Inside the chaotic race to tokenize cards
With 10 days to go for the deadline, online transactions are expected to be hit as card networks, banks and businesses are far from ready. Will the RBI relent?
Subscribe to read this story
We publish over 500 original, detailed stories every year on startups, corporates, stock markets and economic current affairs.
$99 for one year
Not ready to subscribe? Sign up for a free account
We value our free readers. Read 100+ stories every year.
More in Internet
You may also like
Are minimum balance rules out of sync with modern banking?
ICICI Bank’s steep hike in minimum balance requirements and subsequent U-turn raise questions about whether these rules can and should endure.
UPI data reveals uncomfortable trends
The latest digital spend numbers released by NPCI reveal stress in both consumption and household finances. Will the incongruence with the government’s narrative make this exercise a one-off?
RBI’s rate cuts fail to arrest India’s economic decline
Despite the go-go narrative, it is clear that the country’s economic growth is in a funk. What’s more, history shows that further interest rate cuts to fuel stalled growth will be as futile as flogging a dead horse.