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India’s Digital Payments Sector Evolves

Fintech companies in India are changing the banking landscape in the country.

  • The funding comes at a time when the Reserve Bank of India, said it was working on its own digital currency.

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  • In May, Walmart-owned PhonePe signed the term sheet to acquire an over 90% stake in Indus OS, to boost its super app dream on the back of the latter’s content and app discovery platform.

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