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Payments bank licence News

17 May 2017

Paytm to start payments bank operations from May 23

After months of delay, Paytm is now all set to commence its payments bank operations from May 23, having received the final approval from the Reserve Bank of India (RBI).

21 Aug 2015

Payments bank licence to leverage telecom, retail biz: RIL

RIL on Friday said the payments bank licence will "leverage" its telecom business Reliance Jio's pan-India network and retail arm's model, even as its tie-up with SBI will help create the most extensive distribution network in India.

19 Aug 2015

Vodafone says will offer comprehensive financial services

Vodafone India Wednesday said the payments bank licence will enable it offer a comprehensive portfolio of banking and financial products and services, accelerating India's journey into a cashless economy.

19 Aug 2015

Payments bank will bring millions unbanked into banking folds: Airtel

Bharti Airtel Wednesday said the payments bank licence will help in bringing millions of unbanked Indians into the folds of banking services.

19 Aug 2015

Payments bank to be operational before 18-month deadline

Enthused by the grant of payments bank licence, the successful applicants Wednesday said they would launch the services ahead of the 18-month deadline prescribed by the Reserve Bank.

Payments bank licence

19 Aug 2015

Prasad wants Department of Post to become vehicle of financial inclusion

Armed with a payments bank licence now, the postal department should gear up to become a vehicle of financial inclusion in the country, Communications and IT Minister Ravi Shankar Prasad said Wednesday.

22 Mar 2015

Pay Point aspires to be a universal bank: Meghani

Payment solutions company Pay Point India, which is awaiting Payments Bank licence, has said Sun Pharma's ED Sudhir Valia will hold minority stake in the entity that aspires to become a universal bank in 3-5 years.

Reliance Industries Ltd.

02 Feb 2015

RIL, Aditya Birla, Future Group apply for payments bank licences

A few top Indian companies including Reliance Industries Ltd., Aditya Birla Nuvo Limited and Future Group Monday applied to the Reserve Bank of India (RBI) for payments bank licences.

Aditya Birla Nuvo Ltd

02 Feb 2015

Aditya Birla Nuvo applies for payments bank licence

Diversified firm Aditya Birla Nuvo Ltd (ABNL) on Monday applied for the payments bank licence with the Reserve Bank of India.

02 Feb 2015

Future Group applies for Payments Bank licence

Kishore Biyani-promoted Future Group on Monday applied for Payments Bank licence with the Reserve Bank of India.

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