3min chapter

Paisa Vaisa with Anupam Gupta cover image

The Fi-Neobank Special

Paisa Vaisa with Anupam Gupta

CHAPTER

Can We Create a Sweep Product?

Banks in India are trying to create a 'sweep' savings account service. Users can put money into different types of accounts, including mutual funds and stocks. The aim is to move people away from the current high interest rates on deposits. It's hoped that this will lead to more customers looking for higher yields.

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