Last Updated: Wednesday, August 19, 2015, 20:11
RBI granting payments bank licences is a significant step which will bring in more money into the system and spread the reach of banking to rural areas, Finance Minister Arun Jaitley said Wednesday.
Last Updated: Sunday, February 1, 2015, 16:17
Kotak Mahindra Bank, which is in a tie-up with Bharti Airtel for niche bank licence, looks at payment bank as an asset origination opportunity.
Last Updated: Thursday, January 1, 2015, 21:52
"Keeping in view the difficulties expressed by various parties, it has been decided to extend the last date of receipt of applications to February 2, 2015," RBI said.
Last Updated: Friday, November 28, 2014, 18:04
Analysts have welcomed the RBI's final guidelines for setting up small finance banks (SFBs) and payments banks (PBs), saying it will generate good interest in the industry as the norms are accommodative.
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