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Business trends

Malware threatens India's mobile banking revolution

Unwary users put Modi's 'cashless' dream at risk

A woman talks on her mobile phone in New Delhi, India. (Photo by Ken Kobayashi)

NEW DELHI -- Mobile banking is growing fast in India, with smartphone sales exploding and the Modi government pushing digital payments.

But as more Indians move to electronic transactions, concerns are growing about the security of the banking system and smartphones in general.

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