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Payments Banks in India: Can They Promote Social Inclusion?

The motivation for introducing payments banks in India came from the lack of access and prevalent financial literacy. Before initiating and setting payments banks, the Reserve Bank of India went through several policy considerations to promote financial inclusion. Aditee Dash explains the meaning and advent of payments banks in India. Aditee also understands its function and its contemporary role in democratising banking systems.


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Lawctopus Law School
Lawctopus Law School
Unacademedy
Unacademedy