In addition to the problem of long queues at automated teller machines, there would be the problem of guiding new cardholders, especially in rural and semi-urban areas, on how to use those cards, some bankers told Business Standard.
The problem is set to grow following issuance of 75 million new RuPay cards in the next six months with the launch of the Jan Dhan Yojana.
Former chairman of the UIDAI Nandan Nilekani, elucidates how Aadhaar could become the spine for alternative banking and could replace government services with cash benefits.
In a nation divided by many things, the 12-digit unique identity number is holding lives to ransom.
Telecom Secretary J S Deepak has resolved the toughest issues facing the sector, but his real test will be in delivering on the govt's Digital India dream
'Modi's visit is path breaking in the sense that India has come out of the closet and is prepared to deal with Israel openly and in a host of fields, military as well as civilian,' says P R Kumaraswamy, one of India's leading experts on the Middle-East, currently in Israel.
While Indian IT has known what is coming and has a strategy ready to combat it, the same can't be said about the country and the government.
Accused No 1 announced that there had been a change in the circumstances of her health condition. She produced a thick 19-page document, written in her neat, very feminine handwriting, detailing her condition, its symptoms and the consequences it could have on her health and well-being.
Enthused by India's financial inclusion drive, US-based Accion, one of the biggest micro finance organisations in the world, has renewed its focus in India. Michael Schlein, bottom, left, chief executive officer of Accicon, tells Namrata Acharya in an email interview the Wall Street and Silicon Valley are eager to participate in opportunities presented by the issuance of the small finance and payment bank licences, the expanded banking correspondent opportunities, and the Jan-Dhan Yojna.
The Supreme Court on Wednesday put a poser as to why there was no objection from lawmakers on the government's decision to make Aadhaar mandatory for making PAN cards, a move which was given effect by the latest budget from July 1.
More people will be literate, on the Internet, linked to the national identification scheme and likely to receive electricity, especially from alternative-energy sources.
The govt has a lot more to do then just open bank accounts for the poor in the Jan Dhan scheme.
She needs to find innovative ways to at least match the growth during Gehlot's rule.
Any saving on the car loan EMI can translate into major savings.
The proposed Road Transport and Safety Bill, likely to be cleared by the Union Cabinet next week and introduced in Parliament in its current session, seeks to make Indian roads safer by imposing hefty penalties for violation of traffic rules.
The proposed Road Transport and Safety Bill, likely to be cleared by the Union Cabinet next week and introduced in Parliament in its current session, seeks to make Indian roads safer by imposing hefty penalties for violation of traffic rules.
Andhra Pradesh now comes third in ease of doing business.
Nandan Nilekani and his wife Rohini are trying to improve education across India.
New Delhi bureaucrats, accustomed to leisurely lunches, golf in the afternoon and long weekends, have been shaken out of their somnolence, say authors. Fear and suspicion hang heavy over the red-sands.
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