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The concept was introduced by the RBI to offer flexibility in banking but many payments banks are now running losses.
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The concept was introduced by the RBI to offer flexibility in banking but many payments banks are now running losses.
The Reserve Bank of India (RBI) has decided to increase the deposit limit for payments banks to Rs 2 lakh per individual customer from...
The Reserve Bank of India (RBI) has appointed an external advisory committee which will evaluate applications for universal bank and small finance bank (SFB)...
Fino Payments Bank has been a designated as a bank in the Second Schedule to the Reserve Bank of India Act, 1934, the Reserve...
A Reserve Bank of India (RBI) internal working group recommended that payments banks (PB) be allowed to convert to small finance banks (SFBs) after...
India Post Payments Bank (IPPB), is currently inviting applications for the post of MD and CEO, according to an advertisement placed by the Banks...
A quick roundup of the developments in the Indian digital, tech and business ecosystem. Policy updates NSCS extends deadline to submit comments on National...
The Reserve Bank of India is mulling on offering fresh licenses for setting up small finance banks, which can be availed by payments banks...
India Post Payments Bank will be converted into a small finance bank to enable small loans to individuals and SMEs, the Ministry of Communications...
Aditya Birla Payments Bank will wind up operations due to “unanticipated developments in business landscape” that made its economic model “unviable”. The company had...
