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.

Copyright & License

Copyright © 2025 Authors retain the copyright of this article. This article is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.

BibTeX

@article{168218,
        author = {Sattar Badekhannavar},
        title = {Role of Payments Banks in India},
        journal = {International Journal of Innovative Research in Technology},
        year = {2024},
        volume = {5},
        number = {9},
        pages = {191-197},
        issn = {2349-6002},
        url = {https://ijirt.org/article?manuscript=168218},
        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.},
        keywords = {},
        month = {October},
        }

Cite This Article

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

Role of Payments Banks in India

Related Articles