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It's back to the drawing board for payment banks

 RBI's exercise will take into account standards of governance, the viability of the payment bank (PB) business model, and changes, if any, if needed. Illustration: Uttam Ghosh/Rediff.com The......

With new RBI move, M-wallets face tough fight

 While mobile wallets are still busy exploring the multiple facets of interoperability, experts believe that bringing in new customers would be costly affair and the numbers of new wallet users......

As user base shrinks, m-wallets put smart money on diversification

 The last few months have been hard on digital wallets which had a short-lived dream run post-demonetisation. If the Reserve Bank of India’s representative data on prepaid payment instruments......

Why wallet cos want full KYC for transactions below Rs 10K waived

 Customers have other options available to them to do low-value transactions if wallets start mandating full KYC and would switch to those. As the Reserve Bank of India’s (RBI’s) March......

E-wallets plan to become more than just digital money providers

 With the arrival of new players such as Amazon Pay, Google Tez and Flipkart’s PhonePe, digital money companies are now changing their business pitch. From facilitating loans to providing......

New school, water supply, toilets: Tendulkar set to transform Donja village

 Sachin Tendulkar will adopt the Donja village in Osmanabad, where he will oversee the development of a new school building, a water supply scheme that would provide potable water to each household,......

Proteas pick Pitbull's 'Fireball' as theme song in quest for WT20 glory

 A clip of the newly produced music video featuring South African cricketers Faf du Plessis and AB de Villiers along with teammates featuring Pitbull's 'Fireball'. Cricket South Africa on Monday......

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GUJARAT, HIMACHAL GO TO POLLS

 The Bharatiya Janata Party was on Thursday poised for a landslide victory in Gujarat to retain...
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