A government working group in India has said a $5 trillion economy could be a reality for the country by 2025, with small businesses (SMBs)...
In November 2016, the Indian government issued a ban on the nation’s higher-denomination 500- and 1000-rupee notes, essentially deeming 86 percent of its currency invalid....
India saw a busy year in B2B FinTech as the small business (SMB) community continued to demand enhanced financial services. The nation continues to push...
Half of India’s ATMs may be shuttered in the next few months amid high compliance costs. Will that open the door even wider for digital...
In the battle across India for consumer transactions, in the battle for hearts and minds and wallets, might Mastercard and Visa be losing share? Reuters...
When you want to know something: Follow the money. In India, then, to find out how well, or not so well, demonetization efforts are playing...
Two years in, India is seemingly undergoing “remonetization,” with cash usage growing 10.5 percent and returning to pre-demonetization levels. In fact, use of cash is...
Demonetization was launched in India in an effort to crack down on the nation’s underground economy, boost tax revenues and encourage the transition to a...
Alternative small business lender Power2SME says small businesses’ loan payment times doubled overnight following India’s demonetization efforts, highlighting the impact of going cashless on the...