An employee use a payment terminal at a supermarket in Mumbai, India, on January 28, 2017. (Photographer: Dhiraj Singh/Bloomberg)

A Critique Of RBI’s Proposal To Regulate Pre-Paid Payment Instruments In India

Demonetisation has reportedly given a fillip to the use of digital pre-paid payment instruments (PPIs) in India. PPIs are stores of value which can be used for the purchase of goods and services. S...

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