RBI issues operating guidelines for differentiated banks
The Reserve Bank of India (RBI) recently issued operative guidelines for payment banks and small finance banks (differentiated banks). These…
12 OCT 2016
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SBI’s Chairman gets 1 year extension
One-year extension for Arundhati Bhattacharya. State Bank of India Chairman Arundhati Bhattacharya’s term has been extended till October 2017 by…
04 OCT 2016
RuPay credit card launching in December
The National Payments Corporation of India (NPCI) is all set to launch RuPay credit card by this December, a top…
25 JUL 2016
India, other emerging mkts to drive payments transformation: PwC
The emerging economic power within the growing markets is set to open up opportunities for innovation and growth, causing transformation…
20 JUL 2016
Online financial services mkt set to hit Rs.15k-cr by 2020: Report
With fast digitisation of the financial services and increasing use of fintech in India, the online financial services market size…
19 JUL 2016
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…
12 JUL 2016
India Post Payments Bank to open 650 branches in all major districts
Communications and IT Minister Ravi Shankar Prasad has said that Department of Posts’ payment bank will establish 650 branches by…
13 JUN 2016
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…
07 JUN 2016
Paytm plans to unveil payments bank before November
If everything goes as planned, Paytm would launch its payments bank with an initial capital of Rs 300 crore before…
31 MAY 2016
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,…
25 MAY 2016
