Hi FTTT/Ezyrider,
If you go back to the link to the Bloomberg article you posted FTTT, you will note that Ezyriders link to RBI guidelines highlighted in great deal what the plan was going to be for payment banks etc. Click on link below and re-read all the paragraph under point #14.
http://hotcopper.com.au/threads/the...2300460/page-69?post_id=13617751#.U9cwObHrWSp
Interesting times.
Tony