Changing eKYC regulations: Are FI's ready to make a headway?
India ranks as one of the top two countries in the world in terms of digital adoption as per a McKinsey report. Over the last few years, initiatives such as Aadhaar, the national biometric digital identity program, have included over a billion Indians. India has also pioneered the United Payments Interface (UPI), a singular platform available as a mobile app that allows instant and cost-effective money transfer across people and businesses.