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ICICI Securities: Digital Adoption Accelerates India’s Banking Pace; UPI, Online Spending Leads; July Card Spends Not Robust 

ICICI Securities: Digital Adoption Accelerates India’s Banking Pace; UPI, Online Spending Leads; July Card Spends Not Robust

The digital payment service PhonePe, operated by Flipkart Online Services Pvt., is demonstrated during an arranged photograph in Bengaluru, India. (Photographer: Samyukta Lakshmi/Bloomberg)
The digital payment service PhonePe, operated by Flipkart Online Services Pvt., is demonstrated during an arranged photograph in Bengaluru, India. (Photographer: Samyukta Lakshmi/Bloomberg)
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