fbpx

COVID-19 | Official online Resource and News Portal. For more information, visit www.sacoronavirus.co.za

10 Challenges That Could Make or Break India’s Payments Banks

In the year since it was launched, India’s national financial inclusion drive has generated plenty of headlines – and even scored a Guinness World Record. The Reserve Bank of India (RBI) announced that it has issued in-principal approval to 11 of the 42 applicants that requested Payments Bank (PB) licenses. The government’s goal for these banks is that they further financial inclusion. This article explores the potential impact of this decision.

Cleo Turner
Cleo is DFI's CDFP coach and helps our students with the apply section of the Certified Digital Finance Practitioner (CDFP) program. As part of her role Cleo shares useful resources and insights from a wide variety of sources and authors with our community.

Leave a Reply