Telecoms investor Aditya Birla Nuvo Ltd and retailer Future Group were among the first big names to apply for licenses to run so-called payments banks, under rules meant to put basic banking within......
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. ‘...Paytm Payments......
India's leading mobile carriers Bharti Airtel Ltd and Vodafone India were among the 11 companies selected by the country's central bank to set up payments banks aimed at granting millions of......
Vodafone m-pesa was one of the 11 firms that was given payments bank licence by the Reserve Bank of India in 2015. Vodafone Idea Ltd has decided to close m-pesa vertical following the closure of......
Of the 11 licence holders, only eight remain in the fray as concerns about profitability and rising competition are making them think twice before jumping in. On Tuesday, when Tech Mahindra......