According to UTI Mutual Fund MD U K Sinha, a fundamental change has swept over his native village in Bihar ever since the use of electronic money transfer became widespread. Earlier, he said at a CII function, the mother-in-law had a lot of power as in the saas-bahu serials since money transfers from the son used to come via money orders. Now that they come directly to the daughter-in-law’s mobile phone, the power equation in the households has changed.

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