Indeed, he was more than pleased, honoured even, when he was invited shortly before his retirement to act as a visiting professor at the University of Aarhus, where he had received his PhD.
Payment System Vision Document 2016–18 further aims at ‘less-cash society’ with reduction in the share of paper-based clearing instruments, consistent growth in individual segments of retail electronic payment systems, viz., NEFT, IMPS, card transactions and mobile banking, increase in the registered customer base for mobile banking, significant growth in acceptance infrastructure and accelerated use of Aadhaar in payment systems. Conclusion 34.