Payments Banks

Amazon begins doorstep verification of KYC services for e-wallet users; cost of operations to burn hole in firm's pocket

The Unique Identification Authority of India (UIDAI), the Aadhaar issuing authority had asked digital wallets and mutual funds registrars to stop using Aadhaar data

India Post Payments Bank to offer loans, mutual funds and insurance policies through third party tie-ups

Prime Minister Narendra Modi on 21 August will launch India Post Payments Bank (IPPB) with 650 branches across the country, which will pave way for the largest banking network

Understanding the Data Protection White Paper Part X: Governing diverse industries through a co-regulatory approach

Is the co-regulatory approach appropriate for India? What about other models like self-regulation and ‘command and control’?

Bank licences on-tap : RBI's Rajan just poured cold water on dreams of corporate biggies

On-tap banking licence will be the third leg of structural reforms in the banking sector

Building the truly digital Indian bank

it’s time for traditional banks to reinvent the universal banking model for the digital age.

Payments, small finance banks yet to devise a viable business model: SBI chief

Bhattacharya's comments come within a fortnight of RBI saying it will allow differentiated lenders like custodian and wholesale banks

How the year 2015 transformed the idea of ‘banking’ for you and me

In August, RBI) issued in-principle approvals for 11 entities to set up payments banks and followed this up with the issuance of ten more licences for small finance banks in September

Five hits and one miss: Charting rock-star Raghuram Rajan’s 2 years at RBI

When Rajan completes two years in office, the banking industry is witnessing deep structural reforms; the economy is in a much better shape compared with 2013

Payments banks pose risk to public lenders market share: Fitch

The most notable elements of the reform plan, address issues pertaining to management and governance at public sector banks.

Banking to see great changes in coming years, public banks will be change agents: RBI Rajan

The governor also said the change will be witnessed mostly in the social banking