Deputy Managing Director
by Sunil Kulkarni, on April 29, 2014 on iamwire.com
Year 2000 to 2010 can be termed as the decade of ICT i.e. Information & Communication Technology in India. Indian software industry reached global scale and mobile telephony clocked close to 600-700 million mobile subscribers by 2010 in a 1.2 billion people economy.
This decade 2011 to 2020 is arguably “Payments Decade” for the simple reason that this is an area, where like the case of mobiles in year 2000, there is a large gap between what is available today and what can be made available, as regulatory regime has become progressive to business growth.
A look at RBI statistics as on December 2013 gives a lot of insights.Read on...