User: srikanthlogic Topic: Digital Payments
Category: Payment Banks
Last updated: Jul 04 2018 16:39 IST RSS 2.0
 
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RBI allows Bank of China to operate in India 4.7.2018 Central Chronicle
New Delhi, In a major initiative to strengthen relations with Russia and China, India will soon have a “maritime dialogue”, a senior official in the Ministry of External Affairs said here on Wednesday. “We are proposing to have a maritime dialogue with China and Russia in couple of months,” the official said. The efforts is work […]
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Just before payments service launch, WhatsApp updates privacy policy 23.6.2018 DNA: Bangalore
Just before payments service launch, WhatsApp updates privacy policy
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WhatsApp updates privacy policy, terms of use ahead of payments service launch 23.6.2018 Hindu: Rx
WhatsApp, which is testing its payments services in India, on Saturday said it is updating its terms of service and privacy policy to “reflect the a
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Ex-RBI Dy Governor R Gandhi joins Paytm 20.6.2018 Sify Finance
[India], June 20 (ANI): One97 Communications Limited, the company that owns digital payment major, Paytm, announced the appointment of retired Reserve Bank of India (RBI) Deputy Governor, Rama
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Ex-RBI Deputy Governor R Gandhi joins Paytm as Advisor 19.6.2018 DNA: Urban Tales
One97 Communications, which runs Paytm, has appointed former RBI Deputy Governor Rama Subramaniam Gandhi as an advisor. Gandhi will bring his years of knowledge and experience on payment systems, regulations, compliance and corporate governance, the company said in a statement. Gandhi was a member of the first Monetary Policy Committee. He has also been the head of two regional offices of the Reserve Bank and held a charge as the Director of the Institute for Development and Research in Banking Technology (IDRBT), Hyderabad, it added.  Besides holding strategic roles in RBI, he had also piloted several innovative projects on IT, payment systems, financial literacy, financial inclusion and other developmental initiatives, the statement said. "Since the beginning of our journey, we have focused on building an organisation that has the culture and the resources of serving our customers responsibly," Vijay Shekhar Sharma, Founder and CEO of Paytm, said. Gandhi, on the appointment, said, "I have dedicated my ...
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Soon, banking boon for rural India 17.6.2018 Rediff: Top Stories (India)
The Indian Post Payments Bank will be a boon to Indians who live in rural areas.India has 154,000 post offices, of which 139,000 are rural.
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Setback for Airtel payments bank over Aadhaar linked KYC 11.6.2018 Rediff: Business
Experts contend that this setback, even if temporary, could put the company at a disadvantage to its competitors in acquiring new customers.
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Market indices extend gains post RBI policy 7.6.2018 Sify Finance
[India], June 7 (ANI): Market indices extended gains from the previous closing on account of the Reserve Bank of India (RBI) monetary policy statement released on Wednesday.
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Sensex ends 275.67 points higher post RBI policy 6.6.2018 Sify Finance
[India], June 6 (ANI): Market indices on Wednesday ended significantly higher owing to favourable outcome from the Reserve Bank of India (RBI) monetary policy.
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Colonial hangover 5.6.2018 FrontLine: Home
The Central government ignores a nationwide strike by rural postal workers who are struggling to be recognised as full-time employees of the Postal Department in order to receive living wages at a time when they find their workload substantially increased to keep government schemes afloat. By T.K. RAJALAKSHMI
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Markets extend losses as RBI decision looms 5.6.2018 Rediff: Business
Coal India topped the losers' list in the Sensex pack on Tuesday, falling 2.36 per cent, followed by Bharti Airtel at 2.16 per cent.
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Security agencies write to PM against RBI's circular on cash transportation 29.5.2018 Top Stories
In a letter to Prime Minister Narendra Modi, the Central Association of Private Security Industry (CAPSI) said these norms are arbitrary
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Sudha Balakrishnan appointed 1st RBI CFO 29.5.2018 General News
NSDL Vice-President Sudha Balakrishnan has been appointed as the first chief financial officer (CFO) of the Reserve Bank, as part of the organisational change brought in by Governor Urjit Patel, banking sources said. Balakrishnan, a chartered accountant, will hold the rank of executive director. While inviting applications for the newly created post in May last year, RBI had said that the CFO will be responsible for reporting of financial information of the central bank, establishing accounting policies and ensuring compliance with regulations. The CFO, it had said, will also be entrusted with communicating RBIs expected and actual financial performance and overseeing its budget processes. Till now, the central bank did not have a dedicated official handling the finance function, and the tasks were being carried out internally. Patel's predecessor Raghuram Rajan had pursued an idea of creating a chief operating officer for the apex bank but the government shot down the proposal as it .
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Reserve Bank of India appoints first Chief Financial Officer 29.5.2018 DNA: Bangalore
Reserve Bank of India appoints first Chief Financial Officer
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Reserve Bank of India appoints Sudha Balakrishnan as its first CFO 28.5.2018 Latest News
The appointment will initially be for a of three-year period, which could be extended further, subject to annual review
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MTNL debt, difference in pay scales impede merger: BSNL Head 27.5.2018 General News
Bharat Sanchar Nigam (BSNL) feels a merger with MTNL will be positive for both the companies, but there are a few impediments like the latters huge debt and the difference between pay scales which need to be sorted out, a top official has said. However, there is no specific plan on the merger in the works at present, beyond the appointment of a consultant by the government. The state-run telco has inked a pact with Softbank to co-work on "interest areas" and is also in talks with the Japanese telecom companys investee company Paytm for a tie-up, the official said. "Merger between the two (MTNL and BSNL) is going to be good for both the companies. Lets take the argument that it is going to be good, but there are various issues that need to be sorted out," its chairman and managing director Anupam Shrivastava told PTI recently. The impediments include MTNLs debt of over Rs 16,000 crore as of December 2017 and the difference between the pay scales for employees of both the
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Airtel Payments Bank appoints Anubrata Biswas as MD & CEO 24.5.2018 Hindu: Fitness
Anubrata Biswas is MD at Airtel Payments Bank Airtel Payments Bank has appointed Anubrata Biswas as its managing director and CEO. Mr. Biswas has exp
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Airtel Payments Bank appoints Anubrata Biswas as new MD & CEO 24.5.2018 Business Standard: News Now
Prior to to joining Airtel Payments Bank, Anubrata was Joint General Manager and Retail Business Head - South India for ICICI Bank
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Airtel Payments Bank appoints Anubrata Biswas as MD & CEO 24.5.2018 General News
Airtel Payments Bank on Thursday announced appointment of Anubrata Biswas as its Managing Director & CEO.In his new role, Anubrata will be responsible for driving Airtel Payments Bank's mission of taking convenient and innovative digital banking services to the doorstep of every Indian."We are delighted to have Anubrata on board. I am confident that his experience will add immense value to the bank's agenda of financial inclusion and digital leadership. I wish him the very best for his new assignment," said chairman, Airtel Payments Bank, Sunil Bharti Mittal.Anubrata brings with him rich experience of over 17 years in the banking sector. Prior to joining Airtel Payments Bank, he was the Joint General Manager and Retail Business Head - South India for ICICI Bank and was responsible for managing the retail banking business across over 550 branches of the bank.During his 17 year stint with ICICI, Anubrata has held several senior level positions, both in India and overseas. He has ...
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Airtel Payments Bank appoints ex-ICICI executive A Biswas as MD, CEO 24.5.2018 General News
Airtel Payments Bank today said that it has appointed former ICICI Bank senior executive Anubrata Biswas as its Managing Director and CEO. We are delighted to have Anubrata on board. I am confident that his experience will add immense value to the bank's agenda of financial inclusion and digital leadership. I wish him the very best for his new assignment, Airtel Payments Bank, Chairman, Sunil Bharti Mittal said in a statement. In his new role, Biswas will be responsible for driving Airtel Payments Bank's mission of taking convenient and innovative digital banking services to the doorstep of every Indian, the statement said. Prior to joining Airtel Payments Bank, Biswas was the joint general manager and retail business head - South India, for ICICI Bank and was responsible for managing the retail banking business across over 550 branches of the bank. The appointment of Biswas comes five months after the exit of Shashi Arora, the first MD and CEO of Airtel Payments Bank. The resignation
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