Sunil Mittal favours payment bank licence for telcos over banks
Pitching for payment bank licence for telcos, telecom tycoon Sunil Bharti Mittal on Tuesday said traditional banks will not be able to deliver financial services to the lower end of the population without incurring huge losses.
Jul 14, 2015, 21:08 PM IST
Mahindra Finance eyes 50% stake in proposed Payment Bank
Mahindra Finance is likely to hold up to 50 per cent stake in the proposed Payment Bank, for which a group entity has applied for a licence from RBI.
Apr 26, 2015, 13:25 PM IST
Vodafone India applies for payment bank licence
Vodafone India on Tuesday said it has applied for a payment bank licence and is exploring options for partnerships for the proposed banking venture.
Feb 03, 2015, 15:38 PM IST
Bharti Airtel to apply for payment bank; Kotak to be investor
Top mobile operator Bharti Airtel today said it will apply for a payment bank licence, while private sector lender Kotak Mahindra Bank will have a 19.9 percent stake in the proposed banking venture.
Jan 29, 2015, 18:28 PM IST
