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Payment bank
Payment bank News
Budget 2024
23 Jul 2024
FM Sitharaman Announces 100+ India Post Payment Bank Branches in North East
Earlier this year, India Post Payments Bank announced the attainment of a significant milestone, with eight crore customers now benefiting from its innovative and inclusive financial services.
Paytm
24 May 2017
PayTM starts its Payment bank
India Post
04 Jun 2016
India Post issues first My Stamp on ecommerce; features Amazon
India Post released the first 'My Stamp' on e-commerce featuring Amazon on June 3 to commemorate three years of its partnership with the e-tailer. "This is the first time that the Department of Post has released 'My Stamp' to commemorate a milestone with an ecommerce marketplace. The launch reinforces the Amazon and India Post relationship," Karnataka Circle Chief Chief Post Master General Usha Chandrashekar said in a statement.
India Post
01 Jun 2016
Cabinet approves India Post payments bank proposal
The Union Cabinet on Wednesday approved the Department of Posts (DoP) payments bank proposal involving a project cost of Rs 800 crore.
India Post
28 Dec 2015
Postal Dept's payment bank to start from March 2017
India Post will launch its payment bank by March 2017, Telecom Minister Ravi Shankar Prasad said Monday.
Mobile commerce
09 Nov 2015
Paytm to hire 3,000 people for payment bank operations
The Alibaba-backed firm is expected to start its payment bank operations next year.
Mahindra Finance
26 Apr 2015
Mahindra Finance eyes 50% stake in proposed Payment Bank
Mahindra Finance is likely to hold up to 50 per cent stake in the proposed Payment Bank, for which a group entity has applied for a licence from RBI.
bank licence
29 Jan 2015
Bharti Airtel, SKS Microfinance eye niche bank licences
Private sector lender Kotak Mahindra Bank will have a 19.9 percent stake in the proposed banking venture of Bharti Airtel.
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