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Payment bank

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What RBI panel's report means for banking sector, top banks, NBFCs and SFBs

Finance

20 November, 2020

What RBI panel's report means for banking sector, top banks, NBFCs and SFBs

An internal panel of the Reserve Bank of India has suggested allowing large corporate houses to own significant stakes in ......

ICICI Prudential, Lombard acquire 10% stake in Fino PayTech for $17.26 mn

General

11 January, 2017

ICICI Prudential, Lombard acquire 10% stake in Fino PayTech for $17.26 mn

Payments bank applicant FINO PayTech Ltd has closed Rs 400 crore in primary funding following the latest tranche of capital ......

FINO PayTech in talks with more investors to raise funds; explores acquisition

TMT

13 September, 2016

FINO PayTech in talks with more investors to raise funds; explores acquisition

Payment technology solutions provider FINO PayTech is in advanced talks with a few investors just after receiving a capital commitment ......

Why payment bank aspirants are getting cold feet

General

31 May, 2016

Why payment bank aspirants are getting cold feet

When the Reserve Bank of India (RBI) last year granted in-principle approval to 11 entities to start payment banks, the ......