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Atal Pension Yojna gets a digital makeover

With a view to digitally empower the Atal Pension Yojana (APY) subscribers and improve the quality of service, the facility of online viewing of...

India Post Payments Bank to inaugurate 650 branches

India Post Payments Bank (IPPB) is planning to expand its reach this year and have decided to open 650 branches this year. The first two...

Over 24 companies ready to partner with the India Post Payments...

Communication Minister Manoj Sinha has said that over 24 companies have approached the Department of Posts for collaboration with India Posts Payment Bank. The minister...

India Post bank ATMs may be allowed interoperability soon

India Post, which won licence to operate a payments bank last year, is likely to secure the Reserve Bank of India’s clearance for...

India Post Payments Bank to open 650 branches in all major...

Communications and IT Minister Ravi Shankar Prasad has said that Department of Posts’ payment bank will establish 650 branches by September 2017. The Minister has...

Not upset over withdrawal of Payments Bank licences, says Rajan

Days after three entities decided to back out of the Payments Bank licencing, RBI Governor Raghuram Rajan on Tuesday said that he is not...

Tech Mahindra third of 11 entities to drop payments bank idea

With three of the 11 firms, which were granted licences by the Reserve Bank of India to launch payments bank, abandoning their plan idea...

DoP seeks Cabinet’s nod for payments bank

Department of Posts (DoP) has sought Cabinet approval for its payments bank proposal involving a project cost of Rs 800 crore. Notably, Public Investment...

Nokia offers to become back-end backbone for payments banks

Finnish communications and Information Technology firm Nokia is mulling to offer back-end support to payments banks who have recently obtained approval from the Reserve...

India Post’s bank to go operational in March 2017: IT minister

The India Post payment bank will become operational from March 2017, Union Minister for Communications & IT Ravi Shankar Prasad has said. Speaking at the...

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