• 

  RBI issues draft guidelines on payment aggregators | Check details

  Business | April 17, 2024 10:41 IST

  The 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.

• 

  India wants quick operation of Delhi-Middle East Economic Corridor: Kwatra amid project delay

  World | February 14, 2024 14:01 IST

  India 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.

• 

  NRIs will soon be able to make UPI payments without an Indian mobile number - Details

  Business | January 16, 2023 15:57 IST

  The 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.

• 

  Tata Group to launch a new UPI payment app: Report

  Technology | March 17, 2022 19:03 IST

  Tata 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. 

• 

  Airtel Payments Bank receives Scheduled Bank Status from the Reserve Bank of India

  Technology | January 05, 2022 11:15 IST

  Airtel Payments Bank recently announced that they have been categorised as 'Scheduled Bank' by the Reserve Bank of India.

• 

  Xsolla Web Shop elables in-app purchases through 700 payment gateways worldwide

  Technology | January 05, 2022 10:19 IST

  Xsolla, 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.

• 

  BharatPe launches two apps to curb need to touch handsets for checking transactions

  Business | May 04, 2020 14:40 IST

  Merchant 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.

• 

  Aditya Birla Idea Payments Bank headed for liquidation

  Business | November 18, 2019 19:17 IST

  RBI 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.

• 

  Airtel fiasco: CEO Gopal Vittal admits to Aadhaar lapse, says situation could have been handled better

  Business | December 26, 2017 11:04 IST

  Oil 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.

• 

  Paytm launches payments bank, offers cashback and 4 pc interest on deposits

  May 23, 2017 11:32 IST

  Backed 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

• 

  Paytm wallet to become payments bank from May 23. Here are 5 things to know

  May 17, 2017 17:00 IST

  As 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

Advertisement
• 

  Airtel rolls out payments bank, to invest Rs 3,000 crore

  January 12, 2017 23:56 IST

  Sunil 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.

• 

  Airtel to unveil India's first payment bank today: Here is what you need to know

  January 12, 2017 14:18 IST

  Finance 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

• 

  Airtel launches India's first payments Bank; Here is what you need to know

  November 24, 2016 9:16 IST

  Airtel 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,

• 

  India Post suited to be payment bank: Financial Services Secretary

  September 29, 2014 23:25 IST

  Mumbai: 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,