While Pune was recently entitled ‘most liveable city’ under Ease of Living Index, city’s Cosmos Bank, hailed as one of the oldest cooperative banks in India, was attacked and transactions of nearly 94.42 crore have been carried out in bank accounts outside India. The officials of the cooperative bank located in[Read More…]
Tag: National Payments Corporation of India
Aadhaar Pay boosts digital payment in rural India over 6 times
In a view to accelerating digital payments in the rural sector, government’s Aadhaar Enabled Payments Systems (AEPS), has shown an impressive growth of over six times. “Banks have already deployed around 1.3 lakh micro-ATMs in the country, of which more than 1 lakh terminals are interoperable,” said AP Hota, chief[Read More…]