Posts by Chetna Batra
A critique of RBI's proposal to regulate pre-paid payment instruments in India
[Co-authors: Gausia Shaikh and Bhargavi Zaveri]
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. Some PPIs are akin to zero-interest deposits as they allow ...