How India's top treasurers will aid the unbanked
May 19, 2015
India’s corporations move into banking with new payments rules
India’s central bank grants licences for the new category of ‘payments bank’ to enable non-financial corporations to target individuals without bank accounts.
The Reserve Bank of India (RBI) has given the go-ahead for a number of non-financial corporations to become payments banks, in a bid to boost its financial inclusion agenda.
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