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What Is A Payments Bank? Why Was The Concept Introduced? | All You Need To Know

What Is A Payments Bank? Why Was The Concept Introduced? | All You Need To Know

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.

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Note ban most disruptive policy innovation since 1991, says former RBI governor D Subbarao

Note ban most disruptive policy innovation since 1991, says former RBI governor D Subbarao

Thu, Jan 05, 2017

Former Reserve Bank of India (RBI) governor D Subbarao on Thursday termed demonetisation as "creative destruction and the most disruptive policy innovation since 1991 reforms" that has helped destroy blackmoney.

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SCSS vs FD: Which guaranteed return scheme will give you more quarterly income on Rs 20,00,000 investment?

SCSS vs FD: Which guaranteed return scheme will give you more quarterly income on Rs 20,00,000 investment?

SBI 444-day FD vs PNB 400-day FD: Here's what general and senior citizens will get in maturity on Rs 3.5 lakh and 7 lakh investments in special FDs?

SBI 444-day FD vs PNB 400-day FD: Here's what general and senior citizens will get in maturity on Rs 3.5 lakh and 7 lakh investments in special FDs?

Power of Compounding: How soon will monthly SIP of Rs 11,000 reach Rs 8 crore corpus target?

Power of Compounding: How soon will monthly SIP of Rs 11,000 reach Rs 8 crore corpus target?

Looking for short term investment ideas? Analysts suggest buying these 2 stocks for potential gain; check targets

Looking for short term investment ideas? Analysts suggest buying these 2 stocks for potential gain; check targets

PPF Calculations: How to get Rs 72,000 a month tax-free income from Public Provident Fund?

PPF Calculations: How to get Rs 72,000 a month tax-free income from Public Provident Fund?

Small SIP, Big Impact: Rs 1,111 monthly SIP for 40 years, Rs 11,111 for 20 years or Rs 22,222 for 10 years, which do you think works best?

Small SIP, Big Impact: Rs 1,111 monthly SIP for 40 years, Rs 11,111 for 20 years or Rs 22,222 for 10 years, which do you think works best?

Rs 3,500 Monthly SIP for 35 years vs Rs 35,000 Monthly SIP for 16 Years: Which can give you higher corpus in long term? See calculations

Rs 3,500 Monthly SIP for 35 years vs Rs 35,000 Monthly SIP for 16 Years: Which can give you higher corpus in long term? See calculations

Power of Compounding: How long it will take to build Rs 5 crore corpus with Rs 5,000, Rs 10,000 and Rs 15,000 monthly investments?

Power of Compounding: How long it will take to build Rs 5 crore corpus with Rs 5,000, Rs 10,000 and Rs 15,000 monthly investments?

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