It's back to the drawing board for payment banks

RBI's exercise will take into account standards of governance, the viability of the payment bank (PB) business model, and changes, if any, if needed. Illustration: Uttam Ghosh/Rediff.com The......

Airtel to lean on its 180 mn digital users to propel payments bank business

Bharti Airtel aims to leverage its 180 million plus digital service customers and its wide presence in rural areas to grow its payment bank business. “We are well placed as we can leverage......

What can Payments banks do for You?

Priyadarshini Maji evaluates the impact that payment banks are likely to have on your financial life. Jio Payments Bank has recently started its pilot operations. Reliance Industries owns a 70 per......

Payments banks vs wallets: What should you opt for?

While a wallet is convenient, payments bank offers interest on deposits and ATM facility.Experts explain the nuances to Tinesh Bhasin. Bipin Preet Singh, the founder of MobiKwik, no longer feels......