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Fino Payments Bank CEO on why the sector is seen as crisis-proof in the pandemic

Finance

26 May, 2020

Fino Payments Bank CEO on why the sector is seen as crisis-proof in the pandemic

Fino Payments Bank Ltd has turned profitable at the operating level for 2019-20, within three years of starting operations.  Its growth ......

Aditya Birla Idea Payments Bank shuts operations

Finance

22 July, 2019

Aditya Birla Idea Payments Bank shuts operations

Aditya Birla Idea Payments Bank Ltd (ABIPBL) has decided to shut down its operations just 18 months after its launch. ABIPBL’s ......

RIL's Jio Payments Bank may launch this December

TMT

09 October, 2017

RIL's Jio Payments Bank may launch this December

Jio Payments Bank, a joint venture between Mukesh Ambani's Reliance Industries Ltd and State Bank of India, is expected to ......

MobiKwik scraps cashbacks; eyes acquisitions in lending space

TMT

06 June, 2017

MobiKwik scraps cashbacks; eyes acquisitions in lending space

Giving part of the cash spent on transactions back to customers had so far been the most preferred approach for ......

What gives Paytm an edge over others in payments bank game?

TMT

26 May, 2017

What gives Paytm an edge over others in payments bank game?

Digital wallet firm Paytm launched the country's third payments bank earlier this week. Though the Vijay Shekhar Sharma-led company was ......

RBI gives final approval to Paytm Payments Bank

Consumer

03 January, 2017

RBI gives final approval to Paytm Payments Bank

Digital payments firm Paytm has finally got regulatory approval to launch its much-awaited payments bank."Today, the Reserve Bank of India ......

Airtel Payments Bank goes live as India's first payments bank

General

23 November, 2016

Airtel Payments Bank goes live as India's first payments bank

When everyone was expecting Paytm to launch India's first payments bank, Bharti Airtel has quietly floated it. India's biggest telco ......

Paytm to raise funding from MediaTek's arm

TMT

31 August, 2016

Paytm to raise funding from MediaTek's arm

One97 Communications Ltd, which runs mobile payment and e-commerce platform Paytm, will raise an undisclosed amount in funding from Mountain ......

MediaTek to invest in Paytm; values it at $4.8 bn

TMT

29 August, 2016

MediaTek to invest in Paytm; values it at $4.8 bn

One 97 Communications Ltd, which runs mobile payments and e-commerce platform Paytm, has received commitment of $60 million (Rs 403 ......

BPCL buys 21% stake in PE-backed FINO PayTech for $37.6 mn

General

29 July, 2016

BPCL buys 21% stake in PE-backed FINO PayTech for $37.6 mn

State-run refiner Bharat Petroleum Corp. Ltd (BPCL) said on Friday it has signed definitive agreements to acquire a 21% stake ......