Payments Banks:Empowering Digital India

Authors

  • M. Yadagiri Telangana University, Nizamabad
  • G. Srinivas Telangana University, Nizamabad

DOI:

https://doi.org/10.33516/maj.v50i10.17-21p

Abstract

The setting up of payment banks is an exciting opportunity for digital financial inclusion. They have the potential to overhaul existing banking habits. Financial inclusion is the main goal behind creating payment banks. It is easier this way for a person to get a bank account. Besides, there is a need for transactions and savings accounts for the underserved population.

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Published

2015-10-01

How to Cite

Yadagiri, M., & Srinivas, G. (2015). Payments Banks:Empowering Digital India. The Management Accountant Journal, 50(10), 17–21. https://doi.org/10.33516/maj.v50i10.17-21p

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Cover Story