indian currency

India’s KYC Mobile Payments Roadblock
India’s KYC Mobile Payments Roadblock
March 22, 2018  |  Mobile Payments

In late 2016, India’s government surprised the world with a decision to push the race for payment digitization from a marathon to a sprint, by...

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Cash Crunch Lingers In India
Cash Crunch Lingers In India
November 21, 2016  |  International

The removal of 500-rupee and 1,000-rupee notes from circulation in India have caused all sorts of unintended consequences, and those unintended consequences could be far-reaching...

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India’s Banks React To Run On ATMs
India’s Banks React To Run On ATMs
November 15, 2016  |  International

On Tuesday (Nov. 8) India’s government issued a ban on high-denomination banknotes, which has resulted in lenders bringing in 2 trillion rupees ($29.8 billion) as...

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Indian Currency: No More 500- or 1,000-Rupee Notes
Indian Currency: No More 500- or 1,000-Rupee Notes
November 08, 2016  |  Cash

And just like that, two swaths of Indian currency are gone. Prime Minister Narendra Modi has announced that the country’s 500-rupee and 1,000-rupee banknotes are...

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