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News
payments bank
Payments bank News
PhonePe
26 Oct 2021
PhonePe clarifies its stand on processing fee, here's what it says on payments
PhonePe running payment experiment. Small section of users being charged processing. Rs 1 for recharges of Rs 51-100, Rs 2 for recharges above Rs 100.
PhonePe
22 Oct 2021
PhonePe big festive offer! Get assured cashback on mobile recharges
PhonePe cashback offers. Cashback on prepaid mobile recharges. Know how to avail the PhonePe offer?
Airtel Payments Bank
19 Apr 2021
Airtel Payments Bank increases day-end balance limit to Rs 2 lakh from Rs 1L
Payments bank deposit limit hiked. Increase from Rs 1 lakh to Rs 2 lakh. Maximum end-of-day balance hiked.
payments bank
08 Apr 2021
Mobile wallet to turn into a bank, e-wallet account limit raised to Rs 2 lakh
Payments bank deposit limit hiked. Increase from Rs 1 lakh to Rs 2 lakh. Maximum end-of-day balance hiked.
payments bank
07 Apr 2021
RBI hikes Payments Banks deposit limit per customer from Rs 1L to Rs 2L
Payments bank deposit limit hiked. Increase from Rs 1 lakh to Rs 2 lakh. Maximum end-of-day balance hiked.
India Post Payments Bank
09 Sep 2019
India Post Payments Bank rolls out Aadhaar enabled payment services
With AePS services any common person with a bank account linked to Aadhaar can perform basic banking services such as cash withdrawals and balance enquiry irrespective of the bank they hold their account with.
Aditya Birla Idea Payments Bank
23 Feb 2018
Aditya Birla Idea Payments Bank begins operations
Payments bank are being promoted by the Reserve Bank to further financial inclusion.
Paytm
23 May 2017
Paytm launches payments bank; offers 4% interest, cashbacks on deposits, zero fees on transactions, no minimum balance
Paytm is the third entity in the country to launch a payments bank after Airtel and India Post.
Paytm
17 May 2017
Paytm to start payments bank from May 23; Renu Satti to be CEO
After months of delay, Paytm is now set to commence its payments bank operations from May 23, having received the final approval from the Reserve Bank of India.
Arun Jaitley
30 Jan 2017
Arun Jaitley launches Indian post payment bank
Airtel Payments Bank
13 Jan 2017
Airtel launched first payment bank of India
Airtel Payments Bank
12 Jan 2017
Airtel Payments Bank launches nationwide operations
Finance Minister Arun on Thursday launched the Airtel Payments Bank. Airtel Payments Bank launched its nationwide operations with an initial investment of Rs 3,000 crore and offering an interest rate of 7.25 per cent for savings accounts.
Airtel Payments Bank
12 Jan 2017
Airtel Payments Bank: All you need to know
Know the key facts about the Airtel Payments Bank.
Airtel Payments Bank
12 Jan 2017
Airtel Payments Bank to be launched today
During pilot phase, Airtel Payments Bank announced interest rate of 7.25 percent on deposits, free money transfer from Airtel to Airtel numbers within Airtel Bank, money transfer to any bank account in India.
payments bank
11 Jan 2017
After pilot services, Airtel to officially launch its Payments Bank Thursday
For the same, Airtel has sent out a media invite which reads “For the launch of Airtel Payments Bank – India's first payments bank by Arun Jaitley”.
Paytm
03 Jan 2017
Paytm gets RBI licence to launch Payments Bank; operations likely from next month
Paytm Payments Bank will be the second one to be set up in the country after Airtel Payments Bank launched its pilot bank in Rajasthan in November 2016.
Airtel
23 Nov 2016
Airtel opens India's first Payments Bank, starts pilot services in Rajasthan
Airtel Payments Bank is a subsidiary of Bharti Airtel. The bank will offer interest rate of 7.25 percent per annum on deposits in savings accounts.
Tech Mahindra
24 May 2016
Tech Mahindra becomes 3rd entity to quit payments bank plan; cites margin concerns
Tech Mahindra is the third applicant to abandon the plan to set up payments bank after Cholamandalam which quit last month and Dilip Shanghvi-IDFC Bank-Telenor combine last Friday.
SBI
18 Apr 2016
Payments banks do not have a viable business model: SBI chief Arundhati Bhattacharya
Small and payments banks have not yet devised a business model which can be termed viable, SBI Chairperson Arundhati Bhattacharya said Monday.
Bharti Airtel
11 Apr 2016
Bharti Airtel, Kotak joint venture gets payment bank licence
The apex bank, Reserve Bank of India, on Monday granted payments bank licence to telecom service provider Bharti Airtel, for which it had applied in partnership with Kotak Mahindra Bank, a company statement said here.
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