As the government resolutely pushes digital payments in a bid to move India towards a less-cash economy, a look at why tension is brewing between fintech firms and large banks
The PhonePe fiasco was the first serious manifestation of turf battles and insecurities that emerged in India’s financial technology sector after it withdrew high-value bank notes in November. Photo: iStockphotoFirst Published: Fri, Apr 14 2017. 12 32 AM IST
