T.m.a pai

Today, repeat transactions are consummated in two modes: postdated cheques (PDCs) or cash. Both are problematic because they are high friction. Photo: AP

UPI 2.0: The digital pigmy

5 min read . 01 Jan 2018
T.M.A. Pai was a co-founder of Syndicate Bank. Photo: Mint

Before Thaler there was Pai

8 min read . 14 Oct 2017