Payment Bank
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How to raise a complaint with RBI; check step-by-step process
Business | Mar 26, 2026, 07:03 PM ISTAfter lodging a complaint, the institution should provide an acknowledgment or reference number, which serves as proof that your concern has been officially registered. Most issues are expected to be resolved within 30 days, so monitoring the response during this period is important.
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RBI issues draft guidelines on payment aggregators | Check details
Business | Apr 17, 2024, 10:41 AM ISTThe draft said non-banks providing PA-P services should have a minimum networth of Rs 15 crore at the time of submitting an application to the RBI for authorisation and a minimum networth of Rs 25 crore by March 31, 2028.
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India wants quick operation of Delhi-Middle East Economic Corridor: Kwatra amid project delay
World | Feb 14, 2024, 02:01 PM ISTIndia and the United Arab Emirates on Tuesday signed an agreement on a trade corridor that aims to connect Europe with India through parts of the Middle East by sea and rail, an ambitious plan backed by the US and the European Union.
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NRIs will soon be able to make UPI payments without an Indian mobile number - Details
Business | Jan 16, 2023, 03:57 PM ISTThe National Payments Corporation of India is set to launch a new feature that will allow NRIs to link their foreign mobile number with their Indian bank account for UPI transactions.
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Tata Group to launch a new UPI payment app: Report
Technology | Mar 17, 2022, 07:03 PM ISTTata Group is seeking clearance from the National Payments Corporation of India (NCPI) to offer its own United Payments Interface (UPI)-based digital payments service in the country.
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Airtel Payments Bank receives Scheduled Bank Status from the Reserve Bank of India
Technology | Jan 05, 2022, 11:15 AM ISTAirtel Payments Bank recently announced that they have been categorised as 'Scheduled Bank' by the Reserve Bank of India.
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Xsolla Web Shop elables in-app purchases through 700 payment gateways worldwide
Technology | Jan 05, 2022, 10:19 AM ISTXsolla, a video game commerce company announced that it will accept more than 700 local payment options from different parts of the world, allowing players to make purchases directly with their choice of payment.
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BharatPe launches two apps to curb need to touch handsets for checking transactions
Business | May 04, 2020, 02:40 PM ISTMerchant payment and lending network provider BharatPe on Monday launched two voice-based applications that will help accountholders access transactions and balance without having to touch their phones amid COVID-19 outbreak.
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Aditya Birla Idea Payments Bank headed for liquidation
Business | Nov 18, 2019, 07:17 PM ISTRBI said that the Bombay High Court has appointed Vijaykumar V Iyer, Senior Director of Deloitte Touche Tohmatsu India LLP as the liquidator of Aditya Birla Idea Payments Bank.
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Airtel fiasco: CEO Gopal Vittal admits to Aadhaar lapse, says situation could have been handled better
Business | Dec 26, 2017, 11:04 AM ISTOil ministry claimed that Rs 167 crore of LPG subsidies had been deposited in the accounts of Airtel Payments Bank without the customers knowing that such accounts had been opened.
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Paytm launches payments bank, offers cashback and 4 pc interest on deposits
May 23, 2017, 11:32 AM ISTBacked by Chinese firm Alibaba and Japanese conglomerate SoftBank, the company has earmarked initial investment of Rs 400 crore to build its banking network over two years
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Paytm wallet to become payments bank from May 23. Here are 5 things to know
May 17, 2017, 05:00 PM ISTAs per the Central bank’s guidelines, the company will transfer its wallet business to the newly incorporated payments bank entity under a payments bank licence awarded to Founder and CEO Vijay Shekhar Sharma
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Airtel rolls out payments bank, to invest Rs 3,000 crore
Jan 12, 2017, 11:56 PM ISTSunil Bharti Mittal-led Bharti Enterprises on Thursday officially launched Airtel Payments Bank, which is being rolled out across the country with n investment of Rs 3,000 crore.
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Airtel to unveil India's first payment bank today: Here is what you need to know
Jan 12, 2017, 02:18 PM ISTFinance Minister Arun Jaitley will today launch Airtel Payment Bank, a subsidiary of India’s largest telcom operator Bharti Airtel, which will also hold the distinction of becoming the country’s first payment bank. 1) On April
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Airtel launches India's first payments Bank; Here is what you need to know
Nov 24, 2016, 09:16 AM ISTAirtel Payments Bank, a subsidiary of Bharti Airtel, rolled out a pilot of its banking services in Rajasthan. The bank will offer interest rate of 7.25 per cent per annum on deposits in savings accounts,
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India Post suited to be payment bank: Financial Services Secretary
Sep 29, 2014, 11:25 PM ISTMumbai: Lack of credit disbursing experience makes the postal department with its vast network of offices around the country better suited to be run as a payment bank and not as a full-fledged universal bank,