A closer look at banking operations shows us how much more efficient it is for banks to switch from cash to “less cash”.
Savings groups and cooperatives are an effective way to reach the unbanked.
In order to pave the way for a digital economy, the government must push digital payments in its own realm, by making it easier for citizens to transact with its own entities without cash. It is already on its way there,
Established on 11 November 1919, the Union Bank of India (UBI) is headquartered in the city of Bombay, now known as Mumbai. Union Bank plays...