Lack of awareness about the banking facilities in rural areas makes cashless economy an unarchived dream. The rural population covers about 66% of India’s total population, according to the World Bank. Karnataka covers around 4.5% of the rural population in India, according to the 2011 data provided by Reserve Bank of India (RBI). The people […]
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Despite the increasing popularity of digital transactions, rural Karnataka is crippled by poor digitization. By Surbhi Shah Bengaluru: A coconut seller in the city has an option for online payment but a restaurant in the countryside does not even have a machine to swipe credit cards. Nothing illustrates the rural-urban divide in digitisation better. “In […]
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Chetan B S, who is visually impaired, turns to friends, family or colleagues for withdrawing cash from ATMs. Sometimes he even avoids going to ATMs and goes to banks for the same. “It’s really difficult for people like us to manage with the ATMs which are not talking ATM. Next issue is with the keypad […]
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