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Prepare road map for small merchants' entry into digital fold, Finmin tells lenders

  • Dheeraj Tiwari--The Times of India
  • published date: 2022-11-22 18:01:20 UTC

"Banks are now working on the standard operating procedure, the scope of services, and a performance measure matrix," said an official, adding that the Indian Banks' Association, or IBA, will also be engaged to bring private banks on board. Another bank execu…

The finance ministry has asked banks to work out the roadmap for bringing small merchants and traders within the fold of digital transactions. "Banks are now working on the standard operating proce… [+1128 chars]