Latest News on Payment Banks
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Payment Banks - Total results - 30
Sep 18, 2018
Co-operative banks need a new 'vision document'; sector has not flourished in last 15 years, says RBI directorTill 1967, the Centre, as well as state policy, was to give priority to the cooperative sector but in the later years, barring some institutions, the cooperative sector did not flourish.
Dec 08, 2017
Understanding the Data Protection White Paper Part VIII: Ensuring data quality and the rights of access and rectificationIt isn’t enough to ensure that the data controller has collected data with the people’s consent, or that the use of the data is legitimate
Mar 29, 2017
Kotak Mahindra Bank's zero-balance strategy is all about data science. Because smart is the new bigBanking has come a long way but the current inflection is a grand shift from finance to technology
Jan 25, 2017
Naidu panel for Rs 1,000 subsidy on smartphones, taxing withdrawals above Rs 50,000The committee comprising Maharashtra Chief Minister Devendra Fadnavis and Madhya Pradesh Chief Minister Shivraj Singh Chouhan has also asked the Centre to promote Aadhaar Enabled Payment System (AEPS) by incentivising and not charging MDR.
Dec 26, 2016
Year end rant 2016: Technology has never been this political in IndiaThe growth that is now coming in, and is set to come in, is not through incentives but enforcement: people aren’t being given a choice.
Oct 07, 2016
RBI issues operating guidelines for payment banks, small finance banksSmall Finance Banks will have to follow norms relating to minimum balance, inoperative accounts, nominations, and cheques/drafts.
Apr 18, 2016
With new age banks set to make a splash, it's time for incumbent lenders to be aggressiveAs the promoter of public sector banks, the government has no time to waste. If it does not give banks financial autonomy, recapitalise them fast, and also lay out the roadmap for future privatisation
Oct 19, 2015
Will not dilute mission when Ujjivan becomes a small finance bank, says founder Samit GhoshGhosh doesn’t believe that the entry of new set of banks will be the end of life for MFIs. Microlenders will survive partnering with the new set of banks
Sep 17, 2015
Why small and payment banks will be a pincer attack on India's banking oligopolyWith the RBI announcing an "in-principle" grant of small bank licences to 11 non-bank financial institutions, the mainstream banks will face competitive pressures both on the liabilities and assets sides of their businesses.
Sep 07, 2015
Nasscom sees 'massive opportunity' for IT firms in small payment banksTech Mahindra has successfully bagged a payments bank licence, along with 10 others from a diverse set which includes telecom majors and large corporates.