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Paytm Dispels the Notion That Payments Banks Can’t Be Profitable in India
Nearly a third of all mobile banking transactions in India are powered by PPB and the firm claims it processes over Rs3 lakh crore worth of digital transactions annually, next only to the country’s largest lender State Bank of India.
- Categories
- Finance
- Region
- South Asia
- Tags
- digital payments, fintech
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A Young Entrepreneur Is Building the Amazon of Bangladesh
Blending online and offline commerce, Deligram is one of a number of emerging startups in the country.
- Categories
- Technology
- Region
- South Asia
- Tags
- e-commerce
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Perspective: Will Facebook Make Crypto Relevant For The Underserved?
Earlier this month, the WSJ reported that Facebook is building a team and getting its crypto ducks in a row to launch a “cryptocurrency-based payments system on the back of its gigantic social network.” Public details on the effort are thin and may have been outshone by news that one of Facebook’s co-founders is calling for the company to break up. But the fintech world is predictably aflutter about the perils and opportunities of a brand new digital coin that could allow users to hold and send money safely and securely to nearly every socially networked person on the planet.
- Categories
- Finance, Technology
- Region
- South Asia
- Tags
- cryptocurrency, fintech
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India Is Shutting Down ATMs Even as People Use Them More
India already has the fewest ATMs per 100,000 people among BRICS nations, according to the International Monetary Fund.
- Categories
- Finance
- Region
- South Asia
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India’s Technology Sector Driving Economy
The shift is attributed to a sharp rise in hiring by existing and new global in-house centres (GCCs) due to technology innovation activities in India for their global markets.
- Categories
- Technology
- Region
- South Asia
- Tags
- employment
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Payments Banks: How RBI’s Move for Financial Inclusion Quickly Went Downhill
In theory, RBI wanted to extend organised banking services to those left unbanked by traditional lenders.
- Categories
- Finance
- Region
- South Asia
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How Effective Is India’s Government, Compared with Those in Other Emerging Markets?
The number one issue for Indian voters, according to multiple surveys, is jobs. While India has a long way to go in building the requisite levels of job-ready skills and education in the country’s abundant labor pool, it performs the strongest among the EM5 in Talent Development as well as on other key questions we sought answers to as part of our analysis.
- Region
- South Asia
- Tags
- governance
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Viewpoint: The Ups and Downs of India’s Digital Transformation
In an analysis we wrote in November 2017, we argued that demonetization was only part of India’s larger, strategic digital transformation. Since then, the institutional and economic evolution in India has accelerated in many ways and some of that change has been reactive and corrective.
- Categories
- Finance, Technology
- Region
- South Asia
- Tags
- digital payments
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