Denemek ALTIN - Özgür
"OUR UNIQUE GLOBAL BANKING NETWORK SIMPLIFIES CROSS-BORDER PAYMENTS"
Businessworld India
|February 11, 2023
In an interaction with BW Businessworld, Rashmi Satpute, Country Manager, Wise India speaks about the remittance market, what makes Wise different, future plans, and much more
-
What is your outlook on the remittance market?
India is fintech-forward and home to one of the most connected populations. Digital payments have really taken off, recording 29 per cent growth in March 2022, according to the newly constituted RBI's digital payment index. We're seeing innovation in the local payments system thanks to UPI.
Finally, remittances to India are set to reach $100 billion based on the World Bank's data. Similarly, outflows under the RBI's Liberalised Remittance Scheme (LRS) grew 54 per cent in FY22 with overseas travel and education spending as key growth factors. These numbers indicate the magnitude of importance of remittances in India.
How is India as a market for Wise?
Bu hikaye Businessworld India dergisinin February 11, 2023 baskısından alınmıştır.
Binlerce özenle seçilmiş premium hikayeye ve 9.000'den fazla dergi ve gazeteye erişmek için Magzter GOLD'a abone olun.
Zaten abone misiniz? Oturum aç
Businessworld India'den DAHA FAZLA HİKAYE
BW Businessworld
A NOVEL THAT GLIDES THROUGH MANY REALMS
Journalist Nikhil Kumar strides into the arena of fiction with aplomb. His novel navigates continents and decades, capturing both the rarified world of architecture and the intimate spaces where relationships fracture
2 mins
December 13, 2025
BW Businessworld
"Huge Capacities Are Required"
DV Kapur on India's energy future, the need to balance coal and renewables, his eponymous foundation, and much more
2 mins
December 13, 2025
BW Businessworld
METAL, MUSIC & MOTORCYCLING
From the new Bullet 650 to the Flying Flea C6 and S6 electric scrambler concept, Motoverse 2025 brought together heritage motorcycles, next-gen EVs, riding culture and a vibrant global community
5 mins
December 13, 2025
BW Businessworld
Redefining Unalloyed Nationalism
In My Idea of Nation First, author UDAY MAHURKAR argues that India's future governance is inseparable from its understanding of the past,\" writes Srinath Sridharan
3 mins
December 13, 2025
BW Businessworld
"We have consistently delivered an annual ROI of approximately 40 per cent"
Dushyant Singh, a food & beverage entrepreneur, has over 15 years of experience in building F&B brands, including On The House, Rustic, and The Lama. BW Businessworld recently caught up with Singh to chat about his latest venture, Coffee Sutra, a favourite among coffee aficionados in Jaipur. Excerpts
4 mins
December 13, 2025
BW Businessworld
"The AI Race Won't Be Decided By Models & Tokens, But By Economics"
PHILIPP HERZIG, Chief Technology Officer at SAP, discusses the changing mandates of tech leadership, the next phase of AI adoption, SAP's rapid progress with Joule and RPT1, and why India is core to SAP's future, in an interaction with BW Businessworld's Rohit Chintapali. Excerpts
4 mins
December 13, 2025
BW Businessworld
“The genie is not going back in the bottle”
Al will reshape commerce faster than any previous industrial shift, and businesses must now design for scale, trust and permanence rather than novelty, says DIARMUID GILL, Chief Technology Officer, Criteo, in this conversation with Noor Fathima Warsia
2 mins
December 13, 2025
BW Businessworld
PREMIUM PUSH
With Aston Martin watches and 200 new exclusive stores, Timex India sharpens its premium ambitions and long-term growth play
4 mins
December 13, 2025
BW Businessworld
Carrot & Stick Game
Unlisted shares are typically valued based on demand–supply dynamics, rather than on core fundamentals, as detailed financial information is usually limited
3 mins
December 13, 2025
BW Businessworld
STEADY ASCENT
In a fiercely competitive market, can home appliances and durable company Kenstar's calibrated expansion across categories and towns unlock its Rs 3,000-crore revenue ambition?
6 mins
December 13, 2025
Translate
Change font size