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Posts published in July 2016

All Payment Banks in India are Closer to Reality


Three have already backed out. Off the remaining eight, four are expected to start operations soon. This, in short, is the story of Reserve Bank of India’s (RBI) bid to…

Banking on Unbanked India through Payment Bank


Close to a year after the Reserve Bank of India (RBI) gave ‘in-principle’ licences to 11 entities (only eight are in the fray now) to launch payments banks in the…