Ganga Narayan Rath and Chirayu Sharma

Ganga Narayan Rath and Chirayu Sharma

Ganga Narayan Rath is a former central banker and Chirayu Sharma, an independent researcher.

Credit Cards Lose Their Skin, Not Their Relevance

As UPI absorbs low-ticket flows, credit cards are being disintermediated at the surface but entrenched beneath as embedded credit rails.

Ganga Narayan Rath and Chirayu Sharma

April 1, 2026 at 4:58 AM IST

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