The race to make India a cashless econom

The race to make India a cashless economy – Against the backdrop of the demonetization exercise that shook up the Indian economy last November, there’s a major tussle brewing in the consumer banking space in India. Vying for the chance to handle citizens’ money are two major sets of players – the traditional banks, and a new age of “Payments banks” – organizations that have received licenses to run partial banks, where they can accept deposits, offer services like debit… http://ow.ly/wAij50aoTTl

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