MUMBAI: Banking, as we have known it, appears headed for an upheaval. Reliance Industries and Aditya Birla Group, telecom giants like Airtel and Vodafone, and a number of tech and finance companies - to set up 'payments banks'. READ MORE: Unlike ... Times of India, 1 week ago
Payments bank licence to leverage telecom and retail business, says Reliance Industries - DNA, 1 week ago
Banking revolution coming : Reliance, Birla, telcos among 11 entities to set up payment banks - India TV, 1 week ago
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Previous story: Reliance and Jasper Partner to Deliver IoT Services Across India and Make Smart Cities a Reality Next story: Credit growth of scheduled commercial banks (SCBs) decelerated from 14.5% in FY14 to 9.7% in FY15 on account of ...APN News, 2 days ago
Federal Bank, Hindustan Construction Co. and Indian Hotels Company were the top buys, while Steel Authority of India, National Aluminium Co. and Rain Industries were the top sells by the Reliance Mutual Fund.Money Control, 1 month ago
PTI New Delhi Last Updated: June 26, 2015 | 14:24 IST Photo: Reuters Reliance Capital Asset Management Company (RCAM) and ICICI Securities Primary Dealership have been selected to manage Rs 60,000 crore provident fund corpus of coal industry workers, an ...Money Today, 2 months ago
The global lender also warned that while inflation is seen accelerating to about 1.5 %over the medium term, hitting the Bank of Japan's 2 % target. TOKYO: Japan must avoid overly relying on a weak yen to reflate the economy by deploying a new round of ...Economic Times, 1 month ago
when equity markets fell worldwide (S&P BSE Sensex fell about 6%), there are only a handful of fund managers whom most wealth managers, financial planners and investors turn to. Strangely, on that day, there was an eerie sense of calm at the ...Livemint.com, 22 hours ago
Payments banks can annually free up a whopping Rs 14 trillion in incremental credit for the fund-starved infrastructure sector, says a SBI Research report. "Apart from helping banks offer facilities to the unbanked sections, we estimate that on ...Millennium Post, 16 hours ago Payments banks to boost infrastructure funding Oman Tribune, 18 hours ago Payments Banks Rs 14 Lakh Crore Bonanza for Infrastructure Sector NDTV Profit, 1 day ago Payments banks Rs14 lakh crore bonanza for infra sector Livemint.com, 1 day ago
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Share to Facebook Share to Twitter CUSTOMERS TO GET MORE BENEFITS By G. Srinivasan The RBI Deputy Governor Mr. H.R. Khan hit the nail on the head when he said the last few years have been trying times for the domestic ...IPA Newspack.com, 3 days ago
Development & Aid , Economy & Trade , Food & Agriculture , Headlines , IPS UN: Inside the Glasshouse , Latin America & the Caribbean VIENNA, Aug 27 2015 (IPS) - The OPEC Fund for International Development (OFID) has agreed to give the United ...Inter Press Service, 3 days ago
Payments banks will mainly deal in remittance services and accept deposits of up to Rs 1 lakh. The Reserve Bank of India (RBI) on Wednesday allowed 11 business houses, including Reliance Industries, the Aditya Birla group and leading telecom companies Airtel and Vodafone to start payments banks. Bharti Airtel and Reliance Industries had earlier tied up with Kotak Mahindra Bank and State Bank of India, respectively, for payments bank operations. The Reliance-SBI payments bank has an ...Rediff.com, 1 week ago Reserve Bank of India approves 11 payments banks Deccan Chronicle, 1 week ago RBI approves 11 payments banks Asian Age, 1 week ago
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