Role of Payments Banks in India

  • Unique Paper ID: 168218
  • Volume: 5
  • Issue: 9
  • PageNo: 191-197
  • Abstract:
  • A new model is emerging in India. Payments banks, which will soon be offering basic banking and payments services for the country's unbanked and underserved, will leverage technology to digitise payments and promote widespread access to banking. Payments banks are unique because they take a market-driven approach to deliver on financial inclusion goals.

Cite This Article

  • ISSN: 2349-6002
  • Volume: 5
  • Issue: 9
  • PageNo: 191-197

Role of Payments Banks in India

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