RBI grants in-principle approval to 11 cos for payments banks

The Reserve Bank of India (RBI) on Wednesday granted `in-principle` approval to 11 entities, including Reliance Industries, Aditya Birla Nuvo and Department of Posts, to set up non-lending payments banks as part of the financial inclusion drive.   Check out our website: http://www.zeenews.com Facebook: https://www.facebook.com/ZeeNews Twitter: https://twitter.com/ZeeNews Google Plus: https://plus.google.com/+Zeenews

Aug 20, 2015, 12:53 PM IST