A Brief Intro to Indian Post Payment Bank : Industry Insight

Need for Payment Banks 1. A vast majority of the rural population (over 60%, as per RBI), is still unbanked or underbanked. An easily accessible payments network and universal access to savings is fundamental to financial inclusion. 2. Being included in the formal financial system helps people: Make day-to-day transactions, including sending and receiving money. … Read moreA Brief Intro to Indian Post Payment Bank : Industry Insight

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