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Bengaluru women rush to open post office account after INDIA win rumour

 An otherwise silent General Post Office in Bengaluru is witnessing an unprecedented rush of women hurrying to open India Post Payment Bank accounts, anticipating a monthly deposit of Rs 8,500 into......

Modi blames Congress's 'phone-a-loan scheme' for NPA crisis

 IMAGE: Prime Minister Narendra Modi speaks during the launch of India Post Payments Bank in New Delhi on Saturday. Photograph: Subhav Shukla/PTI Photo Prime Minister Narendra Modi on Saturday......

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......

How Postmen Can Help Micro-Entrepreneurs

 'The dakiyas will be our partners, receiving credit proposals from micro-enterprises at the grassroots level.' IMAGE: A postman on his way to deliver mail in New Delhi. Photograph: Adnan......

Now, postman will help you update Aadhaar at home

 Individuals can now update mobile numbers on their Aadhaar cards at their doorstep with the help of a postman. India Post Payments Bank and Unique Identification Authority of India under an......

A peek into Mastercard's ambitious plan for India

 Mastercard is keen on being known not as a payments player but a technology company. Technology company Mastercard, known mainly as a card network, said it was looking beyond the payments space......

India Post Payments Bank launch by PM Modi on Aug 21 to be a grand affair

 According to sources, the postal bank will tie up with other banks and financial companies to offer products like loans, mutual funds, and insurance policies to its customers. The launch of the......

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