment Framework for Mobile Technology ; 4.3 Implications of the Risk Assessment Framework ; CHAPTER FIVE; Mobile Technology: Security Issues, Challenges and Implications ; 5.1 Assets ; 5.2 Security issues and Challenges ; 5.3 Security Implications of Mobile technology ; 5.4 Safeguards ; CHAPTER SIX; Legal Framework for Mobile Technologies in India: It's Role in Addressing Various Security issues ; 6.1 Mobile law in India ; 6.2 Role of Judiciary in addressing various Cyber Security Issues ; 6.3 Mobile Service Providers and their Liability ; 6.4 Role of law in Mobile Banking and Payments ; 6.5 Mobile Operators position in Mobile Banking .; Conclusion ; Bibliography.