Last Updated: Friday, August 21, 2015, 19:30
RIL on Friday said the payments bank licence will "leverage" its telecom business Reliance Jio's pan-India network and retail arm's model, even as its tie-up with SBI will help create the most extensive distribution network in India.
Last Updated: Thursday, August 20, 2015, 12:23
The proposed Payments Banks will increase competition for the public sector lenders and could also pose risks to their market share over the long-term, Fitch Ratings said Thursday.
Last Updated: Wednesday, August 19, 2015, 23:49
Vodafone India Wednesday said the payments bank licence will enable it offer a comprehensive portfolio of banking and financial products and services, accelerating India's journey into a cashless economy.
Last Updated: Wednesday, August 19, 2015, 22:30
Bharti Airtel Wednesday said the payments bank licence will help in bringing millions of unbanked Indians into the folds of banking services.
Last Updated: Wednesday, August 19, 2015, 22:24
Enthused by the grant of payments bank licence, the successful applicants Wednesday said they would launch the services ahead of the 18-month deadline prescribed by the Reserve Bank.
Last Updated: Wednesday, August 19, 2015, 20:16
Armed with a payments bank licence now, the postal department should gear up to become a vehicle of financial inclusion in the country, Communications and IT Minister Ravi Shankar Prasad said Wednesday.
Last Updated: Thursday, July 30, 2015, 21:20
Bogged down by mounting debt and operational issues, the Vijay Mallya-owned KFA was grounded in 2012 after aviation regulator DGCA cancelled its licence.
Last Updated: Friday, July 24, 2015, 11:21
The bank proposes to start operations with 20 branches.
Last Updated: Tuesday, July 14, 2015, 21:08
Pitching for payment bank licence for telcos, telecom tycoon Sunil Bharti Mittal on Tuesday said traditional banks will not be able to deliver financial services to the lower end of the population without incurring huge losses.
Last Updated: Tuesday, July 7, 2015, 16:15
Indian Oil Corp-Adani Gas combine has bid for a licence to retail CNG in five cities including Haridwar in the 5th round of city gas bidding that saw no bids for as many as eight cities.
Last Updated: Thursday, July 2, 2015, 17:03
More people are watching programmes online, leading to a sharper than expected decline in the numbers paying the BBC licence fee levied on all households with a television, the British broadcaster said.
Last Updated: Friday, May 29, 2015, 09:04
British telecom company Vodafone on Thursday said it has exited from Bharti Airtel by selling its 4.2 percent stake in the Indian telecom major to an arm of Bharti Group.
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