Page-5 of Mobile payments in India Current Affairs, GK & News

FM asks banks to push for cashless transactions

Finance Minister Arun Jaitley has asked banks to push for cashless transactions by promoting digital banking in mission mode. Post demonetisation, the government not only aims to weed out black money but also encourages digital payments to steer the Indian economy increasingly towards digital transactions. Banks have been advised to focus on alternative banking channels ..

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