Tuesday, Oct 04, 2022

Payments Bank


RBI order on payments bank sinks Paytm 12.8%

March 15, 2022 4:45 am

“This action is based on certain material supervisory concerns observed in the bank,” the Reserve Bank of India (RBI) said last Friday.

Paytm Payments Bank barred from onboarding clients; RBI directs IT audit

March 12, 2022 9:26 am

The bank has also been directed to appoint an IT audit firm to conduct a comprehensive system audit of its IT system.

To seek Cabinet nod for India Post payment bank this month: Ravi Shankar Prasad

May 12, 2016 2:18 am

India Post’s payment bank is slated for a March 2017 launch.

Core banking at 25K post offices by April: Ravi Shankar Prasad

March 23, 2016 1:22 am

The minister said that the core banking linkage of post offices was bigger than that of State Bank of India, which has 16,333 CBS-enabled branches.