Payment Bank

RBI may issue final norms on small, payments banks in 2-3 months

Draft guidelines for small and payments banks were issued by the RBI in July and comments were invited till August 28.<br />

Exclusive: Bypass RBI, create India Post Bank through law, PM's task force to tell govt

An announcement in this regard is likely to be made as early as Thursday at Dak Bhavan, the headquarters of department of postal services in Delhi.<br />

RBI in 'mission mode' to push financial inclusion schemes, says official

RBI attaches great deal of value to financial inclusion.<br />

Telecom bank cometh? Idea, Vodafone, Airtel draw up plans to launch payment banks

The three telecom companies are reportedly going to submit a set of queries to the central bank seeking clarity from the RBI on the guidelines to open a payment bank

NBFCs keen to become smaller banks but here's what's proving to be a turn-off

The proposed payment banks are mainly transactional banks, while smaller banks, as the name suggest, will cater to tiny companies and small value customer segment.<br />