Payment Banks in India: Review and Research Agenda

Abstract

Payment banks were established in order to pave the way for a cashless system and hasten India's transition toward a cashless economy. This was accomplished by accelerating India's path toward a cashless economy. The incorporation of Payment banks into the Indian banking sector can be interpreted as a paradigm change within the context of a differentiated banking model. This study employs ‘payment banks' literacies as its research object, delving into and presenting the trends in scholarly interest in the field through the use of bibliometric analysis. In addition, the study combines a content analysis methodology to improve upon the features' limitations and to propose a future focus, all with the goal of serving as a point of reference for both academic study and practical application.