India’s Payments Power Moves
PYMNTS
SEPTEMBER 3, 2018
In 2016, Prime Minister Narendra Modi put forth a policy that took the largest banknotes in circulation out of the system (500 rupee and 1,000 rupee bills), a move intended to reduce tax evasion and corruption. Online Retail Growth. The central bank said in August that it had gotten roughly 99.3
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