Payments Banks Face Struggles Amidst Revenue Declines and Regulatory Shifts

Imagine banks that help people who don't usually use banks.

These 'payments banks' were supposed to help, but they're having a tough time.

They aren't making as much money because fewer people are using their services for things like sending money or using ATMs.

New rules and apps like UPI are also causing problems.

Banks want to lend small amounts of money, hoping this will help them do better and serve more people.