Govt norms ensure no one makes money in payments space, says Axis Bank head Amitabh Chaudhry

Private sector lender Axis Bank on Wednesday said government mandates on the payments space ensure that no one can make money in the segment. The bank's chief executive and managing director Amitabh Chaudhry feared that smaller entities will not be able to survive amid such diktats.

from Banking/Finance-Industry-Economic Times https://ift.tt/iNUhXmE