Sat, Apr 04, 2026 | Updated 10:19 IST
Oct 16, 2024
Mumbai (Maharashtra) [India], October 16: Maha Mumbai Metro Operations Corporation Ltd. (MMMOCL) has taken a groundbreaking step toward enhancing commuter convenience with the launch of WhatsApp-based ticketing by Metro commuters on 11th October 2024. Powered by PeLocal Fintech Private Limited, this innovative service will allow Mumbai Metro commuters to purchase metro tickets directly on WhatsApp, offering an alternative to the mobile app and providing a seamless, user-friendly experience.
A research report highlighted that even if the Reserve Bank of India (RBI) announces a rate cut, deposit costs in the banking system are expected to remain high due to the prevailing high credit-to-deposit ratio.
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