- Tuesday, September 27, 2022
By: Sarwar Alam
India is a dominant force in the financial technology sector globally with 29 per cent annual returns on investments, a report released by the City of London Corporation said today. The Corporation — the municipal governing body of the British capital — released the report as part of its launch of a new “Asia Next Decade” campaign. The report also found that the “demonetisation wave” in India led to a 1,000 per cent increase in demand for digital transaction technologies last year after the government banned the high- value bank notes of Rs 500 and Rs 1,000. “Annual returns on…
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