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Fino Paytech

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Policybazaar's Rs 5.8k-crore IPO to open on Nov 1

PB Fintech, the parent of Policybazaar and Paisabazaar, has set a price band of Rs 940-950 apiece for its initial public offering (IPO), which will open on November 1 and close on November 3. The......

Payments banks vs wallets: What should you opt for?

While a wallet is convenient, payments bank offers interest on deposits and ATM facility.Experts explain the nuances to Tinesh Bhasin. Bipin Preet Singh, the founder of MobiKwik, no longer feels......

Not perturbed over withdrawal of Payments Bank licences: Rajan

Reserve Bank of India Governor Raghuram Rajan on Tuesday said he is not ‘overly perturbed’ by surrender of Payments Bank licences by some companies but indicated that there could be a......

Payments bank dreams go awry before take-off

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......

Microsoft keen to get bigger pie in payments bank segment

To tap business opportunities that the proposed payments banks will bring in, global technology company Microsoft plans to offer back-end support to these players. The company is in talks with some......

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