Mon, Feb 27, 2023
The stock of digital payments firm Paytm's parent, One97 Communications, jumped on February 27, after a report by news agency Bloomberg suggested Bharti Airtel's billionaire Chairman, Sunil Bharti Mittal, may pick a stake in Paytm.
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Sat, Mar 05, 2022
The concept of Payments Banks was introduced by the RBI in 2015. The idea behind this concept was to give banking license to fintech companies and provide banking services to the underserved population of India. Here is all you need to know about a Payments Bank.
Mon, Jul 22, 2019
SBI has suggested that the Modi 2.0 Government must focus on payment banks in India as the sector requires an urgent solution in terms of regulations, operations and level playing field.
Mon, Mar 13, 2017
"We are delighted to have taken formal banking services to these remote rural pockets of Tamil Nadu. We are fully committed to the vision of Digital India and financial inclusion," MD and CEO of Airtel Payments Bank, Shashi Arora said.
Tue, Jan 03, 2017
The company has already invested Rs 220 crore in its payment bank platform.
Mon, Jul 25, 2016
From the total 11 applicants in an in-principle licence, four are expected to start its operations soon.
Tue, May 24, 2016
Alibaba-backed Paytm, Reliance Industries and Airtel would have been Tech Mahindra's major competitors.
Fri, May 20, 2016
India's second richest man, Dilip Shanghvi, said on Friday he had shelved plans to form a payments bank jointly with the Indian financial firm IDFC Bank and an arm of Norway`s Telenor, but did not disclose the reason.
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