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India’s ICICI Bank Looks to Make 100 Villages ‘Cashless’ in 100 Days
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India’s ICICI Bank Looks to Make 100 Villages ‘Cashless’ in 100 Days

India’s ICICI Bank Looks to Make 100 Villages ‘Cashless’ in 100 Days

Fintech Nexus Staff·
Asia/PacFintechNews Roundup
·Nov. 28, 2016·1 min read

Prime Minister Modi’s plan to demonetize has put a lot of strain on much of Indian society, now the ICICI Bank is looking to ease that burden by helping to make 100 villages cashless in 100 days; the plan was born out of a successful program that made one village cashless in 2015; the 100 villages will be spread throughout the country and will help 10,000 people overall; local people will be able to use their mobile phones to transact with merchants and banks.  Source

 

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