Business Today

The Bharat Breakthrough

Rural and small town India was deprived of the benefits of banking innovations for decades. UPI, with its fast spread and ease of use and adaptability, is breaking the digital divide between India and Bharat.

Often my work takes me out of the city or my office, be it business meetings or visiting my bank's branches. During such outdoor trips, for any expenses incurred on, say fuel and food, I have been using my credit card. Swipe, Pin and Go!

However, of late, something has changed the way I have been paying bills. Credit card has been replaced at many places by the UPI (Unified Payments Interface) app. Whether it is for cab service, recharging DTH, paying electricity bill or ordering anything online, I am able to make

To improve the ease and convenience of UPI use, they offered some feedback too:

You’re reading a preview, subscribe to read more.

More from Business Today

Business Today1 min read
Plane Pain
▶ The top three players have rebounded after Covid-19 by growing sales quickly ▶ SpiceJet failed to reach the pre-Covid level of sales even in FY23 *2022-23 IS AKASA’S FIRST FULL YEAR OF OPERATIONS SOURCE DGCA ▶ Leading airlines have been experiencin
Business Today3 min read
Road Warrior
IN THE HEART of Khalid Wani, who is the Senior Director of Sales for the India region at the American storage drive maker, Western Digital, beats the rhythm of a fervent traveller. He’s a man who believes passionately that the most precious memories
Business Today11 min read
The Dark Side Of Gold Loans
THE RBI ASKED the company to immediately stop its gold loan operations, which accounts for a third of its business. The reason: the regulator found some major lapses in how the company handled the loans. When the regulator looked into the company’s f

Related Books & Audiobooks