User: srikanthlogic Topic: Digital Payments
Category: Payment Banks
Last updated: Jun 20 2019 18:27 IST RSS 2.0
 
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Airtel Payments Bank launches ‘Atal Pension Yojana’ for its customers 20.6.2019 Central Chronicle
Agencies, Kolkata Airtel Payments Bank today announced the launch of Atal Pension Yojana for its savings account customers. Airtel Payments Bank has become the first payments bank in the country to offer this Pension Fund Regulatory and Development Authority (PFRDA) administered scheme. An initiative by the Government of India, Atal Pension Yojana is primarily aimed […]
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Paytm Payments Bank ahead of major banks in digital transaction target 7.6.2019 Sify Finance
Paytm Payments Bank has received a target of 501.16 crore digital transactions for the financial year 2019-20 from the Ministry of Electronics and Information Technology (MeitY), higher than the targets set for major banks including HDFC Bank, ICICI Bank and Punjab National Bank.
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Fastags can Now be Purchased Online through Amazon 29.5.2019 Govt of india: PIB
FASTags are now available on e-commerce platform Amazon. These were earlier launched by IHMCL, a company promoted by NHAI, in January 2019. NHAI FASTag is a ‘bank-neutral’ FASTag i.e. no bank is pre-assigned to the FASTag at the time of purchase by customer from a Point-of-Sale or Online and offers the flexibility to customer to link the FASTag with their existing bank account by using My FASTag Mobile app, currently available on Google Play Store.
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RBI penalises five PPI issuers 4.5.2019 Sify Finance
The Reserve Bank of India (RBI) on Friday imposed monetary penalty on five Prepaid Payment Instrument (PPI) issuers, including Vodafone m-pesa, for non-compliance of regulatory guidelines.
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Airtel Payments Bank launches two wheeler insurance product with Bharti AXA General Insurance 20.4.2019 Central Chronicle
New Delhi, Airtel Payments Bank on Friday announced the launch of an attractive two wheeler insurance product in association with Bharti AXA General Insurance. “This two wheeler insurance product offers great value to customers, including up to 70 percent savings on annual premium, personal accident cover, protection against third-party liabilities and inspection free renewal through a […]
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Cong attack again, claims sting video exposes Modi Govt’s corruption in demonetisation 9.4.2019 Central Chronicle
New Delhi, Terming demonetisation the biggest scam in the history of India, the Congress on Tuesday made a serious allegation that a sting video has ‘revealed’ that new currency with the then RBI Governor Urjit Patel’s signature was actually printed six months earlier. Addressing a press conference at AICC headquarters senior Congress leader and former Union […]
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Sensex rises over 150 points, Nifty above 11,750 3.4.2019 Hindu: Medicine & Research
The BSE benchmark Sensex rose over 150 points in early trade led by gains in banking and auto stocks amid positive cues from other Asian markets. The
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IIM, Visakhapatnam achieves 100% placement yet again 28.3.2019 Hindu: Visakhapatnam
Average salary put at ₹12.61 lakh, highest CTC touches ₹22 lakh
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NITI Aayog to hold FinTech Conclave on Monday 24.3.2019 Sify Finance
The NITI Aayog will organise the FinTech Conclave 2019 on financial technologies in the national capital on Monday, according to an official announcement here.
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NITI Aayog to organise FinTech Conclave 2019 24.3.2019 Govt of india: PIB
NITI Aayog is organising a day-long FinTech Conclave at Dr. Ambedkar International Center, New Delhi tomorrow on 25th March, 2019. The objective is to shape India’s continued ascendancy in FinTech, build the narrative for future strategy and policy efforts, and to deliberate steps for comprehensive financial inclusion,  The Conclave will be featuring representatives from across the financial space – central ministries, regulators, bankers, startups, service providers and entrepreneurs.
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Nifty, Sensex rise; stronger rupee boosts sentiment 7.3.2019 Reuters: Money News
Indian shares edged up on Wednesday as a stronger rupee buoyed sentiment, while investors pinned their bets on hopes of a second term for the current government in the next elections.
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Sensex settles 158 down at 35,876, Nifty below 10,800 mark 14.2.2019 Sify Finance
Benchmark indices continued their downtrend on Thursday with energy stocks taking a beating after crude oil prices started rising in global markets.
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Equity indices slip further tracking cues from Asian markets 14.2.2019 Sify Finance
[India], Feb 14 (ANI): Benchmark indices fell in early trading on Wednesday after tracking trends in Asian markets.
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Sensex up 275 points, Nifty above 11,000 6.2.2019 Sify Finance
The thirty scrip sensitive Sensex opened higher and advanced by 275 points in the early trade session on Wednesday while Nifty traded above the 11,000 mark.
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Airtel Q3 net income plunges 72% to Rs 86 crore; payments bank helps bolster finances 1.2.2019 Financial Chronicle
New Delhi Bharti Airtel on Thursday reported a 72 per cent drop in consolidated net income for the three months ended December 2018 at about Rs 86 crore, amid market turbulence triggered by cut-throat competition in its India business. A hange in the accounting structure with respect to Airtel Payments Bank brought an exceptional gain of Rs 1,017 crore for Bharti Airtel and bolstered the company’s financials. “After accounting for gain of Rs 1,017 crore towards exceptional items (net of tax), the resultant net income for the quarter ended December 31, 2018 came in at Rs 86.2 crore,” Airtel said. Its net income stood at Rs 306 crore in the same period of the previous year. While rival Reliance Jio posted a 22 per cent rise in profit at Rs 831 crore on year-on-year basis in the home turf, Airtel’s losses from India operations (before exceptional items) stood at Rs 971.9 crore, compared to a net income of Rs 373.5 crore in the year ago period. Among telecom service business arm, only Airtel Africa recorded ...
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Union Finance Minister shri Piyush Goyal Lauds Unprecedented Growth of The India Post Payments Bank 30.1.2019 Govt of india: PIB
Union Minister of Railways, Coal, Finance and Corporate Affairs Shri Piyush Goyal has congratulated the Department of Posts and India Post Payments Bank  (IPPB) for their tremendous efforts in spreading the activities of the bank.
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Election worries muddy waters for bond investors in India 30.1.2019 Reuters: Top News
Doubts over how India will vote in a coming election and fears that the government will overspend persuading people to extend its mandate is keeping investors wary of buying bonds despite the lure of low inflation and possible interest rate cuts.
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Mukesh Ambani calls for movement against 'data colonisation' 18.1.2019 Sify Finance
Invoking Mahatma Gandhi's movement against colonisation, Reliance Industries Chairman and Managing Director Mukesh Ambani on Friday urged Prime Minister Narendra Modi to lead a fight against "data colonisation", saying that Indian data must be "owned and controlled" by Indians.
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Sensex soars over 460 points, Nifty regains 10,800 15.1.2019 Zee News : Business
Drop in inflation raised hopes of monetary easing.
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PM Modi Launches Comprehensive Pension Management Software SAMPANN 29.12.2018 NDTV News - India-news
Prime Minister Narendra Modi on Saturday launched a comprehensive pension management software SAMPANN to facilitate pensioners of the telecom department.
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