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payments bank

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.

Sep 09, 2019, 15:36 PM IST

Reliance Jio testing mobile payment services: Sources

Reliance Jio, in collaboration with Visa is reportedly going to introduce 'Tap and Pay' mobile banking service for its users.

Jul 11, 2019, 17:07 PM IST

Aditya Birla Idea Payments Bank begins operations

Payments bank are being promoted by the Reserve Bank to further financial inclusion.

Feb 23, 2018, 12:43 PM IST

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.

May 23, 2017, 10:57 AM IST

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.​

May 17, 2017, 18:17 PM IST

Arun Jaitley launches Indian post payment bank

Arun Jaitley launches Indian post payment bank. Watch the full segment for more details.

Jan 30, 2017, 23:08 PM IST

Airtel launched first payment bank of India

Airtel launched first payment bank of India. Watch this special segment and get to know more here.

Jan 13, 2017, 13:21 PM IST

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.

Jan 12, 2017, 18:30 PM IST

Airtel Payments Bank: All you need to know

Know the key facts about the Airtel Payments Bank.

Jan 12, 2017, 10:29 AM IST

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.

Jan 12, 2017, 09:56 AM IST

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”.

Jan 11, 2017, 19:35 PM IST

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.

Jan 03, 2017, 19:41 PM IST

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.

Nov 23, 2016, 18:35 PM IST

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.

May 24, 2016, 21:14 PM IST

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.

Apr 18, 2016, 22:12 PM IST

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.

Apr 11, 2016, 22:16 PM IST

ABNL forms JV with Idea Cellular for payments bank

Aditya Birla Nuvo Ltd (ABNL) on Friday announced formation of a joint venture with group firm Idea Cellular to set up a payments bank.

Feb 19, 2016, 18:27 PM IST

Postal dept has overtaken SBI on digital connectivity: Prasad

The postal department has surpassed the country's largest lender, SBI, in terms of digital connectivity even before its payments bank launch, Union IT and Communications Minister Ravi Shankar Prasad Monday said.

Feb 15, 2016, 15:15 PM IST

New banks to complement existing banking system: Chanda Kochhar

Ruling out any competition to full-service banks from payments and small finance banks, top banker Chanda Kochhar has said they can actually complement the existing banking system and ICICI Bank will explore opportunities for mutually beneficial partnerships.

Jan 24, 2016, 19:33 PM IST

PIB likely to approve India Post's payments bank proposal

The Public Investment Board (PIB) on Tuesday discussed the Rs 800-crore proposal from the India Post for setting up a payments bank and the final approval on the same is expected in the next meeting.


Jan 19, 2016, 20:19 PM IST