While a payments bank cannot access the call money market or the interbank line, a scheduled bank can
10 Dec 2021 9:15 AM
PPBL claimed to lead mobile banking transactions with over 19 per cent market share as of March 2019.
23 May 2019 12:26 PM
PPB has 4.4 crore savings bank accounts with deposits of over Rs 400 crore as well as 26 crore wallet accounts.
20 Apr 2019 12:33 PM
Gupta comes with over 35 years of experience in the field of Banking.
25 Oct 2018 11:48 AM
Local ordering is expected to become one third of Paytm orders and gross merchandise value (GMV) by 2020.
28 Jul 2018 3:42 PM
RBI's new guidelines say all prepaid instruments need to ensure their customers are KYC-enabled.
25 Oct 2017 5:22 PM
Company also aims to add over 10,000 KYC personnel to its existing workforce to achieve this target.
24 Oct 2017 11:48 AM
Payments banks can accept deposits from individuals and small businesses up to Rs 1 lakh per account.
04 Oct 2017 9:29 AM
RuPay-powered digital debit card will be issued to all customers who have opened their bank accounts with PPB.
11 Sep 2017 8:19 PM
PPB may attract large number of customers who are part of India's traditional banking system.
23 May 2017 2:34 PM
The payments bank was launched with 4 per cent interest rate and cashbacks on deposits.
23 May 2017 11:32 AM
Paytm Payments Bank aims to open 31 branches and 3,000 customer service points in its first year.
23 May 2017 11:00 AM
Company founder says greater penetration of mobile Internet connectivity will further grow its business.
17 Mar 2017 5:11 PM