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Latest Articles in payments banks

Sebi Allows Payments Banks To Act As Investment Bankers

Non-scheduled payments banks, which have prior approval from the Reserve Bank of India (RBI), will be eligible to act as a banker to an issue (BTI), Sebi said in a circular.

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TalentSprint To Make India The Major Hub Of Fintech And Blockchain Expertise

Announces Foundations of FinTech and Blockchain, a new state-of-the-art program for technology and finance professionals. The program will be offered in hybrid mode across Bengaluru, Delhi, Hyderabad, and Mumbai.

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Paytm Swears By India Digital Play, Lines Up Rs 20,000 Cr

CEO Vijay Shekhar Sharma of Paytm said its platform processes about 250 crore transactions annually worth of Rs 80,000 crore

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One Year of Demonetisation: Effects on Online Spending, Credit Card Usage and E-Wallets

Demonetization took away nearly 86 per cent of the currency in circulation, creating a huge cash crunch in the economy, forcing a digital economy push

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Paytm Payments Bank In Talks To Partner Full-service Banks: Renu Satti

The payments banks can take savings deposits and remittances but are not permitted to lend

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NPCI Launches Bharat Bill Payment System Pilot Project

BBPS is the Reserve Bank mandated system which will provide interoperable bill payment services to customers

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Paytm’s Payments Bank To Launch Before November This Year

The entity, Paytm Payment Bank Ltd, is expected to become the second biggest revenue source for the parent firm after the core payments business

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Payments Banks: Financial Roadmap

Payment Banks are set to usher in a new paradigm for retail banking. There is understandable euphoria amongst business houses and customers alike, coupled with expectations that Payments Banks will contribute to JAM to fulfill the objective of financial inclusion and reduce the dependency of cash in Indian economy.

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Bumps Ahead

Being perceived as relevant is only one of the challenges for payments banks, as bigger issues lie ahead

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