Aditya Birla Payments Bank will wind up operations due to “unanticipated developments in business landscape” that made its economic model “unviable”. The company had...
(with inputs from Nikhil Pahwa) The RBI announced on Thursday that it would not issue licenses to payments banks ‘on-tap’ until those companies that were...
National Securities Depository Limited (NSDL) will soon launch its long delayed payments bank in India, MediaNama has learnt through a source. MediaNama has reached out...
The Indian government has allegedly told WhatsApp that it will not allow the Facebook–owned company to launch its payment service before setting up ‘an office...
Paytm has announced the launch of its Forex service, for money exchange of 20 top international currencies on its platform. The company received the...
India Post Payments Bank has added the option to de-link Aadhaar to their form for Aadhaar linking. They have also offered separate forms for creating...
Paytm is reportedly set to foray into foreign exchange and cross-border payments as well under its payments bank entity, having already received the authorised...