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At the interbank foreign exchange, the rupee opened strong at 70.55, registering a rise of 26 paise over its previous close of 70.81. (Photo: DC)

Love of cash hinders India's move to digital economy

For many citizens living in rural areas, cash is still the bedrock of daily existence because of a lack of facilities.

14 Nov 2019 9:42 AM IST

Self-help groups typically have limited and unpleasant access to credit and services

India's war against its citizens' financial exclusion

Distance from branch, unsuitable products, arcane language in documents and staff attitudes are some reasons for...

22 May 2019 6:40 AM IST

Electronic payments has given us a new way to pay, but it must not replace cash payments. (Photo: Pixabay)

China says rejecting physical cash is illegal amid e-payments...

The ease of use has meant that some vendors, especially in major cities, have stopped accepting physical cash.

10 Dec 2018 12:25 PM IST