The Reserve Bank has cancelled Tech Mahindra’s certificate of authorisation (COA) to issue pre-paid cards after the company voluntarily surrendered the authorisation, the central...
Airtel Payments Bank will not be able to use Aadhaar for full e-KYC, according to a list of authorized Authentication User Agencies (AUAs) published...
Infibeam has sought shareholder approval to raise money by issuing “Securities for a value not exceeding Rs. 2,000 crore”, and is holding an extraordinary...
The RBI has issued an update to the Operating Guidelines for Payments Banks with regard to KYC requirements while onboarding customers of telecom companies,...
Update: A statement in from Airtel: “Airtel Payments Bank is fully compliant with all guidelines and follows a stringent customer onboarding process. Airtel Payments...
The four functional payments banks (PB) in the country had demand deposits of Rs 236.45 crore at the end of September 30, BloombergQuint reports. Demand...
The Paytm Payments bank finally opened its operations to everyone, after its initial launch in May. Initially, the feature was launched in Beta only...