Payments bank
Finance
Fino Payments Bank CEO on why the sector is seen as crisis-proof in the pandemic
Fino Payments Bank Ltd has turned profitable at the operating level for 2019-20, within three years of starting operations. Its growth ......
Finance
Aditya Birla Idea Payments Bank shuts operations
Aditya Birla Idea Payments Bank Ltd (ABIPBL) has decided to shut down its operations just 18 months after its launch. ABIPBL’s ......
TMT
RIL's Jio Payments Bank may launch this December
Jio Payments Bank, a joint venture between Mukesh Ambani's Reliance Industries Ltd and State Bank of India, is expected to ......
TMT
MobiKwik scraps cashbacks; eyes acquisitions in lending space
Giving part of the cash spent on transactions back to customers had so far been the most preferred approach for ......
TMT
What gives Paytm an edge over others in payments bank game?
Digital wallet firm Paytm launched the country's third payments bank earlier this week. Though the Vijay Shekhar Sharma-led company was ......
Consumer
RBI gives final approval to Paytm Payments Bank
Digital payments firm Paytm has finally got regulatory approval to launch its much-awaited payments bank."Today, the Reserve Bank of India ......
General
Airtel Payments Bank goes live as India's first payments bank
When everyone was expecting Paytm to launch India's first payments bank, Bharti Airtel has quietly floated it. India's biggest telco ......
TMT
Paytm to raise funding from MediaTek's arm
One97 Communications Ltd, which runs mobile payment and e-commerce platform Paytm, will raise an undisclosed amount in funding from Mountain ......
TMT
MediaTek to invest in Paytm; values it at $4.8 bn
One 97 Communications Ltd, which runs mobile payments and e-commerce platform Paytm, has received commitment of $60 million (Rs 403 ......
General
BPCL buys 21% stake in PE-backed FINO PayTech for $37.6 mn
State-run refiner Bharat Petroleum Corp. Ltd (BPCL) said on Friday it has signed definitive agreements to acquire a 21% stake ......
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