RBI appointed a technical committee on mobile banking to conduct an in-depth study of the challenges faced by banks in taking mobile banking forward to the desired level. The Commitee is headed by B. Sambamurthy, Director, Institute for Development & Research in Banking Technology. Mobile subscriber addition in india increased by 3.16 million in June 2013. Total mobile subscriber base has increased to 873.36 million. Mobile Subscribers in rural india is contributing to more 2.91 mn of the 3.16 mn. USSD Technology is seen as a viable solution to financial inclusion through mobile banking but has a lot of implementation challenges.