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ICICI Bank Captures Top Share of Top Remittance Market by Catering to Migrant Workers’ Diverse Requirements
The Mumbai-based bank's offerings include the new text-enabled smsNcash, which allows recipients without bank accounts to withdraw funds sent to them.
Remittances Offer Promise of New Revenue and New Markets to Banks
Banks finally are developing standards and collaboration to capitalize on the $15 billion revenue opportunity presented by workers' remittances.
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