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Payments banks urge FinMin to raise deposit limit to Rs 5 lakh

Payments banks have urged the Union finance ministry to increase their deposit limit for each account to Rs 5 lakh, according to a source who participated in a meeting, chaired by the Department of......

Payments banks bat for new model, pin hopes on lending licence amid stress

Payments banks are expecting to get the rights to offer small-ticket loans sometime soon, according to an industry source familiar with the matter. Illustration: Uttam Ghosh/Rediff.com The......

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......

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Fino Payments Bank

News for Fino Payments Bank

Payments banks urge FinMin to raise deposit limit to Rs 5 lakh

Payments banks bat for new model, pin hopes on lending licence amid stress

It's back to the drawing board for payment banks

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

What can Payments banks do for You?

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