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The Economic Survey for 2023 noted that India has achieved an 87% rate of fintech adoption against the world average of 64% Banks must increase efficiencies and reduce costs to make basic banking ...

India on Sunday launched 75 digital banking units in villages and small towns across the country in a move that it said will help bring financial services and literacy to more citizens. The digital ...

India's government plans another wave of public sector bank mergers by 2027, eyeing smaller banks like IOB and CBI for ...