Only 22% recipients of migrant remittances have access to banks within 1 km, claims study
When it comes to using mobile payments, only 6% of the migrants use this mode to send money home while just 9% of the recipients use mobile phones for receiving money.
Mudit Kapoor| Manali
Last Updated: October 10, 2019 | 17:28 IST
Despite the government's digital inclusion push, only 22% recipients of migrant remittances have access to banks within 1 km, according to a report by the Centre for Digital Financial Inclusion (CDFI).