Payments Bank
Recent Highlights
All Stories for Payments Bank
India Post Payments Bank to start operations soon with 650 branches, 17 cr accounts
•The payments bank will gradually link all 1.55 lakh post offices in the country to offer the service.
US payment firms and Paytm tussle while lobbying for data storage rules: Report
•In the crowded digital payments market, there is a fierce competition between companies.
Flipkart-owned PhonePe digital wallet ties up with rival FreeCharge; lets customers link their existing wallets on both platforms
•According to the deal terms, PhonePe has now enabled its over 45 million users to link their existing FreeCharge wallets to the PhonePe app
Despite Centre's Aadhaar push, its benefits for poor are unclear and impact on PDS is not fully known, claims RBI report
Indiaspend •The benefits of Aadhaar, India’s biometrics-based unique national identity system–the world’s largest–are unclear and the impact of direct benefit transfers it will be used to deliver to the poor is not studied enough, a new study published by an arm of the Reserve Bank of India (RBI) has concluded.
The future of the Indian banking industry after a decade of scrupulous control
Venkatramana Gosavi •The Indian banking industry is opening up in a big way with the introduction of Payments Bank along with wallet operators entering the non-bank space.
Paytm launches special segment for movie shows with ticket prices below Rs. 100.
Tech2 News Staff •Paytm today announced that it has launched ‘Movies under Rs. 100’, a special segment for shows with ticket prices below Rs. 100.
Paytm launches niche payments bank offering 4% interest, to open 31 branches initially
•As many as 11 companies including Reliance Industries and India's top three telecom operators were in 2015 permitted by the Reserve Bank of India (RBI) to set up payments banks which can take deposits and remittances but cannot lend.
Everything you need to know about Paytm Payments Bank
Tech2 News Staff •Here are all the FAQs you may have about the new Paytm Payments Bank that was launched today in India.
Airtel, Ola form partnership to roll out integrated digital offerings for customers
Fp Staff •The partnership will also have Airtel and Ola build content solutions for the customers of Ola Play
Paytm plans to start payments bank by month-end
•Banking in the present form is outdated said PayTm founder and CEO Vijay Shekhar Sharma.