India’s ₹1 trillion mobile payment system
The value of transactions on India’s state-designed mobile payment system, Unified Payments Interface, has crossed ₹1 trillion in December. What does that mean for the world’s sixth largest economy?
payments bank
January 2019
November 2018
August 2018
February 2018
January 2016
RBI vs the government: A temporary truce
The government is the first to blink after a war of words between the finance ministry and the RBI hit stocks, currency, money and bond markets.
Warren Buffett’s Berkshire Hathaway debuts in India
The legendary billionaire investor’s firm confirmed an investment in Paytm’s parent company One97 Communications.
Aditya Birla Idea Payments Bank starts operations
The entity will compete with Airtel, Paytm and Fino to get India’s unbanked population online.
Move of the year: Digital wallets
You could call him a magician. Or you could call him a banker (of sorts). A music lover (“I love U2”). A startup whiz. Or just a successful entrepreneur who knows how to make people spend, and spend smart. Or, as most people do, call him Vijay Shekhar Sharma, founder of arguably the best-known digital wallet in the country, Paytm. We call him the face of the move of the year.
