Remarkably, 1.2 billion people—almost 90 percent of India’s population—signed up for a digital ID in less than a decade, about half of them linking their new ID to their bank account (see chart 1).

In an era where technology underpins progress, India’s journey in crafting and scaling its Digital Public Infrastructure (DPI) offers a blueprint for transformative growth and inclusion. The ambitious ...

In today’s rapidly changing financial landscape, providing an excellent digital experience is essential to gaining a customer experience-driven competitive edge. As we step into 2025, digital ...

A savings bank ... use the account in the most convenient manner. For instance, in the world of digital banking, there are people still comfortable with conventional accounts, especially in India ...

HDFC Bank is the largest bank in India in terms of market cap and the fourth-largest bank in the world on the same terms. As one of the leading private banks in India, it holds a prominent ...

Within five hours while sitting at home in India, retired professor Kamta Prasad Singh handed over his hard-earned savings to ...

“Net new card additions increased in December 2024, indicating an improved sentiment. However, the overall view remains ...

On his last day as the governor of the Reserve Bank of India (RBI), Shaktikanta Das shared his vision to transform India’s economy with a home-grown central bank digital currency (CBDC), the ...

In less than six years, the share of the digital economy will become larger than that of agriculture or manufacturing in the ...

Taking approval from existing customers poses a major challenge, particularly in semi-urban and rural areas, where many customers do not use digital banking channels. “Obtaining consent from ...