Diabytes
Payments bank News
)
PhonePe running payment experiment.
Small section of users being charged processing.
Rs 1 for recharges of Rs 51-100, Rs 2 for recharges above Rs 100.
)
PhonePe cashback offers.
Cashback on prepaid mobile recharges.
Know how to avail the PhonePe offer?
)
Payments bank deposit limit hiked.
Increase from Rs 1 lakh to Rs 2 lakh.
Maximum end-of-day balance hiked.
)
Payments bank deposit limit hiked.
Increase from Rs 1 lakh to Rs 2 lakh.
Maximum end-of-day balance hiked.
)
Payments bank deposit limit hiked.
Increase from Rs 1 lakh to Rs 2 lakh.
Maximum end-of-day balance hiked.
)
With AePS services any common person with a bank account linked to Aadhaar can perform basic banking services such as cash withdrawals and balance enquiry irrespective of the bank they hold their account with.
)
Payments bank are being promoted by the Reserve Bank to further financial inclusion.
)
Paytm is the third entity in the country to launch a payments bank after Airtel and India Post.
)
After months of delay, Paytm is now set to commence its payments bank operations from May 23, having received the final approval from the Reserve Bank of India.
)
)
)
Finance Minister Arun on Thursday launched the Airtel Payments Bank. Airtel Payments Bank launched its nationwide operations with an initial investment of Rs 3,000 crore and offering an interest rate of 7.25 per cent for savings accounts.
)
Know the key facts about the Airtel Payments Bank.
)
During pilot phase, Airtel Payments Bank announced interest rate of 7.25 percent on deposits, free money transfer from Airtel to Airtel numbers within Airtel Bank, money transfer to any bank account in India.
)
For the same, Airtel has sent out a media invite which reads “For the launch of Airtel Payments Bank – India's first payments bank by Arun Jaitley”.
)
Paytm Payments Bank will be the second one to be set up in the country after Airtel Payments Bank launched its pilot bank in Rajasthan in November 2016.
)
Airtel Payments Bank is a subsidiary of Bharti Airtel. The bank will offer interest rate of 7.25 percent per annum on deposits in savings accounts.
)
Tech Mahindra is the third applicant to abandon the plan to set up payments bank after Cholamandalam which quit last month and Dilip Shanghvi-IDFC Bank-Telenor combine last Friday.
)
Small and payments banks have not yet devised a business model which can be termed viable, SBI Chairperson Arundhati Bhattacharya said Monday.
)
The apex bank, Reserve Bank of India, on Monday granted payments bank licence to telecom service provider Bharti Airtel, for which it had applied in partnership with Kotak Mahindra Bank, a company statement said here.
Loading...
 "Will Hindus get justice in Bengal's Murshidabad?")
 "DNA: Uproar over freebies in Delhi!")
 "DNA: AIMIM plans to field 2020 Delhi riots accused Shahrukh Pathan")
 "DNA: A report showing the reality of Bangladesh")
 "DNA: Power Theft Allegations Against SP MP Ziaur Rahman Barq")
 "DNA: Hot Tea Linked to Cancer Risk!")
 "DNA: Why Jordan Fears After Syria’s Coup?")
 "DNA: NSA Ajit Doval’s China Visit - Inside Story")
 "DNA: Gandhi Family Ruined My Career, says Mani Shankar Aiyar")
 "DNA: Ground Report- Tight Security Arrangements for Mahakumbh")
