India 's Guntur District Cooperative Central Bank is launching a mobile banking app for farmers . The Guntur Bank will let farmers carry out transactions from their smartphones . Only 28 of the district co - operative central banks ( DCCBs ) across the country have received mobile banking licences from the Reserve Bank of India , according to Ravi Shankar , managing director of Andhra Pradesh Co - operative Bank . Chairman of GDCCB Mummaneni Venkata Subbaiah, CEO D.V. Subramanyeswara Rao, Chief General Manager, APCOB, Kosaraju Tulasi Prasad, were present. Of the eight DCCBs in the state of Andhra Pradesh who received them , Guntur is one of four to have launched the facility .
India 's Guntur District Cooperative Central Bank is launching a mobile banking app for farmers . The Guntur Bank will let farmers carry out transactions from their smartphones . Only 28 of the district co - operative central banks ( DCCBs ) across the country have received mobile banking licences from the Reserve Bank of India , according to Ravi Shankar , managing director of Andhra Pradesh Co - operative Bank . Of the eight DCCBs in the state of Andhra Pradesh who received them , Guntur is one of four to have launched the facility .